BRW: Very Disappointing Performance After The Rights Offering, Merger On The Table

Saba Capital Income & Opportunities Fund now trades at a -13% discount to NAV, its widest since Saba took over in 2021. BRW's post-rights-offering performance has been sharply negative, with a -15% drawdown despite benign market conditions. Key portfolio drags include a large position in Ethereum Classic (down -54%) and Bumble (down -55%) since October 2025.

Seeking Alpha • Feb 4, 2026

Saba Capital Income & Opportunities Fund (BRW) and Saba Capital Income & Opportunities Fund II (SABA) Announce Proposed Merger

NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of Saba Capital Income & Opportunities Fund (NYSE: BRW) and Saba Capital Income & Opportunities Fund II (NYSE: SABA) have approved, in principle, a proposal to merge the funds. The proposed merger, if approved by shareholders, would combine SABA into BRW. The merger is intended to create a larger fund with greater investment scale and potentially increased trading volume on the exchange for common shares. The proposed merger is subject t.

Business Wire • Feb 3, 2026

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, declared a monthly dividend of $0.085 per share on January 30, 2026, payable on February 27, 2026 to shareholders of record as of February 10, 2026. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereb.

Business Wire • Feb 2, 2026

BRW Announces Notification of Sources of Distributions

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.

Business Wire • Jan 30, 2026

BRW: Broad Diversification Challenged By Performance

Saba Capital Income & Opportunities Fund (BRW) offers a 14.43% yield, trading at a 9.94% discount to NAV. BRW employs a diversified, multi-asset strategy across debt, equities, derivatives, and private funds, with 14.35% leverage. Performance has lagged peers, impacted by large positions in underperforming holdings like ETCG and BMBL.

Seeking Alpha • Dec 15, 2025

CEF Weekly Review: Rights Offerings Are Running Into Price Volatility

We review the CEF market valuation and performance through the fourth week of October and highlight recent market action. All CEF sectors posted gains for the week, but sector discounts remain wider than last month, reflecting recent market volatility. Recent rights offerings, such as those by UTF and BRW, offered limited arbitrage opportunities due to thin margins of safety and tepid investor uptake.

Seeking Alpha • Nov 2, 2025

Saba Capital Income & Opportunities Fund (BRW) Announces Final Results of Rights Offering

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, today announced the final results of its transferable rights offer (the “Offer”) which expired on October 28, 2025 (the “Expiration Date”). The Fund will issue a total of 10,837,601 common shares of beneficial interest, without par value (each, a “Common Share”), as a result of the Offer. The final subscrip.

Business Wire • Oct 31, 2025

Saba Capital Income & Opportunities Fund (BRW) Announces Preliminary Results of Rights Offering

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, today announced the preliminary results of its successful transferable rights offer (the “Offer”) which expired on October 28, 2025 (the “Expiration Date”). The subscription price for the Fund's common shares of beneficial interest, without par value (the “Common Shares”), to be issued was $7.26 per Common.

Business Wire • Oct 29, 2025

BRW: Rights Offering From This Saba CEF

Saba Capital Income & Opportunities Fund is a multi-asset closed-end fund managed by Saba since 2021, delivering a strong historic performance and downside protection. BRW's portfolio features diverse holdings, including alternative assets and crypto exposure, with Saba actively allocating to maximize total return. The fund has outperformed peers in down markets and recent returns, with a disciplined approach to risk and volatility.

Seeking Alpha • Sep 30, 2025

Saba Capital Income & Opportunities Fund (BRW) Announces Rights Offering

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, today announced that its Board of Trustees (the “Board”) has approved the terms of the issuance of transferable rights (“Rights”) to the holders of the Fund's common shares of beneficial interest (“Common Shares”) as of October 6, 2025 (the “Record Date”). Holders of Rights will be entitled to subscribe for.

Business Wire • Sep 24, 2025