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: Ja'Marr Chase, a top receiver for the Cincinnati Bengals, is currently negotiating a contract extension despite having three seasons with over 1,000 receiving yards. Additionally, Saba Capital Income & Opportunities Fund announced a monthly dividend of $0.085 per share, set to be paid on September 30, 2024, to shareholders recorded by September 10, 2024.
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