Saba Capital Management

Saba Capital Management as of Dec. 31, 2014

Portfolio Holdings for Saba Capital Management

Saba Capital Management holds 142 positions in its portfolio as reported in the December 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
BlackRock Corporate High Yield Fund VI (HYT) 6.4 $80M 7.0M 11.40
Transocean (RIG) 5.7 $72M 3.9M 18.33
BlackRock Debt Strategies Fund 4.7 $59M 16M 3.72
Pimco Dynamic Credit Income other 3.7 $47M 2.3M 20.65
BlackRock Credit All Inc Trust IV (BTZ) 3.3 $41M 3.2M 12.92
Morgan Stanley Emerging Markets Domestic (EDD) 2.9 $37M 3.5M 10.56
Mbia (MBI) 2.8 $34M 3.6M 9.54
Blackrock Multi-sector Incom other (BIT) 2.7 $34M 2.0M 16.77
Putnam Premier Income Trust (PPT) 2.5 $31M 5.9M 5.25
Wells Fargo Adv Inc Opport Fund (EAD) 2.4 $30M 3.4M 8.89
Popular (BPOP) 2.4 $30M 886k 34.05
CONSOL Energy 2.3 $29M 844k 33.81
Blackstone Gso Strategic (BGB) 2.3 $28M 1.7M 16.48
Aberdeen Asia-Pacific Income Fund (FAX) 2.2 $28M 5.0M 5.55
J.C. Penney Company 2.1 $26M 4.0M 6.48
Western Asset Hgh Yld Dfnd (HYI) 2.1 $26M 1.6M 15.77
Wells Fargo Adv Multi-Sector Inco Fund (ERC) 1.8 $22M 1.6M 13.63
Western Asset Managed High Incm Fnd 1.8 $22M 4.3M 5.11
Nuveen Mtg opportunity term (JLS) 1.7 $21M 892k 23.15
Wstrn Asst Emrgng Mrkts Incm Fnd 1.4 $18M 1.6M 10.95
Murphy Oil Corporation (MUR) 1.4 $18M 349k 50.52
Global High Income Fund 1.4 $18M 2.0M 8.82
Vanguard Total Bond Market ETF (BND) 1.4 $17M 209k 82.37
Sears Holdings Corporation 1.4 $17M 514k 32.98
Western Asst High Incm Opprtnty Fnd (HIO) 1.3 $17M 3.1M 5.37
MFS Multimarket Income Trust (MMT) 1.3 $16M 2.5M 6.50
MFS Charter Income Trust (MCR) 1.2 $15M 1.7M 9.19
Franklin Templeton (FTF) 1.2 $15M 1.2M 12.19
Western Asset Global Cp Defi (GDO) 1.2 $15M 849k 17.78
Western Asset Emerging Mrkts Dbt Fnd (EMD) 1.2 $15M 922k 15.76
Ipath S&p 500 Vix S/t Fu Etn 1.1 $14M 454k 31.51
Talisman Energy Inc Com Stk 1.0 $13M 1.6M 7.83
Lehman Brothers First Trust IOF (NHS) 1.0 $12M 987k 12.30
Deutsche High Income Tr 0.9 $12M 1.3M 8.74
Blackstone Gso Lng Shrt Cr I (BGX) 0.9 $11M 687k 15.53
John Hancock Patriot Premium Div Fund II (PDT) 0.8 $11M 767k 13.75
Managed High Yield Plus Fund 0.8 $11M 5.8M 1.80
Deutsche High Income Opport 0.8 $10M 733k 14.03
BlackRock Core Bond Trust (BHK) 0.8 $9.9M 751k 13.20
Barrick Gold Corp (GOLD) 0.8 $9.5M 881k 10.75
Mack-Cali Realty (VRE) 0.7 $9.0M 472k 19.06
LEGG MASON BW GLOBAL Income 0.7 $9.0M 541k 16.71
Invesco Van Kampen Dyn Cr Opp Fund 0.7 $8.9M 749k 11.85
