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: Cincinnati Financial's short percent of float has risen to 21.88%, with 2.09 million shares sold short, requiring an average of 3.12 days to cover. Meanwhile, the tragic death of Cincinnati freshman offensive lineman Jeremiah Kelly due to cardiac hypertrophy has led his mother to seek cardiology check-ups for her other sons.
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