Exhibit (l)(2)
CONSENT OF COUNSEL
We hereby consent to the use of our name and to the references to our Firm under the caption “Independent Registered Public Accounting Firm; Legal Counsel” in the Prospectus and Statement of Additional Information included in Post-Effective Amendment No. 1 to the Registration Statement on Form N-2 under the Securities Act of 1933, as amended (the “1933 Act”), of Callodine Specialty Income Fund (File Nos. 333-280841; 811-23984). In giving such consent, however, we do not admit that we are within the category of persons whose consent is required under Section 7 of the 1933 Act or the rules and regulations of the U.S. Securities and Exchange Commission thereunder.
| /s/ Faegre Drinker Biddle & Reath LLP | |
| Faegre Drinker Biddle & Reath LLP |
Philadelphia, Pennsylvania
April 30, 2026