Saba Capital Income & Opportunities Fund II Files Proxy Statement

TL;DR

Saba Capital Income & Opportunities Fund II proxy filing out. Vote on fund matters.

AI Summary

Saba Capital Income & Opportunities Fund II (formerly Templeton Global Income Fund) is filing a Definitive Proxy Statement (DEF 14A) on May 20, 2024, for the period ending June 20, 2024. The filing concerns the annual meeting of shareholders and related proposals. The company is headquartered in Fort Lauderdale, Florida.

Why It Matters

This filing provides shareholders with crucial information regarding upcoming votes and proposals, allowing them to make informed decisions about the fund's future direction and governance.

Risk Assessment

Risk Level: low — This is a routine proxy filing, providing information to shareholders about upcoming votes and not indicating any immediate financial distress or significant operational changes.

Key Numbers

• DEF 14A — Filing Type (Definitive Proxy Statement)

Key Players & Entities

• Saba Capital Income & Opportunities Fund II (company) — Registrant
• Templeton Global Income Fund (company) — Former Company Name
• 20240520 (date) — Filing Date
• 20240620 (date) — Period of Report
• Fort Lauderdale, Florida (location) — Business Address

FAQ

Key Financial Figures

• $4.6 billion — 024, Saba Capital managed approximately $4.6 billion in assets. 5 The Fund has engaged AL
• $2.5 billion — event- driven investment firm with over $2.5 billion in AUM where he was responsible for fir

Filing Documents

• fp0088509-1_def14a.htm (DEF 14A) — 192KB
• fp0088509-1_01.jpg (GRAPHIC) — 3KB
• fp0088509-1_02.jpg (GRAPHIC) — 209KB
• fp0088509-1_03.jpg (GRAPHIC) — 202KB
• 0001398344-24-009876.txt ( ) — 755KB

From the Filing

DEF 14A 1 fp0088509-1_def14a.htm 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 [x] 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)) [X] Definitive Proxy Statement [ ] Definitive Additional Materials [ ] Soliciting Material Pursuant to § 240.14a-12 SABA CAPITAL INCOME & OPPORTUNITIES FUND II (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): [x] 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 II 405 Lexington Avenue, 58 th Floor New York, New York 10174 212-542-4644 May 17, 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 II (the “Fund”). The Annual Meeting is scheduled for 1:00 p.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 four nominees to the Board of Trustees of the Fund (“Proposal One”). The shareholders of the Fund will be further asked to consent to an amendment to the Fund’s Declaration of Trust in order to effectuate the declassification of the Fund’s Board (“Proposal Two and collectively with Proposal One, the “Proposals”). Formal Notice of the Annual Meeting appears on the next page, followed by the proxy statement (the “Proxy Statement”). The Proposals are discussed in detail in the enclosed Proxy Statement, which you should read carefully. After careful consideration, the Board recommends that you vote “FOR” the Proposals. 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, Pierre Weinstein Chairman of the Board Notice of Annual Meeting of Shareholders of Saba Capital Income & Opportunities Fund II 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 II (the “Fund”) is scheduled for Thursday, June 20, 2024 at 1:00 P.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 four 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 (“Proposal One”); and 2. To consent to an amendment to the Fund’s Declaration of Trust in order to effectuate the declassification of the Fund’s Board of Trustees (“Proposal Two” and, collectively, with Proposal One, the “Proposals”); and 3. 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&rdqu

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View this DEF 14A filing on SEC EDGAR