Saba Capital Management’s Morgan Stanley Income Sec. Inc ICB Stock Holding History

Saba Capital Management’s Portfolio ICB Stock Details ICB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-11,500	Closed	-$207K	–	156
2015 Q1	$207K	Sell	11,500 -13,344	-54%	-$240K	0.02%	125
2014 Q4	$445K	Sell	24,844 -22,296	-47%	-$395K	0.04%	130
2014 Q3	$839K	Sell	47,140 -70,700	-60%	-$1.26M	0.05%	160
2014 Q2	$2.13M	Sell	117,840 -20,483	-15%	-$365K	0.11%	119
2014 Q1	$2.43M	Buy	138,323 +62,096	+81%	+$1.07M	0.14%	113
2013 Q4	$1.28M	Buy	+76,227	New	+$1.28M	0.07%	141

Other funds holding ICB

KIM

Karpus Investment Management Pittsford, New York $3.21B AUM 6.83% 1-Year Est. Return

1CP

1607 Capital Partners Richmond, Virginia $1.39B AUM 8.35% 1-Year Est. Return

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

RCM

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

SIA

Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return

FIMG

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

AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return

LCM

Landscape Capital Management Englewood, New Jersey $1.58B AUM 26.88% 1-Year Est. Return

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

DSC

Duncker Streett & Co St. Louis, Missouri $526M AUM 22.2% 1-Year Est. Return

Saba Capital Management's ICB Position: Q2 2015 in Review

Saba Capital Management sold out of Morgan Stanley Income Sec. Inc (ICB) in Q2 2015, closing a stake of 11,500 shares — an estimated $207K sold.

Saba Capital Management first reported a position in ICB in Q4 2013 and held it in 6 quarters. The position peaked at $2.43M in Q1 2014. 32 funds tracked by Wall St. Rank hold ICB as of Q2 2015.

Saba Capital Management reported no remaining Morgan Stanley Income Sec. Inc position as of Q2 2015 after selling out during the quarter.
Saba Capital Management sold 11,500 Morgan Stanley Income Sec. Inc shares in Q2 2015, an estimated $207K.
Saba Capital Management first reported a position in Morgan Stanley Income Sec. Inc in Q4 2013 and held it in 6 quarters.
Saba Capital Management's Morgan Stanley Income Sec. Inc position peaked at $2.43M in Q1 2014.
32 funds tracked by Wall St. Rank held Morgan Stanley Income Sec. Inc as of Q2 2015.

Based on Saba Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.