Saba Capital Income & Opportunities Fund (BRW) Research

The Saba Capital Income & Opportunities Fund functions as a U.S.-domiciled, closed-end mutual fund, concentrating its investments in the fixed-income sector. Established on December 2, 1987, and initially launched by Voya Investment Management LLC, the fund is currently overseen by Saba Capital Management, L.P. It strategically allocates capital within the United States' fixed income markets, targeting securities from a wide array of companies spanning diverse industries. A significant portion of its portfolio is dedicated to floating-rate secured senior loans, with a particular focus on high-quality, non-investment grade senior debt. These loans typically feature maturities ranging from one to ten years. The fund measures its performance against the S&P/LSTA Leveraged Loan Index and was previously known as the Voya Prime Rate Trust.

Market snapshot

Symbol
BRW
Price
$6.50
Day change
-0.76%
Market cap
$276.4M
P/E ratio
12.10x
52-week range
6.38-8.49
Sector
Financial Services
Industry
Asset Management - Income

Recent news

  • 2 CEFs To Watch As A Rare Activist Battle Plays Out

    Boaz Weinstein is a name many CEF investors know. He's an activist investor who's targeted CEFs in the past, particularly those he sees as underperforming.

Peer companies

  • Virtus Diversified Income & Convertible Fund (ACV)
  • AllianceBernstein National Municipal Income Fund, Inc. (AFB)
  • Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
  • Nuveen Global High Income Fund (JGH)
  • MFS Income Fund - Class A (MFIOX)
  • PIMCO Income Strategy Fund (PFL)
  • PIMCO Strategic Income Fund, Inc. (RCS)
  • Cohen & Steers Total Return Realty Fund, Inc. (RFI)

Recent insider activity

  • Kazarian Paul Charles — trade (0 shares) on 2024-11-15
  • Weinstein Boaz — S-Sale (3156 shares) on 2024-07-01
  • Nakum Anatoly — trade (0 shares) on 2024-04-25
  • Saba Capital Management, L.P. — S-Sale (165005 shares) on 2022-11-14
  • Saba Capital Management, L.P. — S-Sale (27724 shares) on 2022-11-15

Open Saba Capital Income & Opportunities Fund (BRW) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.