BRW - 8-15% Yield Options In The Saba Fund Suite
2024-07-17 12:36:46 ET
Summary
- We take a look at the trio of Saba's public investment funds.
- CEFS is a pure-play fund of CEFs, while the CEFs BRW and SABA have allocations to a diverse array of securities, including reinsurance, loans, stocks, SPACs, crypto, etc.
- SABA will likely transition over time to be similar to BRW - it remains our favored option between the two funds.
- CEFS has generated consistently strong returns - likely due to a direct line to Saba's CEF activism.
In this article, we take a look at Saba Capital's trio of public investment funds. Many income investors will be familiar with Saba as a CEF activist when it pushes management teams to tighten the discounts on their funds. The company has been running its ETF as a way for retail investors to piggyback on its style of investing for over 7 years now. Over the last few years, it has also taken over two CEFs which offer additional options for investors....
8-15% Yield Options In The Saba Fund Suite