Saba Capital Income Fund BRW Offers 15.7% Yield as NAV Slides 18% Since 2021
Saba Capital Income & Opportunities Fund (BRW) offers a 15.7% dividend yield with a monthly distribution of $0.085 per share, but its net asset value per share has declined from $9.86 in 2021 to $8.07 in 2024, raising sustainability questions.
Saba Capital Income & Opportunities Fund (BRW) delivered improved earnings while maintaining a monthly distribution of $0.085 per share, supporting an annual dividend yield of approximately 15.7%.
The fund's net asset value per share has declined steadily from $9.86 in 2021 to $8.07 in 2024, a drop of roughly 18% over the three-year period. Analysts project a slight rebound in per-share value for 2025, though specific figures for the projected recovery were not disclosed in the primary materials.
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