On December 29, 2022, Saba Capital Management, L.P. announced that it has submitted to Templeton Global Income Fund a notice informing the Company of its intention to (i) nominate a slate of 3 independent trustee candidates, Stephen G. Flanagan, Garry Khasidy, and Andrew Kellerman, for election to the Board at the Company's 2023 annual meeting of shareholders and (ii) submit a proposal to terminate the investment management agreement between the Company and its investment manager, Franklin Advisers, Inc. Certain of the 2023 nominees have entered into a nomination agreement with Saba Capital substantially in the form of nominee agreement whereby such nominees agreed to become members of a slate of nominees and stand for election as directors of the Company in connection with a proxy solicitation which may be conducted in respect of the 2023 annual meeting.
Saba Capital Income & Opportunities Fund II
Equities
SABA
US8801981064
Investment Management & Fund Operators
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5-day change | 1st Jan Change | ||
3.87 USD | +1.04% | +1.04% | +2.11% |
1st Jan change | Capi. | |
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+2.11% | 218M | |
+0.88% | 92.96B | |
+13.71% | 68.72B | |
+17.46% | 64.48B | |
+12.07% | 43.01B | |
+13.11% | 42.31B | |
+16.48% | 35.83B | |
+2.94% | 24.9B | |
-1.56% | 22.69B | |
+6.46% | 19.45B |
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