Saba Capital Income & Opportunities Fund

Saba Capital Income & Opportunities Fund operates as a diversified, closed-end management investment company. It seeks to provide investors with as high a level of current income as is consistent with the preservation of capital. The company was founded on December 2, 1987 and is headquartered in New York, NY.

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 October 31, 2024, payable on November 29, 2024 to shareholders of record as of November 11, 2024. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereb.

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, 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

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 discounts to net asset values of other CEFs. This helps to achieve better returns on closed-end funds but also suggests exemplary ethics in terms of stewardship.

BRW Looks Attractive At ~8% Discount To NAV

Eaton Vance Municipal Bond Fund

BlackRock MuniVest Fund Inc

Nuveen Municipal Credit Income Fund

Saba Capital Income & Opportunities Fund II

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 like Munis outperformed. NYSE proposed rule change could eliminate annual CEF shareholder meetings, potentially impacting shareholder activism and competition in the CEF space.

CEF Weekly Review: Managers Kick It Up A Notch In Fight With Saba

Saba Closed-End Funds ETF

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

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

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)

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

Is It Time To Swap BRW For SABA?

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 to force fund managers to make changes to reduce discounts on NAV. The fund's performance has been flat compared to the S&P 500, but investors have received a 4.94% total return due to high distribution yields.

BRW: I Like This Fund, But Not The NAV Destruction

BlackRock Health Sciences Trust II

Blackrock Floating Rate Income Strategies Fund Inc

abrdn Healthcare Investors 

Nuveen AMT-Free Municipal Value Fund

OFS Credit Company Inc

Invesco S&P 500 Equal Weight ETF

Special Opportunities Fund Inc

SPDR S&P 500 ETF Trust

SPDR S&P Biotech ETF

Health Care Select Sector SPDR Fund

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 broader participation lifting some of the beaten-down sectors for the year. That said, closed-end fund discounts remain historically wide, and that continues to drive opportunity in the CEF wrapper.

5 Closed-End Fund Buys In The Month Of December 2023 (Plus 1 Sell)

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 dividend of $0.085 per share on December 22, 2023, payable on January 31, 2024 to shareholders of record as of December 29, 2023 and (b) a special dividend of $0.114 per share on December 22, 2023, payable on January 19, 2024 to shareholders of record as of December 29, 2023. Special Dividend. T.

BRW Announces $0.085 Dividend and $0.114 Special Dividend

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, and may use derivatives to enhance returns or reduce portfolio risk. BRW offers a high distribution yield of approximately 12% and trades at a discount of around 11%, making it attractive to income-seeking investors.

BRW: Accessing Saba Capital's CEF At A Ripe Time For Shareholder Activism

Central and Eastern Europe Fund

Macquarie/ First Trust Global Infrastructure/ Utilities Dividend & Income Fund

Reaves Utility Income Fund

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, with 8% of equity CEFs and only 5% of fixed income CEFs trading in premium territory. Utility CEFs (-0.52%), for the first month in seven, mitigated losses better than the other classifications in the equity CEF universe for October.

The Month In Closed-End Funds: October 2023

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 total return basis since July, partially due to its high distribution yield and investments that benefit from rising interest rates. The fund's portfolio includes investments in closed-end funds, special-purpose acquisition companies, and public and private debt instruments, offering access to assets typically only available to accredited investors.

BRW: Get Access To Hedge Funds And A Massive Yield

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 offer publicly traded CEFs that can pool some of their targets into these funds, providing discounted exposure to discounted investments. Despite the added expenses of investing through a CEF into another pool of CEFs, both funds offer attractive discounts, with Special Opportunities Fund looking particularly attractive.

SPE And BRW: Investing With The Activists

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 portfolio of CEFs, SPACs, and traditional stocks and bonds to provide a high level of current income. The BRW closed-end fund yields a whopping 13.08% annually, but its distribution varies from month to month.

BRW: Unique Assets, Variable Distribution, And Selling At A Discount

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 dividend of $0.086 per share on May 31, 2023, payable on June 30, 2023 to shareholders of record as of June 9, 2023. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's managed distribution plan, whereby the Fund will make monthly distributions to shareholder.

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 dividend of $0.088 per share on April 28, 2023, payable on May 31, 2023 to shareholders of record as of May 9, 2023. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's managed distribution plan, whereby the Fund will make monthly distributions to shareholder.

BRW Announces $0.088 Dividend

BRW: Unique CEF With Some Good Qualities, But Distribution Looks Unsustainable.

BRW: Unique CEF With Some Good Qualities, But Distribution Looks Unsustainable

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 dividend of $0.087 per share on March 31, 2023, payable on April 28, 2023 to shareholders of record as of April 11, 2023. Managed Distribution Plan.

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 dividend of $0.089 per share on February 28, 2023, payable on March 31, 2023 to shareholders of record as of March 9, 2023. Managed Distribution Plan.

BRW Announces $0.089 Dividend

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: Top Performing Credit Hedge Fund In A CEF Structure

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.

BRW: Attractively Discounted, High Managed Distribution Yield

AGNC Investment

ARMOUR Residential REIT

Bluerock Residential Growth REIT

ETRACS Monthly Pay 1.5X Leveraged Closed End Fund Index ETN

Dynex Capital

Ellington Residential Mortgage REIT

Eagle Point Credit

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

Ellington Financial

EPR Properties

Modiv

Mesa Royalty Trust

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

Orchid Island Capital

Oxford Square Capital

PIMCO Dynamic Income Fund

PennantPark Floating Rate Capital

PermRock Royalty Trust - Unit

San Juan Basin Royalty Trust

SL Green Realty

Solar Capital

Credit Suisse X-Links Silver Shares Covered Call ETN

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN

Simplify Volatility Premium ETF

Western Asset/Claymore Inflation-Linked Securities & Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

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 November U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by yield (99); 2. Stocks by price upside (30); 3. Closed-End Investments, Exchange-Traded Funds & Notes (CEICs/ETFs/ETNs) by yield >9.39% (80).

99 Monthly Paying Dividend Stocks And 80 Funds For November

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 dividend of $0.091 per share on August 31, 2022 payable on September 30, 2022 to shareholders of record as of September 9, 2022. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's managed distribution plan, whereby the Fund will make monthly distributions to

News for Saba Capital Income & Opportunities Fund ETF (BRW)