PAUL S. DOHERTY - Corporate Board Profile

Saba Capital Income & Opportunities Fund

Filing Date	Source Excerpt
2001-06-01	Paul S. Doherty President of Doherty, Wallace, Pillsbury and Murphy, P.C., Attorneys. Mr. Doherty was formerly a Director of Tambrands, Inc. (1993 - 1998). Mr. Doherty is also a Director or Trustee of each of the funds managed by ING Pilgrim Investments. The Board of Trustees has an Audit Committee whose function is to meet with the independent auditors of the Trust to review the scope of the Trust's audit, the Trust's financial statements and internal accounting controls, and to meet with Trust management concerning these matters, among other things. This Committee has reviewed and discussed the audited financial statements for the fiscal year ended February 28, 2001 with ING Pilgrim Investments. The Committee has discussed the audit for the fiscal year ended February 28, 2001 and KPMG's independence with KPMG. The Committee has received a letter from KPMG stating that KPMG is an independent auditor with respect to the Trust. Based on the aforementioned review and discussions, the Trust's audited financial statements for the fiscal year ended February 28, 2001 have been included in the Trust's Annual Report to Shareholders. This Committee currently consists of three independent Trustees: Paul S. Doherty, Blaine E. Rieke and Richard A. Wedemeyer. The Board of Trustees has a Nominating Committee for the purpose of considering candidates to fill independent Trustee vacancies on the Board. The Nominating Committee currently consists of three independent Trustees: Paul S. Doherty, Walter H. May and Richard A. Wedemeyer.
2002-07-03	Paul S. Doherty Trustee 10-29-99 - Retired. Mr. Doherty 102 Mr. Doherty is a Trustee of Age: 68 Present was formerly The GCG Trust (February 2002 President and to Present). Partner, Doherty, Wallace, Pillsbury and Murphy, P.C., Attorneys (1996-2001); Director of Tambrands, Inc. (1993-1998); and Trustee of each of the funds managed by Northstar Investment Management Corporation (1993-1999).
2003-07-10	PAUL S. DOHERTY Trustee October 1999 - Present President and Partner, Doherty, Wallace, Pillsbury and Murphy, P.C., Attorneys (1996 - Present); Director, Tambrands, Inc. (1993 - 1998); and Trustee of each of the funds managed by Northstar Investment Management Corporation (1993 - 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 Valuation Committee currently consists of five Independent Trustees: Messrs. May, Doherty, Patton, and Wedemeyer and Dr. Gitenstein. Mr. Patton serves as Chairman of the Committee. The Nominating Committee currently consists of four Independent Trustees: Messrs. Doherty, May and Wedemeyer and Dr. Gitenstein. 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. Paul S. Doherty $5,252
2004-04-23	PAUL S. DOHERTY Trustee October President and Partner, Doherty, Wallace, Pillsbury and Murphy, P.C., Attorneys (1996 - Present); and Trustee of each of the funds managed by Northstar Investment Management Corporation (1993 - 1999).