Saba Capital Management, L.P. Buys Blackrock Debt Strategies Fund Inc, Templeton Emerging Markets Income Fund, Alpine Total Dynamic Dividend Fund, Sells First Trust High Income Long/Short Fund, Clough Global Opportunities Fund, Wells Fargo Multi-Sector In

• New Purchases: DSU, DHG, HIO, ORCL, VLT, EAD, GOOG, CSCO, NFJ, IBM,
• Added Positions: TEI, AOD, CYH, HYT, DEX, EHI, THC, AVP, PKD, SHLD,
• Reduced Positions: GLO, ERC, AVK, GLQ, VRX, AGC, GLV, GAM, LCM, HTZ,
• Sold Out: FSD, ESD, RVT, FTF, MBI, RA, BOE, PES, EEA, NRO,

For the details of Saba Capital Management, L.P.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Saba+Capital+Management%2C+L.P.

1. Blackrock Debt Strategies Fund Inc (DSU) - 8,118,988 shares, 7.82% of the total portfolio. New Position
2. Cisco Systems Inc (CSCO) - 2,328,700 shares, 7.35% of the total portfolio.
3. Alpine Total Dynamic Dividend Fund (AOD) - 9,110,636 shares, 7.11% of the total portfolio. Shares added by 43.90%
4. Templeton Emerging Markets Income Fund (TEI) - 4,788,902 shares, 4.41% of the total portfolio. Shares added by 1147.86%
5. Valeant Pharmaceuticals International Inc (VRX) - 2,570,500 shares, 4.4% of the total portfolio.

Saba Capital Management, L.P. initiated holding in Blackrock Debt Strategies Fund Inc. The purchase prices were between $11.35 and $11.84, with an estimated average price of $11.68. The stock is now traded at around $11.61. The impact to a portfolio due to this purchase was 7.82%. The holding were 8,118,988 shares as of 2017-12-31.

Saba Capital Management, L.P. initiated holding in Deutsche High Income Opportunities Fund Inc. The purchase prices were between $14.8 and $15.18, with an estimated average price of $15.03. The stock is now traded at around $14.97. The impact to a portfolio due to this purchase was 1.4%. The holding were 1,134,535 shares as of 2017-12-31.

Saba Capital Management, L.P. initiated holding in Western Asset High Income Oppor Fd Inc. The purchase prices were between $4.92 and $5.18, with an estimated average price of $5.05. The stock is now traded at around $4.89. The impact to a portfolio due to this purchase was 1.34%. The holding were 3,200,147 shares as of 2017-12-31.

Saba Capital Management, L.P. initiated holding in Oracle Corp. The purchase prices were between $47.28 and $50.9, with an estimated average price of $49.05. The stock is now traded at around $52.62. The impact to a portfolio due to this purchase was 1.29%. The holding were 331,053 shares as of 2017-12-31.

Saba Capital Management, L.P. initiated holding in Invesco High Income Trust II. The purchase prices were between $14.4 and $15.2, with an estimated average price of $14.79. The stock is now traded at around $13.93. The impact to a portfolio due to this purchase was 0.98%. The holding were 807,355 shares as of 2017-12-31.

Saba Capital Management, L.P. initiated holding in Wells Fargo Income Opportunities Fund. The purchase prices were between $8.29 and $8.72, with an estimated average price of $8.5. The stock is now traded at around $8.10. The impact to a portfolio due to this purchase was 0.94%. The holding were 1,356,395 shares as of 2017-12-31.

Saba Capital Management, L.P. added to a holding in Templeton Emerging Markets Income Fund by 1147.86%. The purchase prices were between $11.17 and $11.68, with an estimated average price of $11.51. The stock is now traded at around $11.66. The impact to a portfolio due to this purchase was 4.06%. The holding were 4,788,902 shares as of 2017-12-31.

Saba Capital Management, L.P. added to a holding in Alpine Total Dynamic Dividend Fund by 43.90%. The purchase prices were between $8.87 and $9.47, with an estimated average price of $9.12. The stock is now traded at around $9.45. The impact to a portfolio due to this purchase was 2.17%. The holding were 9,110,636 shares as of 2017-12-31.

Saba Capital Management, L.P. added to a holding in Community Health Systems Inc by 92.27%. The purchase prices were between $3.99 and $7.83, with an estimated average price of $5.03. The stock is now traded at around $4.42. The impact to a portfolio due to this purchase was 1.15%. The holding were 6,828,207 shares as of 2017-12-31.