Deutsche Multi-mkt Income Tr Shs cef 0.7 $8.9M 1.0M 8.52
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.6 $7.9M 66k 119.42
First Tr High Income L/s (FSD) 0.6 $7.6M 477k 16.00
Putnam Master Int. Income (PIM) 0.6 $7.2M 1.5M 4.81
Brookfield Mortg. Opportunity bond etf 0.6 $7.2M 436k 16.44
Nuveen Qual Preferred Inc. Fund III 0.6 $7.2M 859k 8.33
Apollo Tactical Income Fd In (AIF) 0.5 $6.5M 406k 15.96
Quest Diagnostics Incorporated (DGX) 0.5 $6.4M 95k 67.06
HCP 0.5 $6.1M 139k 44.03
Western Asset Glbl Partners Incm Fnd 0.4 $5.4M 555k 9.80
Western Asset Worldwide Income Fund 0.4 $5.0M 434k 11.41
Putnam High Income Securities Fund 0.4 $4.8M 596k 8.11
Trinseo S A 0.4 $4.6M 263k 17.45
Peabody Energy Corporation 0.4 $4.5M 585k 7.74
AK Steel Holding Corporation 0.3 $4.4M 744k 5.94
KBR (KBR) 0.3 $4.3M 252k 16.95
MFS Intermediate High Income Fund (CIF) 0.3 $4.3M 1.6M 2.65
Spdr S&p 500 Etf (SPY) 0.3 $4.1M 20k 205.50
Roadrunner Transportation Services Hold. 0.3 $4.1M 174k 23.35
UniFirst Corporation (UNF) 0.3 $4.0M 33k 121.45
W.R. Grace & Co. 0.3 $3.8M 40k 95.39
Flextronics International Ltd Com Stk (FLEX) 0.3 $3.6M 311k 11.56
Dynegy Inc New Del *w exp 99/99/999 0.3 $3.5M 869k 4.03
Alcoa 0.3 $3.3M 211k 15.79
Nuveen Multi-Strategy Inc & Growth Fd 2 (JQC) 0.3 $3.4M 385k 8.77
Genworth Financial (GNW) 0.3 $3.2M 379k 8.50
SkyWest (SKYW) 0.2 $3.1M 230k 13.28
Wendy's/arby's Group (WEN) 0.2 $3.1M 346k 9.03
Matrix Service Company (MTRX) 0.2 $3.0M 136k 22.32
Huntington Ingalls Inds (HII) 0.2 $2.9M 26k 112.45
Rock-Tenn Company 0.2 $2.8M 46k 60.99
Strategic Global Income Fund 0.2 $2.8M 329k 8.48
iShares 10+ Year Credit Bond Fund ETF (IGLB) 0.2 $2.7M 45k 61.54
Invesco Van Kampen High Inc Trust II (VLT) 0.2 $2.7M 179k 15.01
Rowan Companies 0.2 $2.7M 114k 23.32
Emcor (EME) 0.2 $2.5M 55k 44.49
Tetra Tech (TTEK) 0.2 $2.5M 93k 26.70
BlackRock Ltd. Duration Income Trust (BLW) 0.2 $2.4M 150k 15.72
Delaware Investments Dividend And Income 0.2 $2.3M 238k 9.85
Masco Corporation (MAS) 0.2 $2.2M 86k 25.19
Werner Enterprises (WERN) 0.2 $2.1M 68k 31.16
Worthington Industries (WOR) 0.2 $2.2M 72k 30.09
Invesco Van Kampen Bond Fund (VBF) 0.2 $2.1M 116k 18.40
Credit Suisse AM Inc Fund (CIK) 0.2 $2.2M 659k 3.29
Avery Dennison Corp 0.2 $2.0M 39k 51.88
Vanguard Mortgage Bkd Sects ETF (VMBS) 0.2 $1.9M 37k 53.01
BlackRock Income Trust 0.1 $1.8M 289k 6.40
Ishares Tr aaa a rated cp (QLTA) 0.1 $1.9M 37k 51.78
Orbitz Worldwide 0.1 $1.7M 205k 8.23
Teck Resources Ltd cl b (TECK) 0.1 $1.8M 129k 13.64
NRG Energy (NRG) 0.1 $1.6M 59k 26.95
