Fund Overview: Saba Capital Income & Opportunities Fund (NYSE: BRW) is a registered closed-end management investment company that recently completed a successful transferable rights offer, which expired on October 28, 2025.
Offer Details: The subscription price for the Fund's common shares was set at $7.26, representing 87.5% of the net asset value per share, with gross proceeds expected to be approximately $78.7 million before expenses.
Investment Considerations: The press release emphasizes that the information is preliminary and not an offer to sell securities, urging investors to review the Fund's prospectus for details on investment objectives, risks, and expenses.
Forward-Looking Statements: The document includes forward-looking statements that are subject to uncertainties and risks, indicating that actual results may differ from projections and that the Fund does not undertake to update these statements.
Wall Street analysts forecast BRW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BRW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast BRW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BRW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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0 Sell
Current: 6.950
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Current: 6.950
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About BRW
Saba Capital Income & Opportunities Fund (the Fund) is a closed-end, management investment company. The Fund’s investment objective is to seek to provide shareholders with a high level of current income, with a secondary goal of capital appreciation. It seeks to achieve this objective by investing globally in debt and equity securities of public and private companies, which includes, among other things, investing in registered closed-end funds, special purpose acquisition companies (SPAC), public and private debt instruments, as well as derivatives. The Fund may also invest up to 15% of its total assets in private funds on a discretionary basis. The Fund invests in certain investments through its investment in BRW SPV I. The BRW SPV I is a Cayman Islands Exempted Company and is a wholly owned subsidiary of the Fund. Saba Capital Management, L.P serves as the investment adviser to the Fund.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
