Saba Capital Income & Opportunities Fund's Board of Trustees Approves Reverse Stock Split

Author's Avatar
Mar 31, 2022

Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a closed-end management investment company listed on the New York Stock Exchange, today announced that its Board of Trustees has approved a reverse stock split (the "Reverse Split") of the Fund's common shares at a ratio of 1-for-2. The Reverse Split’s effective date, which is the date when the Fund's common shares will begin trading on a split-adjusted basis, will be May 20, 2022.