PAREXEL International Corporation 0.1 $1.6M 29k 55.56
SPX Corporation 0.1 $1.7M 19k 85.92
AEGEAN MARINE PETROLEUM Networ Com Stk 0.1 $1.6M 114k 14.02
Eaton Vance Short Duration Diversified I (EVG) 0.1 $1.6M 116k 14.15
Arctic Cat 0.1 $1.5M 41k 35.50
FMC Corporation (FMC) 0.1 $1.5M 27k 57.04
Ascena Retail 0.1 $1.5M 122k 12.56
Cit 0.1 $1.4M 29k 47.83
KB Home (KBH) 0.1 $1.4M 82k 16.55
Greif (GEF) 0.1 $1.4M 29k 47.24
SPDR Barclays Cptl Shrt Term Corp Bd ETF (SPSB) 0.1 $1.3M 43k 30.58
Stanley Black & Decker (SWK) 0.1 $1.2M 13k 96.06
Franklin Universal Trust (FT) 0.1 $1.2M 168k 7.10
Pimco Etf Tr 0-5 high yield (HYS) 0.1 $1.3M 13k 100.84
United Technologies Corporation 0.1 $1.1M 9.9k 115.00
McClatchy Company 0.1 $1.2M 354k 3.32
General Motors Company (GM) 0.1 $1.1M 31k 34.92
Nuveen Quality Preferred Income Fund 0.1 $1.0M 129k 8.06
LifePoint Hospitals 0.1 $862k 12k 71.94
M.D.C. Holdings (MDC) 0.1 $915k 35k 26.46
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.1 $838k 7.7k 109.31
First Trust/FIDAC Mortgage Income Fund (FMY) 0.1 $872k 59k 14.86
VIRTUS GLOBAL Multi-sec (VGI) 0.1 $822k 52k 15.84
New America High Income Fund I (HYB) 0.1 $783k 88k 8.94
Western Asset Income Fund (PAI) 0.1 $796k 59k 13.44
Nuveen Mortgage opportunity trm fd2 0.1 $731k 32k 23.17
Claymore Exchange-traded Fd gugg crp bd 2017 0.1 $759k 33k 22.71
Guggenheim Bulletshs Etf equity 0.1 $681k 26k 25.86
Nuveen Diversified Dividend & Income 0.0 $491k 42k 11.77
Morgan Stanley income sec 0.0 $445k 25k 17.91
Nuveen Multi-mkt Inc Income (JMM) 0.0 $555k 72k 7.68
LMP Capital and Income Fund (SCD) 0.0 $324k 19k 16.76
Eaton Vance Limited Duration Income Fund (EVV) 0.0 $428k 30k 14.11
Invesco Van Kampen Senior Income Trust (VVR) 0.0 $357k 78k 4.56
Clough Gbl Opps Fund Sh Ben Int closed-end fund (GLO) 0.0 $348k 27k 12.82
Delaware Enhanced Glbl. Div. & Inc. Fund 0.0 $342k 30k 11.26
Morgan Stanley Emerging Markets Debt (MSD) 0.0 $376k 41k 9.09
John Hancock Income Securities Trust (JHS) 0.0 $371k 26k 14.30
Apollo Sr Floating Rate Fd I (AFT) 0.0 $396k 24k 16.62
Claymore Etf gug blt2016 hy 0.0 $382k 15k 25.90
Avon Products 0.0 $189k 20k 9.40
Vanguard Short-Term Bond ETF (BSV) 0.0 $249k 3.1k 79.96
iShares Barclays Credit Bond Fund (USIG) 0.0 $260k 2.3k 111.97
LMP Corporate Loan Fund 0.0 $178k 16k 11.04
Nexpoint Credit Strategies 0.0 $128k 11k 11.19
Bioamber Inc wrt 0.0 $102k 64k 1.59
Voya Prime Rate Trust sh ben int 0.0 $63k 12k 5.29
Community Health Sys Inc New right 01/27/2016 0.0 $24k 795k 0.03