Saba Capital Management, L.P. added to a holding in Blackrock Corp High Yield Fund VI Inc by 648.77%. The purchase prices were between $10.75 and $11.47, with an estimated average price of $11.12. The stock is now traded at around $10.57. The impact to a portfolio due to this purchase was 0.98%. The holding were 1,256,059 shares as of 2017-12-31.

Saba Capital Management, L.P. added to a holding in Delaware Enhanced Global Dividend & Income Fund by 75.66%. The purchase prices were between $11.45 and $12.19, with an estimated average price of $11.86. The stock is now traded at around $12.13. The impact to a portfolio due to this purchase was 0.79%. The holding were 1,839,728 shares as of 2017-12-31.

Saba Capital Management, L.P. added to a holding in Western Asset Global High Inc Fd Inc by 215.88%. The purchase prices were between $9.86 and $10.39, with an estimated average price of $10.12. The stock is now traded at around $9.57. The impact to a portfolio due to this purchase was 0.58%. The holding were 1,004,529 shares as of 2017-12-31.

Saba Capital Management, L.P. sold out a holding in First Trust High Income Long/Short Fund. The sale prices were between $16.07 and $17.13, with an estimated average price of $16.62.

Saba Capital Management, L.P. sold out a holding in . The sale prices were between $15.17 and $15.74, with an estimated average price of $15.48.

Saba Capital Management, L.P. sold out a holding in Royce Value Trust Inc. The sale prices were between $15.24 and $16.17, with an estimated average price of $15.87.

Saba Capital Management, L.P. sold out a holding in Franklin Templeton Ltd Duration Inc Tr. The sale prices were between $11.52 and $12.13, with an estimated average price of $11.84.

Saba Capital Management, L.P. sold out a holding in MBIA Inc. The sale prices were between $6.22 and $9.28, with an estimated average price of $7.77.

Saba Capital Management, L.P. sold out a holding in Brookfield Real Assets Income Fund Inc.. The sale prices were between $23.14 and $24.36, with an estimated average price of $23.65.

Saba Capital Management, L.P. reduced to a holding in Clough Global Opportunities Fund by 91.36%. The sale prices were between $10.67 and $11.65, with an estimated average price of $11.13. The stock is now traded at around $11.25. The impact to a portfolio due to this sale was -8.86%. Saba Capital Management, L.P. still held 646,490 shares as of 2017-12-31.

Saba Capital Management, L.P. reduced to a holding in Wells Fargo Multi-Sector Income Fund by 78.23%. The sale prices were between $12.68 and $13.4, with an estimated average price of $13.1. The stock is now traded at around $13.02. The impact to a portfolio due to this sale was -4.25%. Saba Capital Management, L.P. still held 724,088 shares as of 2017-12-31.

Saba Capital Management, L.P. reduced to a holding in Advent Claymore Convt Security & Income Fund by 78.83%. The sale prices were between $15.47 and $16.44, with an estimated average price of $15.96. The stock is now traded at around $15.72. The impact to a portfolio due to this sale was -4.09%. Saba Capital Management, L.P. still held 555,844 shares as of 2017-12-31.

Saba Capital Management, L.P. reduced to a holding in Clough Global Equity Fund by 89.9%. The sale prices were between $12.97 and $13.96, with an estimated average price of $13.45. The stock is now traded at around $14.03. The impact to a portfolio due to this sale was -3.56%. Saba Capital Management, L.P. still held 258,662 shares as of 2017-12-31.

Saba Capital Management, L.P. reduced to a holding in Valeant Pharmaceuticals International Inc by 93.54%. The sale prices were between $11.06 and $22.05, with an estimated average price of $15.84. The stock is now traded at around $16.89. The impact to a portfolio due to this sale was -3.21%. Saba Capital Management, L.P. still held 104,759 shares as of 2017-12-31.

Saba Capital Management, L.P. reduced to a holding in Advent Claymore Convertible Securities & Income Fu by 72.51%. The sale prices were between $5.91 and $6.26, with an estimated average price of $6.09. The stock is now traded at around $5.78. The impact to a portfolio due to this sale was -2.87%. Saba Capital Management, L.P. still held 1,427,681 shares as of 2017-12-31.