BRW News and Press, Saba Capital Income & Opportunities Fund Com From 11/26/23

2023-11-26 12:45:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-11-16 15:44:47 ET Summary The results are in on Templeton Global Income Fund's tender offer. Shareholders who did not participate in the tender offer subsidized the premium price received by those who tendered. Shareholders who participated got 25 cents more than market p...

2023-11-10 17:52:51 ET Summary Saba Capital Income & Opportunities Fund is a closed-end fund that invests in global opportunities across various asset classes. BRW uses both public and private instruments, including CEFs and SPACs, and may use derivatives to enhance returns or...

2023-11-08 03:54:37 ET Summary For the third straight month, both equity (-2.52% on a NAV basis) and fixed income (-1.62%) CEFs on average suffered downside performance. At month end, 6% of all CEFs traded at a premium to their NAV, with 8% of equity CEFs and only 5% of fixed inco...

2023-10-09 09:16:06 ET Summary Activist group Saba recently took over Templeton Global Income Fund (GIM), so I'm buying some too to jump on the bandwagon. Saba will likely force the fund to conduct a tender offer, allowing shareholders to sell some of their shares at an above-mark...

2023-10-04 13:54:55 ET Summary High Income Securities Fund offers a remarkable 12.04% yield, but this high yield may indicate an expectation of future reduction. The fund's portfolio consists of common equity securities issued by business development companies, which are quite rar...

2023-10-02 06:56:45 ET Summary Saba Capital Income & Opportunities Fund employs an unusual strategy to provide a high level of income to investors, with a current yield of 13.28%. The fund has outperformed the S&P 500 Index on a total return basis since July, partially due...

2023-09-20 09:17:01 ET Summary Saba has replaced the board of GIM and selected itself to takeover from Templeton. The transfer of management contracts is subject to shareholder approval. A tender offer for a significant number of shares will be conducted if the transfer is app...

2023-09-11 22:11:20 ET Summary Special Opportunities Fund is a closed-end fund managed by Bulldog Investors known for using activist techniques to unlock value in rival funds. SPE currently trades at an 18% discount to NAV, and more action is needed from management to help reduce ...

2023-08-17 18:06:32 ET Summary High inflation is a major problem in the U.S., pushing up the cost of living and putting pressure on household budgets. Investors can earn income by purchasing shares of closed-end funds like the RiverNorth Opportunities Fund. The RIV closed-end ...