Saba Capital Fund renews 10% share repurchase program for FY2027

What happened: Saba Capital Fund renewed a share repurchase program allowing it to buy back up to 10% of its total outstanding common shares for FY2027. Key numbers: Up to 10% of total outstanding common shares; program covers FY2027. Why it matters: The Fund states the program aims to enhance net asset value per share, reduce the Fund's discount to NAV, and benefit existing shareholders.

Saba Capital Fund renewed a share repurchase program allowing it to buy back up to 10% of its total outstanding common shares for FY2027.

The Fund states the program aims to enhance net asset value per share, reduce the Fund's discount to NAV, and benefit existing shareholders.