Saba Capital Income & Opportunities Fund (BRW) NYSE

8.27

-0.09(-1.08%)

Updated at August 18 04:00PM

Currency In USD

Saba Capital Income & Opportunities Fund

Address

405 Lexington Avenue

New York City, NY 10174

United States of America

Phone

(212) 542-3610

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

March 09, 1992

Key Executives

NameTitlePayYear Born
Mr. Stanley David VynerChief Investment Risk Officer and Executive Vice President01951
Mr. Jeffrey Alan BakalarPortfolio Manager01961

Description

Saba Capital Income & Opportunities Fund is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is managed by Saba Capital Management, L.P. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in floating rate secured senior loans, with an emphasis on top-tier, non-investment grade senior loans. The fund seeks to invest in loans with maturities of one to ten years. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. The fund was formerly known as Voya Prime Rate Trust. Saba Capital Income & Opportunities Fund was formed on December 2, 1987 and is domiciled in the United States.