BRW

Saba Capital Income & Opportunities Fund
BRW

$7.22

0.28%

Market Cap: 307M

About: Saba Capital Income & Opportunities Fund t is a diversified, closed-end management investment company. It seeks to provide investors with a high level of current income, with a secondary goal of capital appreciation. It invests globally in debt and equity securities of public and private companies, which includes, investing in closed-end funds, public and private debt instruments, and other securities.

0

Funds holding %

of 6,702 funds

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Analysts bullish %

0

News positive %

of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 16

4.95% less ownership

Funds ownership: 36.55% [Q4 2023] → 31.6% (-4.95%) [Q1 2024]

8% less funds holding

Funds holding: 75 [Q4 2023] → 69 (-6) [Q1 2024]

18% less capital invested

Capital invested by funds: $120M [Q4 2023] → $98.5M (-$21.4M) [Q1 2024]

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

67% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 1 (-2) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for BRW.

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Financial journalist opinion

Based on 5 articles about BRW published over the past 30 days

8-15% Yield Options In The Saba Fund Suite

We take a look at the trio of Saba's public investment funds. CEFS is a pure-play fund of CEFs, while the CEFs BRW and SABA have allocations to a diverse array of securities, including reinsurance, loans, stocks, SPACs, crypto, etc. SABA will likely transition over time to be similar to BRW - it remains our favored option between the two funds.

8-15% Yield Options In The Saba Fund Suite

BRW: Severe Losses Might Be Due To Cat Bonds And Failure To Cover Distributions

Saba Capital Income & Opportunities Fund offers a high current income with a 14.51% yield, outperforming peers. The BRW closed-end fund's poor recent performance appears to have been caused by exposure to catastrophe bonds, leading to a net asset value decrease. The Fund failed to cover distributions in recent periods, indicating a potential need for distribution reduction to avoid running out of money.

BRW: Severe Losses Might Be Due To Cat Bonds And Failure To Cover Distributions

BRW Announces $0.085 Dividend

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on June 28, 2024, payable on July 31, 2024 to shareholders of record as of July 9, 2024. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby the Fund w.

BRW Announces $0.085 Dividend

CEF Weekly Review: Saba And Invesco Call Truce (For Now)

We review CEF market valuation and performance through the third week of June and highlight recent market action. CEFs were mixed with widening discounts, but most sectors are up month-to-date, led by munis due to lower Treasury yields. Saba and Invesco reached a standstill agreement for two state Muni CEFs, with a tender offer for 25% of shares at 99% of NAV.

CEF Weekly Review: Saba And Invesco Call Truce (For Now)

BRW Announces Notification of Sources of Distributions

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the In.

BRW Announces Notification of Sources of Distributions

BRW Announces $0.085 Dividend

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on May 31, 2024, payable on June 28, 2024 to shareholders of record as of June 11, 2024. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby the Fund w.

BRW Announces $0.085 Dividend

BRW Announces Notification of Sources of Distributions

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the In.

BRW Announces Notification of Sources of Distributions

BRW Announces $0.085 Dividend

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on April 30, 2024, payable on May 31, 2024 to shareholders of record as of May 9, 2024. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby the Fund wi.

BRW Announces $0.085 Dividend

BRW Announces Notification of Sources of Distributions

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the In.

BRW Announces Notification of Sources of Distributions

Is It Time To Swap BRW For SABA?

Saba Capital Management is an investment advisory firm focused on credit and equity relative value strategies.

Is It Time To Swap BRW For SABA?

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