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Saba Capital Income & Opportunities Fund (BRW)

Taxable Bond Funds - Loan Participation

Data as of May 27, 2022
Current
Market Price $8.27 (+ $0.13)
NAV (May 27, 2022) $9.25 (+ $0.04)
Fund Listed NYSE
Premium / Discount -10.59% (+1.02%)
Fund Info
Inception May 12, 1988
Sponsor Saba Capital Management
Website https://www.sabacef.co...
Phone 212-542-4644
NAV Symbol XBRWX
Location Arizona
Incorporated Massachusetts
Staggered Board No
Objective: High level of current income and capital appreciation by investing in High Yield credit on a non-diversified basis. The Fund will also opportunistically target other investments.
Related Indexes
High Income Index
Capital & Leverage
Outstanding Shares 42,529,493
Total Assets (Reported: Oct. 31, 2021) $484M
Estimated Total Assets $520M
Net Assets $393M
Market Cap $352M
Portfolio Turnover 94.00%
Total Leverage 24.32%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.43%
Non Lev Exp Ratio 1.38%
Rel Lev Cost 0.18%
Discount Data
Average Discount (3 Yr) -8.57%
Discount Low(3 Yr) -22.80%
Discount High(3 Yr) -3.55%
Discount Rel Range 63.41%
Comp Discount -2.75
Discount St Dev (1Yr) 1.63
Z-Stat
Z-Stat (6mo) -1.83
Z-Stat (1Yr) -2.49
Z-Stat (3Yr) -0.71
Comp Z-Stat (6mo) -0.78
Comp Z-Stat (3Yr) -0.49
Distribution Data
Market Yield 13.64%
Income Yield 2.20%
Lev Adj NAV Yield 9.81%
Distribution Frequency M
Current Distribution $0.094
Current Income $0.015
Ex-Date 5/23/22
Payable Date 5/31/22
Div Growth (3yr) 70.91%
Dividend Change -2.1% on 4/1/22
Expected Div 6/1/22
RoC (1yr) 77.82%
RoC (3yr) 42.31%
Tax Dividend Data 2021 2019 - 2021
Income 35.9% 44.9%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 64.1% 23.2%
Volume & Liquidity
Average Daily $ (K) $1,144
Avg Volume 30 day 135,223
Avg Volume 90 day 138,319
Volume Trend -2.24%
Comp Volume Trend -13.23%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
28.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
52.0%
Price Correlation (1yr)
vs. CEFA's Senior Loan Index
61.0%
Most Correlated Peer (Mk Pr): RSF 65.0%
NAV - Price Correlation (30 d) 92.8%
NAV - Price Correlation (90 d) 95.5%
NAV - Price Correlation (1 Yr) 91.2%
Price St Dev (1Yr) 10.5%
NAV St Dev (1Yr) 4.2%
Earnings
Earnings / Share (10/31/21) $0.007
Earn Coverage 7.77%
Earnings Trend Down
UNII / Share (10/31/21) $0.020
Rel UNII 10.92
UNII Trend Up
Bond Specific Data
Maturity
Duration
Credit Rating (rbo) B
Investment Grade 4.30%
Non Investment Grade 95.37%
Unrated Bonds 0.33%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.03
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.23
NAV Beta (2yr)
vs. CEFA's Senior Loan Index
0.58

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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