Welcome to our dedicated page for Saba Capital Income & Opportunities Fund news (Ticker: BRW), a resource for investors and traders seeking the latest updates and insights on Saba Capital Income & Opportunities Fund stock.
Saba Capital Income & Opportunities Fund (NYSE: BRW) is a registered closed-end management investment company whose common shares trade on the New York Stock Exchange. Managed by Saba Capital Management, L.P., the Fund focuses on generating a high level of current income, with a secondary goal of capital appreciation, by investing globally in debt and equity securities of public and private companies.
The BRW news feed features regular announcements related to its managed distribution plan, under which the Fund declares monthly distributions at a fixed amount per share. These updates often include dividend declarations, payment dates, and record dates, as well as estimates of the sources of distributions provided pursuant to Section 19(a) of the Investment Company Act of 1940.
Investors can also find news about the Fund’s estimates of how much of each distribution comes from net investment income, net realized capital gains, and return of capital. The Fund emphasizes that these estimates are not for tax reporting purposes and that final tax characterizations are reported on Form 1099-DIV after year-end.
In addition to distribution-related items, BRW’s news includes information on corporate actions such as transferable rights offerings, subscription prices, and gross proceeds. These announcements provide context on how the Fund raises capital and manages its share base. By following BRW news, readers can track changes in its distribution practices, rights offerings, and other disclosures the Fund makes to shareholders and the market.
Saba Capital Income & Opportunities Fund (NYSE: BRW) declared a monthly dividend of $0.085 per share on December 31, 2025, payable January 30, 2026 to shareholders of record as of January 12, 2026.
The distribution is made under the Fund’s managed distribution plan, which sets a fixed monthly amount of $0.085 and may use net investment income, long-term capital gains, and/or return of capital to satisfy payments; the Board may amend or terminate the Plan and the final tax character will be reported at year-end.
Saba Capital Income & Opportunities Fund (NYSE: BRW) announced an estimated monthly distribution of $0.085 per share to be paid on December 31, 2025, and reports the fiscal year-to-date cumulative allocation as of November 30, 2025.
The Fund estimates the December 31, 2025 distribution and fiscal YTD distributions consist of 100.00% net investment income and 0.00% in short-term gains, long-term gains, or return of capital. The Fund also discloses an annualized distribution rate of 13.69% (as of November 30, 2025), a 5-year average annual NAV total return of 7.94%, and a cumulative NAV total return of -3.22% for the current fiscal period through November 30, 2025.
The Fund cautions these are estimates, final tax characterizations will be reported on Form 1099-DIV, and shareholders may receive a return of capital if distributions exceed income.
Saba Capital Income & Opportunities Fund (NYSE: BRW) declared a monthly dividend of $0.085 per share on November 28, 2025, payable December 31, 2025 to shareholders of record as of December 9, 2025.
The distribution is made under the Fund’s managed distribution plan, which sets a fixed monthly rate of $0.085 but is not guaranteed and may be funded from net investment income, long-term capital gains, and/or return of capital. The Board may amend or terminate the Plan at any time. Shareholders will receive a Rule 19a-1 notice detailing the dividend source and should consult Form 1099-DIV for tax reporting. The Fund invests globally across debt, equity, closed-end funds, SPACs, reinsurance and may use derivatives and leverage, all of which carry investment risks.
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.
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