Saba Capital Income & Opportunities Fund

Saba Capital Income & Opportunities Fundverified

BRW

Price:

$7.38

Market Cap:

$313.87M

Saba Capital Income & Opportunities Fund is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is managed by Saba Capital Management, L.P. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in floating rate secured senior loans, with an emphasis on top-tier, non-investment grade senior loans. The fund seeks to invest in loans with maturities of one to ten years. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. The fund was formerly known as Voya Prime Rate Trust. Saba Capital Income & Opport...[Read more]

Industry

Asset Management - Income

IPO Date

1992-03-09

Stock Exchange

NYSE

Ticker

BRW

The Dividend Yield as of September 2024 (TTM) for Saba Capital Income & Opportunities Fund (BRW) is 15.37%

According to Saba Capital Income & Opportunities Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 15.37%. This represents a change of 141.47% compared to the average of 6.36% of the last 4 quarters.

Saba Capital Income & Opportunities Fund (BRW) Historical Dividend Yield (quarterly & annually)

How has BRW Dividend Yield performed in the past?

The mean historical Dividend Yield of Saba Capital Income & Opportunities Fund over the last ten years is 6.81%. The current 15.37% Dividend Yield has changed 125.68% with respect to the historical average. Over the past ten years (40 quarters), BRW's Dividend Yield was at its highest in in the April 2024 quarter at 8.73%. The Dividend Yield was at its lowest in in the February 2021 quarter at 0.92%.

Quarterly (TTM)
Annual

Average

6.81%

Median

6.28%

Minimum

-14.96%

Maximum

21.50%

Saba Capital Income & Opportunities Fund (BRW) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Saba Capital Income & Opportunities Fund Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 316.29%

Maximum Annual Dividend Yield = 21.50%

Minimum Annual Increase = -336.65%

Minimum Annual Dividend Yield = -14.96%

Quarterly (TTM)
Annual
YearDividend YieldChange
202313.19%95.46%
20226.75%35.08%
20215.00%7.54%
20214.64%-25.57%
20206.24%-70.98%
201921.50%37.46%
201815.64%316.29%
20173.76%-125.12%
2016-14.96%-336.65%
20156.32%-4.21%

Saba Capital Income & Opportunities Fund (BRW) Average Dividend Yield

How has BRW Dividend Yield performed in the past?

The current Dividend Yield of Saba Capital Income & Opportunities Fund (BRW) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.31%

5-year avg

7.16%

10-year avg

6.81%

Saba Capital Income & Opportunities Fund (BRW) Dividend Yield vs. Peers

How is BRW’s Dividend Yield compared to its peers?

Saba Capital Income & Opportunities Fund’s Dividend Yield is less than Federated Hermes Premier Municipal Income Fund (3.44%), less than BlackRock MuniYield Fund, Inc. (5.17%), less than Diamond Hill Investment Group, Inc. (3.72%), less than NXG NextGen Infrastructure Income Fund (15.78%), less than Federated Hermes, Inc. (6.13%), less than Nuveen Dow 30 Dynamic Overwrite Fund (7.81%), less than BlackRock Enhanced International Dividend Trust (7.10%), less than Nuveen S&P 500 Dynamic Overwrite Fund (7.12%), less than Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (8.61%), less than First Trust MLP and Energy Income Fund (2.73%), less than BlackRock Enhanced Equity Dividend Trust (8.57%), less than Eaton Vance Tax-Managed Diversified Equity Income Fund (7.29%), less than Blackrock Resources & Commodities Strategy Trust (6.68%), less than BlackRock Municipal Income Trust II (5.20%), less than First Trust Intermediate Duration Preferred & Income Fund (8.31%), less than First Trust Energy Infrastructure Fund (4.70%), less than First Trust Energy Income and Growth Fund (8.13%), less than Franklin Limited Duration Income Trust (10.89%), greater than Focus Financial Partners Inc. (0%), less than First Trust High Income Long/Short Fund (8.15%), less than BlackRock Floating Rate Income Strategies Fund, Inc. (11.17%), less than Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (7.40%),

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