Saba Capital Income & Opps Fund Files Proxy Statement

TL;DR

Saba Capital Income & Opps Fund dropped its DEF 14A proxy statement. Old names: Voya, ING, Pilgrim.

AI Summary

Saba Capital Income & Opportunities Fund filed a definitive proxy statement (DEF 14A) on May 21, 2024, for the fiscal year ending February 28, 2024. The filing pertains to the company formerly known as Voya PRIME RATE TRUST, ING PRIME RATE TRUST, and PILGRIM AMERICA PRIME RATE TRUST, with name changes occurring on April 21, 2014, February 5, 2002, and May 18, 1996, respectively. The company's business address is located at 7337 E. Doubletree Ranch Road, Ste 100, Scottsdale, AZ 85258.

Why It Matters

This filing provides shareholders with important information regarding the company's governance and operations, allowing them to make informed decisions at upcoming shareholder meetings.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not inherently present new risks to investors.

Key Numbers

• 20240521 — Filing Date (The date the definitive proxy statement was filed with the SEC.)
• 20240620 — Period of Report (The period for which the proxy statement is relevant.)
• 0228 — Fiscal Year End (The end date of the company's fiscal year.)

Key Players & Entities

• Saba Capital Income & Opportunities Fund (company) — Registrant
• Voya PRIME RATE TRUST (company) — Former Company Name
• ING PRIME RATE TRUST (company) — Former Company Name
• PILGRIM AMERICA PRIME RATE TRUST (company) — Former Company Name
• 7337 E. Doubletree Ranch Road, Ste 100, Scottsdale, AZ 85258 (location) — Business Address

FAQ

Key Financial Figures

• $4.6 billion — 024, Saba Capital managed approximately $4.6 billion in assets. The Fund has engaged ALPS F
• $2.5 billion — event-driven investment firm with over $2.5 billion in AUM where he was responsible for fir

Filing Documents

• ea0206582-01_def14a.htm (DEF 14A) — 215KB
• image_001.jpg (GRAPHIC) — 176KB
• image_002.jpg (GRAPHIC) — 178KB
• image_003.jpg (GRAPHIC) — 2KB
• image_004.jpg (GRAPHIC) — 2KB
• 0001213900-24-045406.txt ( ) — 711KB

From the Filing

DEF 14A 1 ea0206582-01_def14a.htm DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to § 240.14a-12 SABA CAPITAL INCOME & OPPORTUNITIES FUND (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement if other than the Registrant) Payment of Filing Fee (Check appropriate box): No fee required Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. (1) Title of Each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration No.: (3) Filing Party: (4) Date Filed: Saba Capital Income & Opportunities Fund 405 Lexington Avenue, 58 th Floor New York, New York 10174 212-542-4644 May 21, 2024 Dear Shareholder: On behalf of the Board of Trustees (the “Board”), we are pleased to invite you to the annual meeting of shareholders (the “Annual Meeting”) of Saba Capital Income & Opportunities Fund (the “Fund”). The Annual Meeting is scheduled for 11:00 a.m., Eastern Time, on June 20, 2024, via audio teleconference. At the Annual Meeting, shareholders of the Fund are being asked to approve the election of six nominees to the Board of Trustees of the Fund (the “Proposal”). Formal Notice of the Annual Meeting appears on the next page, followed by the proxy statement (the “Proxy Statement”). The Proposal is discussed in detail in the enclosed Proxy Statement, which you should read carefully. After careful consideration, the Board recommends that you vote “FOR” the Proposal. Your vote is important regardless of the number of shares you own. To avoid the added cost of follow-up solicitations and possible adjournments, please take a few minutes to read the Proxy Statement and cast your vote. It is important that your vote be received no later than June 20, 2024. We appreciate your participation and prompt response in this matter and thank you for your continued support. Sincerely, Andrew Kellerman Chairman of the Board Notice of Annual Meeting of Shareholders of Saba Capital Income & Opportunities Fund 405 Lexington Avenue, 58 th Floor New York, New York 10174 212-542-4644 Dear Shareholder: NOTICE IS HEREBY GIVEN that an annual meeting of the shareholders (the “Annual Meeting”) of Saba Capital Income & Opportunities Fund (the “Fund”) is scheduled for Thursday, June 20, 2024 at 11:00 A.M. Eastern Time via audio teleconference for the purposes described below and more fully described in the accompanying proxy statement (the “Proxy Statement”). Shareholders will not have to travel to attend the Annual Meeting but will be able to view the meeting live and cast their votes by accessing a web link. At the Annual Meeting, shareholders will be asked: 1. To elect six nominees to the Board of Trustees of the Fund, each to hold office for the term indicated and until his or her successor has been elected and qualified (the “Proposal”); and 2. To transact such other business, not currently contemplated, that may properly come before the Annual Meeting, or any adjournment(s) or postponement(s) thereof. Please read the enclosed Proxy that you vote “FOR” the Proposal. The Board has fixed the close of business on April 22, 2024, as the record date for the determination of shareholders entitled to receive notice of, and to vote at, the Annual Meeting or any adjournment(s) and postponement(s) thereof (“Record Date”). Your attention is called to the accompanying Proxy Statement. Regardless of whether you plan to attend the Annual Meeting, please complete, sign, and return promptly, but in no event later than June 20, 2024, the enclosed Proxy Ballot so that a quorum will be present and a maximum number of shares may be voted. P

View Full Filing

View this DEF 14A filing on SEC EDGAR