Saba Capital Income & Opportunities Fund (BRW)
| Market Value | 328.75M |
| Revenue (ttm) | 37.72M |
| Net Income (ttm) | 14.34M |
| Shares Out | 42.53M |
| EPS (ttm) | 0.34 |
| PE Ratio | 22.92 |
| Forward PE | n/a |
| Dividend | $1.02 (13.20%) |
| Ex-Dividend Date | Dec 10, 2024 |
| Volume | 149,478 |
| Open | 7.61 |
| Previous Close | 7.73 |
| Day's Range | 7.54 - 7.77 |
| 52-Week Range | 6.86 - 8.04 |
| Beta | 0.62 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About BRW
Saba Capital Income & Opportunities Fund is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is managed by Saba Capital Management, L.P. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in floating rate secured senior loans, with an emphasis on top-tier, non-investment grade senior loans. The fund seeks to invest in loans with maturities of one to ten years. It benchmarks the perf... [Read more]
News
BRW: Strong Recent Performance Has Improved This Fund
The Saba Capital Income & Opportunities Fund offers a unique income strategy by investing in alternative assets and privately held investment companies, providing high diversification and a 12.90% yie...
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 mo...
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 ...
BRW Looks Attractive At ~8% Discount To NAV
Saba Capital Income & Opportunities Fund aims to generate income and total returns by investing through various credit-based hedge fund strategies. BRW's manager also runs activist campaigns to reduce...
CEF Weekly Review: Managers Kick It Up A Notch In Fight With Saba
We review the CEF market valuation and performance through the first week of August and highlight recent market action. CEF performance diverged this week as higher-quality / longer duration sectors l...
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, lo...
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 exposur...
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...
Is It Time To Swap BRW For SABA?
Saba Capital Management is an investment advisory firm focused on credit and equity relative value strategies.
BRW: I Like This Fund, But Not The NAV Destruction
Saba Capital Income & Opportunities Fund has a high distribution yield of 13.60% and pays out special distributions to shareholders. The fund has a reputation for activist investing and has attempted ...
5 Closed-End Fund Buys In The Month Of December 2023 (Plus 1 Sell)
Equity and fixed-income markets had another strong month in December, driven by continuing retreating risk-free Treasury rates. We even saw an improvement in the breadth of the overall market, with br...
BRW Announces $0.085 Dividend and $0.114 Special Dividend
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a closed-end management investment company listed on the New York Stock Exchange, declared (a) a monthly d...
BRW: Accessing Saba Capital's CEF At A Ripe Time For Shareholder Activism
Saba Capital Income & Opportunities Fund is a closed-end fund that invests in global opportunities across various asset classes. BRW uses both public and private instruments, including CEFs and SPACs,...
The Month In Closed-End Funds: October 2023
For the third straight month, both equity (-2.52% on a NAV basis) and fixed income (-1.62%) CEFs on average suffered downside performance. At month end, 6% of all CEFs traded at a premium to their NAV...
BRW: Get Access To Hedge Funds And A Massive Yield
Saba Capital Income & Opportunities Fund employs an unusual strategy to provide a high level of income to investors, with a current yield of 13.28%. The fund has outperformed the S&P 500 Index on a to...
SPE And BRW: Investing With The Activists
Closed-end funds offer opportunities for investors to exploit discounts and premiums, with Bulldog Investors and Saba Capital Management being major activists in this space. Both Bulldog and Saba offe...
BRW: Unique Assets, Variable Distribution, And Selling At A Discount
Investors today are desperate for additional sources of income to maintain their lifestyles in the current inflationary environment. Saba Capital Income & Opportunities Fund invests in a unique portfo...
BRW Announces $0.086 Dividend
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a closed-end management investment company listed on the New York Stock Exchange, declared a monthly divid...
BRW Announces $0.088 Dividend
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a closed-end management investment company listed on the New York Stock Exchange, declared a monthly divid...
BRW: Unique CEF With Some Good Qualities, But Distribution Looks Unsustainable
BRW: Unique CEF With Some Good Qualities, But Distribution Looks Unsustainable.
BRW Announces $0.087 Dividend
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a closed-end management investment company listed on the New York Stock Exchange, declared a monthly divid...
BRW Announces $0.089 Dividend
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a closed-end management investment company listed on the New York Stock Exchange, declared a monthly divid...
BRW: Top Performing Credit Hedge Fund In A CEF Structure
BRW is managed by Saba Capital Management, one of the best credit managers in the world. The fund was able to navigate a tough 2022 with a 0.3% total return, vastly outperforming peers.
BRW: Attractively Discounted, High Managed Distribution Yield
Since our previous update, the portfolio has shown a slight decline in SPAC exposure, which I see as positive. The fund has a managed distribution plan based on 12% and is adjusted monthly.
99 Monthly Paying Dividend Stocks And 80 Funds For November
Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These No...