Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Saba Capital Income & Opportunities Fund Market Cap
The Saba Capital Income & Opportunities Fund (BRW) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered BRW. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for BRW is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned BRW 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Saba Capital Income & Opportunities Fund to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BRW. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BRW.
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When did it IPO
1994
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Market Cap
$333.4M
In 2023, BRW generated $34.2M in revenue, which was a increase of 660.04% from the previous year. This can be seen as a signal that BRW's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 27 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Saba Capital Income & Opportunities Fund (NYSE: BRW) is notifying stakeholders about distribution sources as required by Section 19(a) of the Investment Company Act of 1940.
Why It Matters - The notice regarding distribution sources can impact shareholder sentiment and fund valuation, influencing investment decisions related to cash flow and potential returns.
Fri, 01 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Saba Capital Income & Opportunities Fund (NYSE: BRW) declared a monthly dividend of $0.085 per share, payable on November 29, 2024, to shareholders recorded by November 11, 2024.
Why It Matters - The declaration of a monthly dividend reflects the fund's commitment to returning capital to investors and may enhance its attractiveness in a competitive income-generating environment.
Fri, 20 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Saba Capital Income & Opportunities Fund focuses on income and total returns via credit-focused hedge fund strategies. The manager engages in activist campaigns to enhance closed-end fund performance.
Why It Matters - The fund's focus on credit-based strategies and activist campaigns may enhance returns and reduce discounts, indicating potential for better income and performance in closed-end funds.
Sun, 11 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - In early August, CEF performance varied, with higher-quality sectors like Munis outperforming. A proposed NYSE rule could remove annual CEF shareholder meetings, affecting shareholder activism.
Why It Matters - The CEF market's divergence in performance signals sector-specific investment opportunities, while proposed rule changes may reduce shareholder influence, affecting market dynamics and competition.
Wed, 17 Jul 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Saba's public investment funds include CEFS (focused on CEFs) and BRW and SABA (diverse securities). SABA may evolve to resemble BRW, which is currently favored.
Why It Matters - Saba's funds offer diverse asset exposure, signaling potential shifts in strategy and performance. Investors may find opportunities or risks based on fund transitions and allocations.
Wed, 03 Jul 2024
Sentiment - NEGATIVE
Source - Seeking Alpha
Summary - Saba Capital Income & Opportunities Fund has a 14.51% yield but recent performance declined due to catastrophe bonds, leading to unmet distributions and potential need for reduction.
Why It Matters - Saba Capital's high yield contrasts with its recent NAV decline due to catastrophe bonds and unmet distributions, signaling potential risks and a need for cautious evaluation by investors.
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