Saba Capital Income & Opportunities Fund to Merge with Saba Capital Income & Opportunities Fund II

Reuters
2026.02.03 21:30
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The Boards of Trustees of Saba Capital Income & Opportunities Fund (NYSE: BRW) and Saba Capital Income & Opportunities Fund II (NYSE: SABA) have approved a merger proposal, combining SABA into BRW. This merger aims to enhance investment scale and trading volume for common shares. The transaction requires shareholder approval and customary closing conditions, with proxy materials expected to be filed in Q1 2026. This news is generated by Public Technologies and should not be considered financial advice.