DAVID W.C. PUTNAM - Corporate Board Profile

Saba Capital Income & Opportunities Fund

Filing Date	Source Excerpt
2001-06-01	David W.C. Putnam President and Director of F.L. Putnam Securities Company, Inc. and its affiliates (since 1978). Mr. Putnam is Director of Anchor Investment Trust, the Principled Equity Market Trust and Progressive Capital Accumulation Trust. Mr. Putnam was formerly Director of Trust Realty Corp. and Bow Ridge Mining Co. Mr. Putnam is also a Director or Trustee of each of the funds managed by ING Pilgrim Investments. The Board of Trustees has a Valuation Committee whose function is to review the determination of the value of securities held by the Trust for which market quotations are not available. The Committee currently consists of three independent Trustees: Walter H. May, Jock Patton and David W.C. Putnam.
2002-07-03	DAVID W.C. PUTNAM Trustee 10-29-99 President and 102 Mr. Putnam is a Trustee of Age: 62 -Present Director of F.L. The GCG Trust (February Putnam Securities 2002-Present) and Director Company, Inc. and its of F.L. Putnam Securities affiliates. Mr. Company, Inc. (June Putnam is also 1978-Present); F.L. Putnam President, Secretary Investment Management and Trustee of The Company (December Principled Equity 2001-Present); Asian Market Fund. Mr. American Bank and Trust Putnam was formerly a Company (June 1992- Director/Trustee of Present); and Notre Dame Trust Realty Corp.; Health Care Center Anchor Investment (1991-Present). He is also Mining Company and Trustee of The Principled each of the funds Equity Market managed by Northstar Fund (November Investment Management 1996-Present); Progressive Corporation Capital Accumulation (1994-1999). Trust (August 1998-Present); Anchor International Bond Trust (December 2000-Present); F.L. Putnam Foundation (December 2000-Present); Mercy Endowment Foundation (1995-Present); and an Honorary Trustee of Mercy Hospital (1973-Present).
2003-07-10	DAVID W.C. PUTNAM Trustee October 1999 - Present President and Director, F.L. Putnam Securities Company, Inc. and its affiliates; President, Secretary and Trustee, The Principled Equity Market Fund (1999 - Present); Trustee, Trust Realty Corp.; Anchor Investment Trust; Bow Ridge Mining Company and each of the funds managed by Northstar Investment Management Corporation (1994 - 1999). The Audit Committee currently consists of four Independent Trustees: Messrs. Earley, Putnam, Rieke, and Vincent. Mr. Earley serves as Chairman of the Committee. The Investment Review Committee currently consists of five Independent Trustees and one Trustee who is an "interested person," as defined in the 1940 Act: Messrs. Doherty, May, McInerney, Patton, and Wedemeyer and Dr. Gitenstein. Mr. Wedemeyer serves as Chairman of the Committee. Each Independent Trustee receives a fee, allocated among the ING Funds for which he or she serves as a Director/Trustee, which consists of an annual retainer component and a per meeting fee component. The following table has been provided to the Trust by ING Investments and sets forth information regarding the compensation paid to the Trustees for the Trust's fiscal year ended February 28, 2003 for service on the Boards of the ING Funds complex. David W.C. Putnam $4,961
2004-04-23	DAVID W.C. PUTNAM Trustee October President and Director, F.L. Putnam Securities Company, Inc. and its affiliates (1978 - Present); President, Secretary and Trustee, The Principled Equity Market Fund (1999 - Present).
2005-05-17	DAVID W.C. PUTNAM Trustee October 1999 - Present Age: 65 President and Director, F.L. Putnam Securities Company, Inc. and its affiliates (June 1978 - Present). The Committee currently consists of four Trustees: Messrs. Earley, Kenny, Putnam, and Vincent, all of whom are considered independent under the rules promulgated by the New York Stock Exchange and, in addition, are not "interested persons" of the Trust as defined in Section 2(a)(19) of the 1940 Act. Mr. Earley serves as Chairperson of the Committee. The Trust currently pays each Independent Trustee a pro rata share, as described below, of: (i) an annual retainer of $45,000 (Mr. Patton, as Chairperson, receives an annual retainer of $75,000); ... The following table has been provided to the Trust by the Adviser and its affiliates and sets forth information regarding the compensation paid to the Trustees for the Trust's fiscal year ended February 28, 2005 for service on the Boards of the ING Funds complex. David W.C. Putnam $4,696 N/A N/A $85,000
2006-05-11	DAVID W.C. PUTNAM Trustee November 1999 - Present Age: 66 President and Director, F.L. Putnam Securities Company, Inc. (June 1978 - Present).
2007-04-23	David W.C. Putnam Age: 67 Trustee November 1999 6 Present Chair, board of Directors and President, F.L. Putnam Securities Company, Inc. (June 1978 6 Present). 174 portfolios overseen. Principled Equity Market Trust (December 1996 6 Present); and Asian American Bank and Trust Company (June 1993 6 Present). Compensation: $140,000.