TR-1: Standard form for notification of major holdings
ISIN
Issuer Name
UK or Non-UK Issuer
| 2. Reason for Notification |
| An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments |
| 3. Details of person subject to the notification obligation |
Name
| Saba Capital Management, L.P. |
City of registered office (if applicable)
Country of registered office (if applicable)
| 4. Details of the shareholder |
| Name | City of registered office | Country of registered office |
| Saba Capital Bluebird Fund, Ltd. |
| Cayman Islands |
| Saba Capital Income & Opportunities Fund |
| United States |
| Saba Capital CEF Opportunities 1, Ltd. |
| Cayman Islands |
| Saba Capital CEF Opportunities 2, Ltd. |
| Cayman Islands |
| Saba Capital Income & Opportunities Fund II |
| United States |
| Saba K Fund, LP |
| United States |
| Saba Capital Pine Creek Fund, LP |
| United States |
| Stone Ridge Archimedes Sub-Master (Red) LP |
| United States |
| Saba Capital Investment Trusts UCITS ETF |
| Ireland |
| I-94 Partners Fund LP |
| United States |
| Saba Capital Master Fund, Ltd. |
| Cayman Islands |
| 5. Date on which the threshold was crossed or reached |
| 6. Date on which Issuer notified |
| 7. Total positions of person(s) subject to the notification obligation |
| . | % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| Resulting situation on the date on which threshold was crossed or reached | 0.752892 | 15.916927 | 16.669819 | 29066607 |
| Position of previous notification (if applicable) | 0.253579 | 15.915900 | 16.169479 |
|
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached |
| 8A. Voting rights attached to shares |
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB00BY7QYJ50 | 1312792 | 0 | 0.752892 | 0.000000 |
| Sub Total 8.A | 1312792 | 0.752892% |
| 8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)) |
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
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|
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| Sub Total 8.B1 |
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| 8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b)) |
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
| Total Return Swap | 12/15/2026 |
| Cash | 27753815 | 15.916927 |
| Sub Total 8.B2 |
| 27753815 | 15.916927% |
| 9. Information in relation to the person subject to the notification obligation |
| 2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary) |
| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
| Boaz Weinstein | Saba Capital Management GP, LLC |
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|
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| Saba Capital Management GP, LLC | Saba Capital Management, L.P. |
|
| 16.669819% |
| 10. In case of proxy voting |
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
If date does not apply, explain below
| 11. Additional Information |
