Templeton Global Elects Saba Capital Nominees to its Board
May 12, 2021 at 04:35 pm EDT
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On May 12, 2021, Saba Capital Management, L.P. announced that on May 11, 2021, the independent inspector for Templeton Global Income Fund's 2021 annual meeting of shareholders certified that Saba Capital's nominees, Aditya Bindal, Frederic Gabriel, Paul Kazarian, and Pierre Weinstein, have been elected to the Company's Board based on the shareholder votes cast at the annual meeting.
Saba Capital Income & Opportunities Fund II (the Fund), formerly Templeton Global Income Fund, is a closed-end management investment company. The Fund seeks to provide investors with a high level of current income, with a secondary goal of capital appreciation. The Fund invests globally in debt and equity securities of public and private companies, which includes, among other things, investments in closed-end funds, special purpose acquisition companies (SPACs), reinsurance, and public and private debt instruments. The Fund also may utilize derivatives, including total return swaps, credit default swaps, options and futures, in seeking to enhance returns and/or to reduce portfolio risk. The Fund may also invest up to 15% of its total assets in private funds on a discretionary basis. The Fundâs manager is Saba Capital Management, LP.
SABA CAPITAL INCOME & OPPORTUNITIES FUND II 
