SCM

Saba Capital Management Portfolio holdings

AUM $3.64B

AUM

$3.64B

AUM Growth

-$332M (-8%)

Cap. Flow

-$154M

Cap. Flow % of AUM

-4.24%

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	Nuveen Core Plus Impact Fund NPCT	$19.8M
5	AOD abrdn Total Dynamic Dividend Fund AOD	$19.5M

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
176	176 Spring Valley Acquisition Corp. II Warrant SVIIW	$40.3K	0%	349,998	–	–
177	GSRTR 177 GSR III Acquisition Corp. Right GSRTR	$38.6K	0%	26,255	–	–
178	SBCWW 178 SBC Medical Group Holdings Incorporated Warrants SBCWW	$37.2K	0%	200,000	–	–
179	179 Grab Holdings Limited Warrant GRABW $1.73B	$36.3K	0%	84,913	–	–
180	GPATW 180 GP-Act III Acquisition Corp. Warrants GPATW	$36K	0%	193,229	–	–
181	HVIIR 181 Hennessy Capital Investment Corp. VII Rights HVIIR	$35.7K	0%	175,000	New	+$35.7K
182	DRDBW 182 Roman DBDR Acquisition Corp. II Warrants DRDBW	$32.4K	0%	90,625	New	+$32.4K
183	UHGWW 183 United Homes Group, Inc. Warrant UHGWW $21.1M	$31.7K	0%	55,110	–	–
184	184 Solid Power, Inc. Warrant SLDPW $34.3M	$30.7K	0%	175,286	–	–
185	185 Roadzen, Inc. Warrants RDZNW $3.62M	$29.5K	0%	541,499	–	–
186	186 Vast Renewables Limited Warrants VSTEW $959K	$28.5K	0%	704,071	–	–
187	187 ESS Tech, Inc. Warrant exercisable for one-fifteenth of a share of Common Stock at an exercise price of $172.50 per share GWH.WS $421K	$28.2K	0%	303,596	–	–
188	ABPWW 188 Abpro Holdings, Inc. Warrant ABPWW	$27.7K	0%	997,048	–	–
189	189 flyExclusive, Inc. Redeemable warrants, each whole warrant exercisable for one Class A common stock at an exercise price of $11.50 per share FLYX.WS	$25.5K	0%	230,500	–	–
190	EONR.WS 190 EON Resources Inc. Warrants, each whole warrant exercisable for three quarters of one share of Class A Common Stock at an exercise price of $11.50 per whole share EONR.WS $566K	$23.9K	0%	500,000	–	–
191	SBXD.WS 191 SilverBox Corp IV Redeemable warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 SBXD.WS	$23.7K	0%	67,710 -100	-0.2%	-$35
192	192 Arbe Robotics Warrant ARBEW $22.3M	$23.7K	0%	114,180 -35,000	-23%	-$7.26K
193	DECAW 193 DELISTED Denali Capital Acquisition Corp. Warrant DECAW	$20.5K	0%	410,000	–	–
194	194 Borealis Foods Inc. Warrant BRLSW $2.35M	$19.7K	0%	166,894	–	–
195	CYCUW 195 Cycurion, Inc. Warrant CYCUW	$18.8K	0%	500,000	–	–
196	GBBKW 196 DELISTED Global Blockchain Acquisition Corp. Warrant GBBKW	$18.6K	0%	675,000	–	–
197	BEAGR 197 Bold Eagle Acquisition Corp. Right BEAGR	$18.3K	0%	79,657 -32,302	-29%	-$7.43K
198	198 Holley Inc. Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 HLLY.WS	$18K	0%	298,716	–	–
199	DYNXW 199 Dynamix Corporation Warrant DYNXW	$17.7K	0%	61,725	New	+$17.7K
200	200 Distoken Acquisition Corporation Right DISTR	$17.6K	0%	99,762	–	–