Saba Capital Income & Opportunities Fund

Saba Capital Income & Opportunities Fund is a closed-end management investment company focused on delivering a high level of current income with a secondary objective of capital appreciation. Managed by Saba Capital Management, the fund employs a global investment strategy, allocating assets across a diverse array of debt and equity securities from both public and private companies. Its portfolio includes positions in closed-end funds, special purpose acquisition companies (SPACs), reinsurance instruments, and a wide spectrum of public and private debt. To enhance returns and manage risks, the fund utilizes various derivatives such as total return swaps, credit default swaps, options, and futures. Up to 15% of its assets may be invested in private funds, providing further diversification. By constructing a globally diversified portfolio, the fund seeks to capitalize on income-generating opportunities across multiple sectors and regions, aiming to provide resilience and consistent income regardless of broad market conditions. Its approach gives investors exposure to a sophisticated mix of credit and equity strategies, positioning the fund as a notable player in the landscape of income-focused investment vehicles.