Saba Capital Income & Opportunities FundBRW
Market Cap: $315M
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.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
1% more funds holding
Funds holding: 70 [Q1] → 71 (+1) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
10.62% less ownership
Funds ownership: 34.71% [Q1] → 24.1% (-10.62%) [Q2]
33% less capital invested
Capital invested by funds: $108M [Q1] → $72.2M (-$35.9M) [Q2]
41% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 29
Research analyst outlook
We haven’t received any recent analyst ratings for BRW.
Financial journalist opinion
Based on 3 articles about BRW published over the past 30 days