Saba Capital Income & Opportunities Fund (BRW)
7.18
+0.03
(+0.42%)
USD |
NYSE |
Apr 19, 16:00
7.18
0.00 (0.00%)
After-Hours: 19:43
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 4.61% | -9.95% | 337.68M | 166759.9 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 11.69% | 76.16% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| To seek to provide shareholders with a high level of current income, with a secondary goal of capital appreciation. We aim to achieve this by investing globally in debt and equity securities of public and private companies, which includes investing in registered closed‐end funds and special purpose acquisition companies (“SPAC”) as well as derivatives where we believe the Fund can achieve attractive risk‐adjusted returns as a way to reduce portfolio risk. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL Index TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - General |
| Fund Owner Firm Name | Saba Capital Management, LP |
| Prospectus Benchmark Index | |
| iBoxx USD Liquid High Yield Index | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Boaz Weinstein | 25.27 yrs |
| Paul Kazarian | 2.31 yrs |
| Pierre Weinstein | 2.31 yrs |
Performance Versus Category
As of April 18, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 18, 2024.
Basic Info
| Investment Strategy | |
| To seek to provide shareholders with a high level of current income, with a secondary goal of capital appreciation. We aim to achieve this by investing globally in debt and equity securities of public and private companies, which includes investing in registered closed‐end funds and special purpose acquisition companies (“SPAC”) as well as derivatives where we believe the Fund can achieve attractive risk‐adjusted returns as a way to reduce portfolio risk. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL Index TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - General |
| Fund Owner Firm Name | Saba Capital Management, LP |
| Prospectus Benchmark Index | |
| iBoxx USD Liquid High Yield Index | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Boaz Weinstein | 25.27 yrs |
| Paul Kazarian | 2.31 yrs |
| Pierre Weinstein | 2.31 yrs |