---
schema_version: "secwatch.filing_event.v1"
accession: "0001398344-26-005637"
form_type: "8-K"
ticker: "BRW"
cik: "0000826020"
company_name: "Saba Capital Income & Opportunities Fund"
filed_at: "2026-03-25T23:59:59+00:00"
generated_at: "2026-05-15T09:08:37.255248+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BRW and SABA terminate previously approved reorganization; repurchase program continues

## Summary
- Reorganization of BRW and SABA terminated due to current market conditions.
- Each fund's board acted on management's recommendation; will reevaluate future alternatives.
- Both funds' share repurchase programs remain in effect.
- No other material changes disclosed in the filing.

## SEC filing metadata
- accession: 0001398344-26-005637
- form_type: 8-K
- ticker: BRW
- cik: 0000826020
- company_name: Saba Capital Income & Opportunities Fund
- filed_at: 2026-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/826020/000139834426005637/0001398344-26-005637-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/826020/000139834426005637/fp0098110-1_8kixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001398344-26-005637
- JSON: https://secwatch.observer/filing/0001398344-26-005637.json
- Plain text: https://secwatch.observer/filing/0001398344-26-005637.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.