Saba Capital Income & Opportunities Fund Stock Price, News & Analysis

Saba Capital Income & Opportunities Fund (NYSE: BRW) announced its estimated source of the monthly distribution payable on November 28, 2025. The Fund declared a $0.085 per share monthly distribution, funded 100% from net investment income for that payment. Fiscal year-to-date through October 31, 2025, cumulative distributions total $1.020 per share, of which 46.93% was net investment income and 53.07% was estimated return of capital.

Key metrics include a 5-year average annual NAV return of 9.17% and an annualized distribution rate of 12.33% (as of October 31, 2025). The notice clarifies these are estimates and final tax characterizations will be reported on Form 1099-DIV in early 2026.

Saba Capital Income & Opportunities Fund (NYSE: BRW) declared a monthly dividend of $0.085 per share on October 31, 2025, payable November 28, 2025 to holders of record as of November 11, 2025.

The distribution is made under the Fund’s managed distribution plan, which targets a fixed monthly payout of $0.085 and may use net investment income, long-term capital gains, and/or return of capital to meet the payout. The Plan can be amended or terminated by the Board and is not a guarantee of future distributions.

Shareholders will receive a Rule 19a-1 notice detailing the distribution sources and should consult Form 1099-DIV and a tax advisor for reporting and tax treatment.

Saba Capital Income & Opportunities Fund (NYSE: BRW) provided its Section 19(a) estimate of distribution sources for the payment dated October 31, 2025 and fiscal year-to-date through September 30, 2025.

The October 31, 2025 monthly distribution of $0.085 per share is estimated as 18.14% net investment income and 81.86% return of capital. Fiscal year-to-date distributions of $0.935 per share are estimated as 49.55% net investment income and 50.45% return of capital. The Fund reports an annualized distribution rate of 12.10% and a 5-year average annual NAV total return of 9.42% (period ended September 30, 2025).

Saba Capital Income & Opportunities Fund (NYSE: BRW) announced final results of its transferable rights offering that expired on October 28, 2025. The Fund will issue 10,837,601 common shares as a result of the Offer.

The final subscription price was set at $7.25 per share, equal to 87.5% of the Fund's net asset value per share at the close of trading on the Expiration Date. Gross proceeds before expenses are expected to approximate $78.6 million. The announcement notes this is not an offering document and refers investors to the Fund's prospectus supplement and prospectus for additional details.

Saba Capital Income & Opportunities Fund (NYSE: BRW) announced preliminary results of a transferable rights offering that expired on October 28, 2025. The Fund set the subscription price at $7.26 per Common Share, equal to 87.5% of NAV at the close of trading on the NYSE on the Expiration Date. Gross proceeds received by the Fund, before expenses, are expected to total approximately $78.7 million. The press release notes the information is preliminary and subject to change and that the document is not an offer to sell securities; the offering can only be made by a prospectus. Investors are advised to review the Fund’s prospectus supplement and accompanying prospectus for full details.

Saba Capital Income & Opportunities Fund (NYSE: BRW) has declared a monthly dividend of $0.085 per share, payable on October 31, 2025, to shareholders of record as of October 9, 2025. The distribution is part of the Fund's Managed Distribution Plan, which aims to provide shareholders with a constant fixed monthly distribution rate.

The Fund pursues a high level of current income and secondary capital appreciation by investing globally in debt and equity securities, including closed-end funds, SPACs, reinsurance, and various debt instruments. The Plan is designed to narrow the discount between market price and NAV of common shares, though success is not guaranteed.

Saba Capital Income & Opportunities Fund (NYSE: BRW) has announced its monthly distribution details for September 30, 2025. The Fund will distribute $0.085 per share, with 12.61% ($0.01072) coming from net investment income and 87.39% ($0.07428) representing return of capital. For the fiscal year-to-date, the Fund has distributed $0.85 per share, with 53.24% from net investment income and 46.76% from return of capital.

The Fund's performance metrics show a 9.75% average annual total return over the past 5 years, an 11.90% annualized distribution rate, and a 20.11% cumulative total return for the current fiscal period. The Fund maintains a managed distribution plan with fixed monthly payments of $0.085 per share.

Saba Capital Income & Opportunities Fund (NYSE: BRW) announced a rights offering allowing existing shareholders to purchase additional common shares at a discount. The Fund will issue transferable rights to shareholders of record as of October 6, 2025, with a 1-for-3 subscription ratio.

The subscription price will be set at 95% of the average closing price over the final five trading days of the offer, with a minimum price of 87.5% of NAV. Rights will trade on NYSE under symbol "BRW RT" from October 3 through October 27, 2025. The offer includes an over-subscription privilege for record date shareholders who fully exercise their rights.

The offering aims to increase fund assets for new investment opportunities while potentially providing enhanced liquidity and lower expense ratios. The Fund's adviser will cover the first $200,000 of offering expenses.

Saba Capital Income & Opportunities Fund (NYSE: BRW) has declared a monthly dividend of $0.085 per share, payable on September 30, 2025, to shareholders of record as of September 10, 2025. The dividend is part of the Fund's Managed Distribution Plan, which aims to provide shareholders with a fixed monthly distribution rate.

The Plan is designed to narrow the discount between the market price and net asset value of the Fund's common shares. If investment income is insufficient, the Fund may distribute long-term capital gains or return capital to maintain the fixed rate. The Fund's investment objective focuses on providing high current income with secondary capital appreciation through global investments in debt and equity securities.