Saba Capital Prevails Following Franklin Templeton's Withdrawal of its Meritless, Self-Serving Litigation

Author's Avatar
Feb 14, 2023

Saba Capital Management, L.P. (“Saba” or “we”), a significant shareholder of the Templeton Global Income Fund (NYSE: GIM) (“GIM” or the “Fund”), today reacted to the Fund’s withdrawal of its self-serving litigation that delayed the rightful election of four Saba-nominated trustees to the Fund’s Board of Trustees (the “Board”).