Newgate Capital Management’s Saba Capital Income & Opportunities Fund II SABA Stock Holding History

Newgate Capital Management’s Portfolio SABA Stock Details SABA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-43,080	Closed	-$545K	–	106
2015 Q4	$545K	Buy	43,080 +20,800	+93%	+$267K	0.41%	50
2015 Q3	$271K	Sell	22,280 -40,242	-64%	-$527K	0.2%	87
2015 Q2	$876K	Sell	62,522 -180,657	-74%	-$2.61M	0.65%	33
2015 Q1	$3.5M	Sell	243,179 -8,666	-3%	-$125K	2.44%	14
2014 Q4	$3.61M	Sell	251,845 -18,943	-7%	-$290K	2.38%	8
2014 Q3	$4.31M	Sell	270,788 -34,049	-11%	-$547K	2.5%	9
2014 Q2	$5.04M	Buy	304,837 +135,441	+80%	+$2.16M	1.32%	27
2014 Q1	$2.72M	Buy	+169,396	New	+$2.67M	0.61%	61

Other funds holding SABA

RCM

Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 1-Year Est. Return

PMG

Private Management Group Irvine, California $3.47B AUM 13.39% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

FIM

Frontier Investment Management Dallas, Texas $1.62B AUM 1.86% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

FIMG

Financial & Investment Management Group Traverse City, Michigan $274M AUM 8.43% 1-Year Est. Return

EAM

Evanson Asset Management Carmel, California $1.86B AUM 25.39% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

IWC

Integrated Wealth Counsel Carmel, California $46.5M AUM 7.34% 1-Year Est. Return

Newgate Capital Management's SABA Position: Q1 2016 in Review

Newgate Capital Management sold out of Saba Capital Income & Opportunities Fund II (SABA) in Q1 2016, closing a stake of 43,080 shares — an estimated $545K sold.

Newgate Capital Management first reported a position in SABA in Q1 2014 and held it in 8 quarters. The position peaked at $5.04M in Q2 2014. 128 funds tracked by Wall St. Rank hold SABA as of Q1 2016.

Newgate Capital Management reported no remaining Saba Capital Income & Opportunities Fund II position as of Q1 2016 after selling out during the quarter.
Newgate Capital Management sold 43,080 Saba Capital Income & Opportunities Fund II shares in Q1 2016, an estimated $545K.
Newgate Capital Management first reported a position in Saba Capital Income & Opportunities Fund II in Q1 2014 and held it in 8 quarters.
Newgate Capital Management's Saba Capital Income & Opportunities Fund II position peaked at $5.04M in Q2 2014.
128 funds tracked by Wall St. Rank held Saba Capital Income & Opportunities Fund II as of Q1 2016.

Based on Newgate Capital Management's 13F filing for Q1 2016, filed 29 Apr 2016.