SCM

Saba Capital Management Portfolio holdings

AUM $3.64B

This Quarter Return

-1.99%

1 Year Return

-0.6%

3 Year Return

+13.33%

5 Year Return

+38.19%

10 Year Return

+19.48%

AUM

$3.64B

AUM Growth

-$332M (-8%)

Cap. Flow

-$234M

Cap. Flow % of AUM

-6.42%

Top 10 Holdings %Top 10 Hldgs %

55.44%

Holding

312

New

Increased

Reduced

Closed

Top Buys

1	PDX PIMCO Dynamic Income Strategy Fund PDX	$18M
2	Vertical Aerospace EVTL	$14.1M
3	NBXG Neuberger Berman Next Generation Connectivity Fund NBXG	$9.92M
4	GAM General American Investors Company GAM	$7.67M
5	Bumble BMBL	$7.35M

Top Sells

1	ASGI abrdn Global Infrastructure Income Fund ASGI	$29.4M
2	BlackRock Science and Technology Term Trust BSTZ	$26.4M
3	BlackRock Capital Allocation Term Trust BCAT	$26M
4	Invesco Municipal Opportunity Trust VMO	$21.2M
5	Nuveen Core Plus Impact Fund NPCT	$19.8M

Sector Composition

1	Communication Services	1.39%
2	Consumer Discretionary	1.39%
3	Technology	0.99%
4	Industrials	0.77%
5	Financials	0.7%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 BlackRock ESG Capital Allocation Term Trust ECAT $1.6B	$451M	12.2%	28,605,041 +52,314	+0.2%	+$825K
2	BTX 2 BlackRock Technology and Private Equity Term Trust BTX $1.52B	$380M	10.27%	60,675,395 +519,269	+0.9%	+$3.25M
3	3 BlackRock Health Sciences Trust II BMEZ $1.41B	$309M	8.36%	20,750,913	–	–
4	PDX 4 PIMCO Dynamic Income Strategy Fund PDX $1.11B	$185M	5%	7,541,934 +731,721	+11%	+$18M
5	5 BlackRock Capital Allocation Term Trust BCAT $1.57B	$170M	4.6%	11,809,531 -1,807,746	-13%	-$26M
6	6 Gabelli Dividend & Income Trust GDV $2.35B	$153M	4.14%	6,348,579 +251,409	+4%	+$6.07M
7	ASA 7 ASA Gold and Precious Metals ASA $617M	$98.1M	2.65%	3,253,837	–	–
8	NBXG 8 Neuberger Berman Next Generation Connectivity Fund NBXG $1.14B	$93.9M	2.54%	7,663,379 +810,049	+12%	+$9.92M
9	NFJ 9 Virtus Dividend, Interest & Premium Strategy Fund NFJ $1.19B	$92.6M	2.5%	7,636,989 -528,623	-6%	-$6.41M
10	10 BlackRock Science and Technology Term Trust BSTZ $1.44B	$87M	2.35%	4,905,648 -1,487,051	-23%	-$26.4M
11	11 Adams Diversified Equity Fund ADX $2.55B	$84.8M	2.29%	4,462,956 -965,910	-18%	-$18.3M
12	MEGI 12 MainStay CBRE Global Infrastructure Megatrends Term Fund MEGI $746M	$83M	2.24%	6,235,018 +459,205	+8%	+$6.11M
13	GAM 13 General American Investors Company GAM $1.33B	$81.4M	2.2%	1,616,534 +152,234	+10%	+$7.67M
14	PEO 14 Adams Natural Resources Fund PEO $574M	$65.9M	1.78%	2,888,993 +46	+0%	+$1.05K
15	15 Nuveen Pennsylvania Quality Municipal Income Fund NQP $410M	$56.8M	1.53%	5,058,973	–	–
16	16 BlackRock CA Municipal Income Trust BFZ $323M	$52.2M	1.41%	4,752,360 -447,728	-9%	-$4.92M
17	17 Nuveen New Jersey Quality Municipal Income Fund NXJ $466M	$44.4M	1.2%	3,772,901 -1,500,327	-28%	-$17.7M
18	HQL 18 abrdn Life Sciences Investors HQL $374M	$40.5M	1.09%	3,188,405 -241,618	-7%	-$3.07M
19	MHI 19 Pioneer Municipal High Income Fund MHI $207M	$38M	1.03%	4,131,903 +23,942	+0.6%	+$220K
20	EVM 20 Eaton Vance California Municipal Bond Fund EVM $217M	$37.3M	1.01%	4,023,724 +185,072	+5%	+$1.72M
21	AFB 21 AllianceBernstein National Municipal Income Fund AFB $291M	$34.2M	0.92%	3,149,020	–	–
22	22 Cannae Holdings CNNE $1.35B	$33.6M	0.91%	1,834,832 -384,398	-17%	-$7.05M
23	ENX 23 Eaton Vance New York Municipal Bond Fund ENX $164M	$33.5M	0.91%	3,531,342 +219,574	+7%	+$2.08M
24	MAV 24 Pioneer Municipal High Income Advantage Fund MAV $197M	$32.8M	0.89%	3,922,889 +161,761	+4%	+$1.35M
25	TYG 25 Tortoise Energy Infrastructure Corp TYG $466M	$31.7M	0.86%	737,461 -311,418	-30%	-$13.4M