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 | ||
3.745 USD | -0.40% | +0.94% | -1.19% |
1st Jan change | Capi. | |
---|---|---|
-1.19% | 211M | |
-6.03% | 113B | |
-3.98% | 87.91B | |
+20.96% | 63.76B | |
+5.29% | 61.9B | |
+10.12% | 42.86B | |
+7.95% | 40.84B | |
+18.92% | 34.58B | |
+5.88% | 25.48B | |
-5.25% | 22.13B |
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