13D Filing: Saba Capital and Deutsche High Income Opportunities Fund Inc. (DHG)

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934 (Amendment No. 5)

Deutsche High Income Opportunities Fund,
Inc.
(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

25158Y102
(CUSIP Number)

Saba Capital Management, L. P.
405 Lexington Ave

58^th Floor
New York, NY, 10174

Attention: Michael D’Angelo
212-542-4635

(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)

May 11, 2017
(Date of Event which
Requires Filing of this Statement)

If the filing person has previously filed a statement on
Schedule 13G to report the acquisition that is the subject of this Schedule 13D,
and is filing this schedule because of 240.13d -1(e), 240.13d -1(f) or 240.13d
-1(g), check the following box [X].

*The remainder of this cover page shall be filled out for a
reporting persons initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page
shall not be deemed to be filed for the purpose of Section 18 of the
Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities
of that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).