Saba Capital Income & Opportunities Fund

03/25/2026 | Press release | Distributed by Public on 03/25/2026 14:41

Material Event (Form 8-K)

Item 8.01. Other Events

Saba Capital Income & Opportunities Fund (NYSE: BRW) ("BRW") and Saba Capital Income & Opportunities Fund II (NYSE: SABA) ("SABA") today announced that the previously approved reorganization of BRW and SABA has been terminated, with plans to reevaluate alternatives in the future. Each fund Board's determination to no longer proceed with the reorganization was based on management's recommendation due to current market conditions.

In addition, each fund's previously approved share repurchase program will continue in effect.

Saba Capital Income & Opportunities Fund published this content on March 25, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 25, 2026 at 20:41 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]