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 | ||
3.71 USD | -0.27% | -0.54% | -2.11% |
1st Jan change | Capi. | |
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-2.11% | 211M | |
-5.57% | 113B | |
-1.26% | 89.35B | |
+15.50% | 62.84B | |
+3.73% | 59.88B | |
+10.37% | 42.75B | |
+7.33% | 42.22B | |
+18.09% | 33.83B | |
+3.97% | 24.94B | |
-3.96% | 22.47B |
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