The Fund seeks to provide investors with a high level of current income, with a secondary goal of capital appreciation. The Fund’s investment objective is to invest in High Yield credit on a non-diversified basis; the Fund will also opportunistically target other investments, such as, registered closed-end funds and special purpose acquisition companies.
Fund will also use derivatives where it believes it can achieve attractive risk-adjusted returns.
Company profile
Ticker
BRW
Exchange
Website
CEO
Michael Bell
Employees
Incorporated
Location
Fiscal year end
Former names
ING PRIME RATE TRUST, PILGRIM AMERICA PRIME RATE TRUST, PILGRIM PRIME RATE TRUST, Voya PRIME RATE TRUST
SEC CIK
Corporate docs
IRS number
956874587
BRW stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
25 Apr 23
N-CEN
Annual report (registered investment company)
13 Jan 23
N-CSR
Certified annual shareholder report (management investment company)
6 Jan 23
N-PX
Annual report of proxy voting record
22 Aug 22
DEF 14A
Definitive proxy
5 Aug 22
N-CSRS
Certified semi-annual shareholder report (management investment company)
8 Jul 22
N-CEN
Annual report (registered investment company)
14 Jan 22
N-CSR
Certified annual shareholder report (management investment company)
6 Jan 22
N-CSRS
Certified semi-annual shareholder report (management investment company)
5 Nov 21
DEF 14A
Definitive proxy
13 Aug 21
Latest ownership filings
SC 13D/A
Saba Capital Management, L.P.
27 Apr 23
NPORT-P
Saba Capital Income & Opportunities Fund (Jan 2023 report)
31 Mar 23
SC 13G/A
RIVERNORTH CAPITAL MANAGEMENT, LLC
14 Feb 23
SC 13G
Relative Value Partners Group, LLC
2 Feb 23
NPORT-P
Saba Capital Income & Opportunities Fund (Oct 2022 report)
28 Dec 22
SC 13D/A
Saba Capital Management, L.P.
17 Nov 22
4
Boaz Weinstein
16 Nov 22
4
Boaz Weinstein
14 Nov 22
4
Boaz Weinstein
9 Nov 22
NPORT-P/A
Saba Capital Income & Opportunities Fund (Jul 2022 report)
9 Nov 22
Funds
| Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
|---|---|---|---|---|---|---|---|
| Saba Capital Income & Opportunities Fund | – | 6.07 | -6.49 | 9.41 | 497.59 mm | 784 | Jan 2023 |
Institutional ownership, Q2 2022
22.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 0 |
| Closed positions | 1 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 9.73 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| First Trust Portfolios | 9.73 mm | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Nov 22 | Saba Capital Management | Common Stock | Sell | Dispose S | Yes | No | 7.92 | 27,724 | 219.57 k | 4,081,664 |
| 14 Nov 22 | Saba Capital Management | Common Stock | Sell | Dispose S | Yes | No | 7.88 | 165,005 | 1.30 mm | 4,109,388 |
| 9 Nov 22 | Saba Capital Management | Common Stock | Sell | Dispose S | Yes | No | 7.75 | 6,946 | 53.83 k | 4,274,393 |
| 8 Nov 22 | Saba Capital Management | Common Stock | Sell | Dispose S | Yes | No | 7.8 | 31,134 | 242.85 k | 4,281,339 |
| 13 Sep 22 | Saba Capital Management | Common Stock | Sell | Dispose S | Yes | No | 8.24 | 4,226 | 34.82 k | 4,312,473 |
| 8 Sep 22 | Saba Capital Management | Common Stock | Sell | Dispose S | Yes | No | 8.31 | 27,832 | 231.28 k | 4,316,699 |