Saba Capital Income & Opportunities Fund, based in Scottsdale, Arizona, is a closed-end investment company aiming for high current income and capital appreciation through global debt and equity securities. It may invest up to 15% of total assets in private funds and utilizes BRW SPV I, a subsidiary in the Cayman Islands.
BRW has been in the news recently: CBB Bancorp, Inc. reported a fourth-quarter net income of $5.7 million, showing a slight increase from the previous quarter, but a yearly decline to $22.4 million. Cincinnati Financial Corporation announced an 87-cent dividend per share, reflecting a 7% increase, despite facing challenges related to recent California wildfires.
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