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flag Thomas J. Herzfeld Advisors Inc. nearly tripled its stake in SABA while selling off CEFS shares.

flag Thomas J. Herzfeld Advisors Inc. significantly increased its holdings in Saba Capital Income & Opportunities Fund II (SABA) by 152% in the fourth quarter, now owning 1,436,590 shares worth $13,016,000. flag This move makes SABA the fourth-largest holding in Herzfeld Advisors' portfolio. flag Meanwhile, Herzfeld Advisors sold 9.2% of Saba Closed-End Funds ETF (CEFS) shares, down to 16,448 shares, as the fund's net asset value declined by 639.2%.

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