GAMCO Investors, Inc. to Make Nomination to the Boards of Saba Capital Management Closed-End Funds
Globenewswire·2026-02-02 21:01
GREENWICH, Conn., Feb. 02, 2026 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“Gabelli”) (OTCQX: GAMI) today announced that certain of its affiliates intend to nominate David Schachter for election as a Trustee to the Boards of the Saba Income & Capital Opportunities Fund (NYSE: BRW) and the Saba Capital Income & Opportunities Fund II (NYSE: SABA), both closed-end funds (the “Funds”) managed by Saba Capital Management L.P. The Funds currently trade at discounts to their net asset values—approximately 11.26% fo ...