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

Saba Capital Income & Opportunities Fund (NYSE: BRW) has declared a monthly dividend of $0.085 per share on September 30, 2024, payable on October 31, 2024 to shareholders of record as of October 9, 2024. This distribution is part of the Fund's Managed Distribution Plan, which aims to provide a fixed monthly distribution and narrow the discount between market price and net asset value of common shares.

The Plan may distribute long-term capital gains and/or return of capital if investment income is insufficient. The Fund's investment objective is to provide high current income with a secondary goal of capital appreciation. It invests globally in debt and equity securities, including closed-end funds, SPACs, reinsurance, and may use derivatives to enhance returns or reduce portfolio risk.

Saba Capital Income & Opportunities Fund (NYSE: BRW) has announced its monthly distribution and provided an estimate of the sources of this distribution as required by securities laws. For the September 30, 2024 distribution of $0.085 per share, the estimated allocations are:

• 52.81% from Net Investment Income
• 47.19% from Return of Capital

The Fund estimates it has distributed more than its income and net realized capital gains, indicating a portion of the distribution may be a return of capital. For the fiscal year-to-date as of August 31, 2024, the cumulative distribution of $0.9640 per share is estimated to come from:

• 39.54% Net Investment Income
• 60.46% Return of Capital

The Fund's annualized distribution rate is 14.69% of NAV as of August 31, 2024. The Fund operates under a managed distribution plan, aiming to provide a fixed monthly distribution of $0.085 per share.

Saba Capital Income & Opportunities Fund (NYSE: BRW) has declared a monthly dividend of $0.085 per share, payable on September 30, 2024 to shareholders of record as of September 10, 2024. This distribution is part of the Fund's Managed Distribution Plan, which aims to provide a fixed monthly distribution and narrow the discount between market price and net asset value of common shares.

The Plan may distribute long-term capital gains and/or return of capital if investment income is insufficient. The Fund's investment objective is to provide high current income with a secondary goal of capital appreciation. It invests globally in debt and equity securities, including closed-end funds, SPACs, reinsurance, and derivatives. Investors should consider the Fund's investment objectives, risks, and expenses carefully before investing.

Saba Capital Income & Opportunities Fund (NYSE: BRW) has announced its monthly distribution details for August 30, 2024. The Fund estimates that it has distributed more than its income and net realized capital gains, with a portion of the distribution potentially being a return of capital. Key points include:

- Distribution per share: $0.08500
- Net Investment Income: 49.56% of distribution
- Return of Capital: 50.44% of distribution
- Cumulative fiscal year-to-date distribution rate: 11.00% of NAV
- Average Annual Total Return (5-year period): 3.36%
- Annualized Distribution Rate: 14.94%

The Fund operates under a managed distribution plan, aiming to provide a fixed monthly distribution of $0.085 per share. Shareholders are advised to consult tax advisors regarding the appropriate treatment of Fund distributions.

Saba Capital Income & Opportunities Fund (NYSE: BRW) has declared a monthly dividend of $0.085 per share, payable on August 30, 2024, to shareholders of record as of August 9, 2024. This distribution is part of the Fund's Managed Distribution Plan, which aims to provide a fixed monthly distribution and narrow the discount between market price and net asset value of common shares.

The Plan may distribute long-term capital gains and/or return of capital if investment income is insufficient. The Fund's investment objective is to provide high current income with a secondary goal of capital appreciation. It invests globally in debt and equity securities, including closed-end funds, SPACs, reinsurance, and various debt instruments.

Saba Capital Income & Opportunities Fund (NYSE: BRW) has announced its monthly distribution for July 31, 2024, and provided estimates of the distribution sources. The Fund estimates that 63.45% of the July distribution is a return of capital, with the remaining 36.55% coming from net investment income. For the fiscal year-to-date, 61.21% of distributions have been return of capital.

The Fund's annualized distribution rate is 15.89% of NAV as of June 30, 2024. The Fund's average annual total return for the 5-year period ended June 30, 2024, was 2.56%. The Fund maintains a managed distribution plan with a fixed monthly distribution of $0.085 per share.

Shareholders are cautioned that the Fund may be distributing more than its income and net realized capital gains, which could impact the Fund's long-term sustainability.

The Saba Capital Income & Opportunities Fund (NYSE: BRW) declared a monthly dividend of $0.085 per share on June 28, 2024. This dividend will be paid on July 31, 2024, to shareholders recorded by July 9, 2024. The dividend is part of the Fund's managed distribution plan, ensuring consistent monthly payments. The Plan aims to minimize the discount between the market price and the net asset value of the Fund's shares but isn't guaranteed to succeed. If investment income is insufficient, the Fund will use long-term capital gains or return of capital to maintain the payout rate. Changes or termination of the Plan could impact the Fund's share price. The Fund's investments span global debt and equity securities, closed-end funds, SPACs, and reinsurance, among others, with aims for high income and capital appreciation.

Saba Capital Income & Opportunities Fund (NYSE: BRW) announced the estimated sources of its monthly distribution for June 28, 2024. The distribution per share is $0.085, with 70.09% from net investment income and 29.91% as return of capital. For the fiscal year-to-date, the distribution per share is $0.709, with 35.04% from net investment income and 64.96% as return of capital. Shareholders are advised not to draw conclusions on the Fund’s performance from these distributions. The actual tax reporting will be provided later. The Fund adheres to a managed distribution plan, aiming for a fixed monthly distribution, which may include returns of capital. Further details and risk factors can be found on the Fund’s website and SEC filings.

Saba Capital Income & Opportunities Fund (NYSE: BRW) announced a monthly dividend of $0.085 per share, payable on June 28, 2024, to shareholders of record on June 11, 2024. This distribution is part of the Fund's managed distribution plan, which aims to provide consistent monthly payouts and reduce the discount between the market price and net asset value of the Fund's shares. The Fund may distribute long-term capital gains and/or return of capital if sufficient investment income is unavailable. The Board of Trustees can amend or terminate the plan at any time, which could impact the Fund's market price. Investors are reminded that past performance is not indicative of future results and that the Fund's investments carry various risks, including market volatility and interest rate fluctuations.