RIV: Attractive Discount, But Could Get More Attractive [Seeking Alpha]
Saba Capital Income & Opportunities Fund SBI (BRW)
Company Research
Source: Seeking Alpha
The fund is highly diversified, with the largest exposure in other closed-end funds, and offers a multi-asset approach with an attractive distribution rate. The fund looks relatively attractive; however, it is overdue for a rights offering that it had done annually - a rights offering could see the discount widen further. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » Written by Nick Ackerman, co-produced by Stanford Chemist. RiverNorth Opportunities ( NYSE: RIV ) is a closed-end fund that continues to trade at an attractive valuation. Historically, this fund has traded at close to parity with its net asset value per share. It has even traded at meaningful premiums for lengthy periods of time, spanning a year or longer. That said, the fund continues to trade at a fairly substantial discount for a period of time. This has been the case since our last update as well, but it is off the widest discou
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BRW
News
- BRW Announces $0.085 DividendBusiness Wire
- BRW Announces Notification of Sources of DistributionsBusiness Wire
- BRW Announces $0.085 DividendBusiness Wire
- BRW Announces Notification of Sources of DistributionsBusiness Wire
- GIM: This New Saba Fund Could Be Promising, But I Want More Information [Seeking Alpha]Seeking Alpha
BRW
Sec Filings
- 4/16/24 - Form 144
- 4/16/24 - Form 144
- 4/1/24 - Form NPORT-P
- BRW's page on the SEC website