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Saba Capital Income & Opportunities Fund (BRW)

Taxable Bond Funds - Multisector Bond Funds

Data as of May 20, 2024
Market Price $7.28 (+ $0.04)
NAV (May 20, 2024) $7.97 (+ $0.07)
Fund Listed NYSE
Premium / Discount -8.66% (-0.30%)
Fund Info
Inception May 12, 1988
Sponsor Saba Capital Management
Website https://www.sabacef.co...
Phone 212-542-4644
Location Arizona
Incorporated Massachusetts
Staggered Board No
Term Date N/A
Objective: High level of current income and capital appreciation by investing in High Yield credit on a non-diversified basis. The Fund will also opportunistically target other investments.
Related Indexes
High Income Index
Multisector Bond Fund Index
Discount CEF/BDC Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 42,529,493
Total Assets (Reported: Oct. 31, 2023) $649M
Estimated Total Assets $429M
Net Assets $339M
Market Cap $310M
Portfolio Turnover 76.16%
Total Leverage 20.98%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 4.61%
Non Lev Exp Ratio 1.58%
Rel Lev Cost 7.86%
Discount Data
Average Discount (3 Yr) -7.97%
Discount Low(3 Yr) -12.72%
Discount High(3 Yr) -3.55%
Discount Rel Range (3 Yr) 44.29%
Comp Discount -5.41
Discount St Dev (1Yr) 1.24
Z-Stat (6mo) -0.19
Z-Stat (1Yr) 0.03
Z-Stat (3Yr) -0.39
Comp Z-Stat (6mo) -0.72
Comp Z-Stat (3Yr) -0.34
Distribution Data
Market Yield 14.01%
Income Yield 0.15%
Lev Adj NAV Yield 10.58%
Distribution Frequency M
Current Distribution $0.085
Current Income $0.001
Ex-Date 5/8/24
Payable Date 5/31/24
Div Growth (3yr) 507.14%
Dividend Change -1.2% on 6/30/23
Expected Div 6/3/24
RoC (1yr) 79.47%
RoC (3yr) 76.98%
Tax Dividend Data 2022 2020 - 2022
Income 29.0% 53.1%
ST Gains 0% 0%
QDI 0.2% 0.1%
LT Gains 0% 0%
RoC 71.0% 46.9%
Volume & Liquidity
Average Daily $ (K) $1,110
Avg Volume 30 day 112,499
Avg Volume 90 day 152,533
Volume Trend -26.25%
Comp Volume Trend -13.14%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Multisector Bond Fund Index
Most Correlated Peer (Mk Pr): PAXS 53.0%
NAV - Price Correlation (30 d) 43.2%
NAV - Price Correlation (90 d) 62.5%
NAV - Price Correlation (1 Yr) 91.7%
Price St Dev (1Yr) 11.3%
NAV St Dev (1Yr) 10.1%
Earnings / Share (10/31/23) $0.020
Earn Coverage 22.94%
Earnings Trend Up
UNII / Share (10/31/23) $-0.030
Rel UNII -270.83
UNII Trend Down
Bond Specific Data
Credit Rating (rbo) B
Investment Grade 4.30%
Non Investment Grade 95.37%
Unrated Bonds 0.33%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Multisector Bond Fund Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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