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
51	JOF 51 Japan Smaller Capitalization Fund JOF $270M	$13.3M	0.36%	1,585,045 +550,850	+53%	+$4.62M
52	DMB 52 BNY Mellon Municipal Bond Infrastructure Fund DMB $186M	$13.1M	0.36%	1,243,391 +18,179	+1%	+$192K
53	ECF 53 Ellsworth Growth & Income Fund ECF $142M	$12.7M	0.34%	1,403,987	–	–
54	54 BlackRock MuniYield New York Quality Fund MYN $358M	$12M	0.32%	1,206,114 -365,741	-23%	-$3.63M
55	GLO 55 Clough Global Opportunities Fund GLO $232M	$11.8M	0.32%	2,403,877 +7,451	+0.3%	+$36.4K
56	GNT 56 GAMCO Natural Resources, Gold & Income Trust GNT $103M	$11M	0.3%	1,806,177 -20,635	-1%	-$126K
57	NML 57 Neuberger Berman Energy Infrastructure and Income Fund NML $493M	$10.5M	0.28%	1,169,100 -167,674	-13%	-$1.51M
58	TBLD 58 Thornburg Income Builder Opportunities Trust TBLD $628M	$9.88M	0.27%	550,494 -155,473	-22%	-$2.79M
59	59 Baidu BIDU $32.1B	$9.85M	0.27%	107,068	–	–
60	PCK 60 Pimco California Municipal Income Fund II PCK $172M	$9.85M	0.27%	1,745,827 +328,371	+23%	+$1.85M
61	61 Star Holdings Shares of Beneficial Interest STHO $103M	$9.68M	0.26%	1,137,060 +114,862	+11%	+$977K
62	EOD 62 Allspring Global Dividend Opportunity Fund EOD $236M	$9.66M	0.26%	1,951,373 +64,405	+3%	+$319K
63	EMO 63 ClearBridge Energy Midstream Opportunity Fund EMO $856M	$9.02M	0.24%	181,841 -18,399	-9%	-$913K
64	RA 64 Brookfield Real Assets Income Fund RA $736M	$8.61M	0.23%	654,324 -344,416	-34%	-$4.53M
65	CXE 65 MFS High Income Municipal Trust CXE $111M	$8.3M	0.22%	2,248,961 +700	+0%	+$2.58K
66	66 Sable Offshore Corp SOC $2.21B	$7.39M	0.2%	291,402	–	–
67	67 Delta Air Lines DAL $36.4B	$7.28M	0.2%	166,878 +138,280	+484%	+$6.03M
68	CPZ 68 Calamos Long/Short Equity & Dynamic Income Trust CPZ $316M	$6.92M	0.19%	444,502 -472,343	-52%	-$7.35M
69	JEQ 69 abrdn Japan Equity Fund JEQ $101M	$6.52M	0.18%	1,002,769 +315,688	+46%	+$2.05M
70	70 Nuveen Core Plus Impact Fund NPCT $316M	$6.49M	0.18%	607,083 -1,854,748	-75%	-$19.8M
71	CEV 71 Eaton Vance California Municipal Income Trust CEV $67.7M	$6.4M	0.17%	638,737	–	–
72	HPP 72 Hudson Pacific Properties HPP $1.05B	$5.72M	0.15%	1,938,168 +147,406	+8%	+$435K
73	IHD 73 Voya Emerging Markets High Income Dividend Equity Fund IHD $104M	$5.5M	0.15%	1,029,859 +114,129	+12%	+$609K
74	74 Snap SNAP $15.8B	$5.26M	0.14%	603,682 +125,592	+26%	+$1.09M
75	75 Lincoln National LNC $5.7B	$4.58M	0.12%	127,625 -125,115	-50%	-$4.49M