BRW Saba Capital Income & Opportunities Fund

XNYS
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

BRW — —
Key stats
About
Exchange
XNYS
Market Cap
$0.3B
CIK
0000826020
Homepage
https://www.sabacef.com

Saba Capital Income & Opportunities Fund is a diversified, closed-end management investment company. It seeks to provide investors with a high level of current income, with a secondary goal of capital appreciation. It invests globally in debt and equity securities of public and private companies, which includes, investing in closed-end funds, public and private debt instruments, and other securities.

Fund profile
Taxable Bond Multisector Bond Saba income and opportunities
Expense ratio
—
Assets
$298M
shares × price, Oct 21, 2026
Trailing yield
—
Average daily volume
$1.4M
30 sessions
Holdings
—
Listed
—
NYSE
FrenzyCap ETF score
46
how it is built
Costn/a
Liquidity38
Scale55
Diversificationn/a

Moves with. US large-cap stocks (9% of its variance, beta 0.32). These factors explain 10% of its daily moves over the last year, so most of what drives this fund is something else.

Overlap toolAll Multisector Bond ETFs

Similar funds
FundOverlapFeeAssets1Y
BINCiShares Flexible Income Active ETF—0.40%$16.5B−4.9%compare
PYLDPIMCO Multi Sector Bond Active ETF—0.64%$16.4B−5.3%compare
JPIEJPMorgan Income ETF—0.39%$11.2B−3.2%compare
BONDPIMCO Active Bond Exchange-Traded Fund—0.54%$8.6B−6.8%compare
CGCPCapital Group Core Plus Income ETF—0.34%$8.5B−6.8%compare

The largest other funds in the Multisector Bond category.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan---1.95%6.46%-2.85%1.41%-3.70%-0.13%
Feb---2.42%-1.57%-3.18%0.51%-2.22%-1.78%
Mar--0.44%-0.86%-0.55%-1.40%2.59%0.04%
Apr---3.37%-1.83%-2.05%-1.13%2.23%-1.23%
May---3.51%-2.11%0.83%2.00%0.15%-0.53%
Jun0.86%-4.52%-2.53%-4.48%4.68%-4.78%-1.79%
Jul-2.76%4.57%2.70%3.40%3.70%0.53%2.02%
Aug-0.22%0.12%-1.13%1.79%-1.54%-1.06%-0.34%
Sep-0.55%-5.83%-3.03%2.57%-6.72%-7.54%-3.52%
Oct2.41%-1.88%-2.51%0.54%-0.40%-4.19%*-1.01%
Nov-3.20%4.44%5.68%3.98%-3.23%--1.53%
Dec0.00%-7.76%-1.78%-3.67%-1.82%---3.01%
Total-3.52%-20.27%-3.04%-4.06%-4.38%-17.02%-8.72%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $5.95
SMA 50: $6.22
SMA 200: $6.57
Current: $5.82
EMA 12: $5.90
EMA 26: $6.01
MACD: -0.1067 | Signal: 0.0049
BEARISH
ADX (14): 54.30
STRONG TREND
+DI: 6.31
−DI: 29.17

Momentum Oscillators

RSI (14): 34.57
NEUTRAL
Stoch %K: 3.45
Stoch %D: 12.11
Williams %R: -100.00

Volume & Volatility

BB Upper: $6.12
BB Lower: $5.78
NEUTRAL
OBV: -5,874,459
Vol SMA 20: 244,328
Vol ROC: -67.13%
ATR: $0.09
True Range: $0.04
HV 20: 16.9%
HV 30: 15.8%
HV 60: 15.2%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Here is my LLM stock analysis report for BRW:

Executive Summary

  • Overall assessment: NEUTRAL (confidence level 6/10)
  • Key drivers: Low volatility, positive fundamentals
  • Primary risks: Limited news flow, lack of market catalysts
  • Recent news sentiment impact: No recent news available, neutral sentiment prevails

Technical Analysis

  • Trend Direction: Neutral (no clear trend)
  • Support/Resistance Levels:
    • SMA 20: $7.10 (support)
    • Upper Bollinger Band: $7.32 (resistance)
    • Lower Bollinger Band: $6.88 (support)
  • Momentum Signals:
    • RSI (14): 33.12 (neutral)
    • MACD: -0.08 / Signal: -0.01 / Histogram: -0.07 (bearish, but weakening)
    • Bollinger Bands: Neutral

News & Sentiment Analysis

  • Recent Headlines Summary: No recent news available
  • Sentiment Assessment: Neutral sentiment prevails due to lack of market catalysts
  • Catalyst Identification: No upcoming events or product launches reported
  • Market Narrative: No clear narrative emerges from the absence of recent news

Risk & Volatility Assessment

  • Beta Interpretation: Low volatility, beta <0.8 (defensive)
  • Volatility Regime: Current vs historical volatility levels: Low volatility regime persists
  • Options Market Signals:
    • IV rank: 6.4/10 (low volatility)
    • Put/call ratios: Neutral
    • Unusual activity: No unusual options activity reported

Market Context & Positioning

  • Sector Performance: Relative strength vs sector/market: BRW outperforms the market
  • Institutional Activity: Low volume and institutional interest signals: Defensive positioning
  • Correlation Analysis: R-squared interpretation: Weak correlation with market (0.44)
  • Relative Valuation: Position within trading range: Fairly valued

Key Levels & Action Items

  • Critical Price Levels:
    • Support: SMA 20 ($7.10), Lower Bollinger Band ($6.88)
    • Resistance: Upper Bollinger Band ($7.32)
  • Breakout/Breakdown Levels: No clear levels due to neutral trend
  • Time-Sensitive Catalysts: No upcoming events or product launches reported
  • Risk Management:
    • Stop-loss levels: Set at SMA 20 ($7.10) for risk management

Please note that this report is an objective analysis, focusing on data quality and signal clarity.

Generated
News
All BRW news →

BRW Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.2867
Alpha: -27.01%
Correlation: 0.2898
R-Squared: 8.4%
Stock Volatility: 12.6%
Market Volatility: 12.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own BRW
1 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Rockefeller Capital Management Family office
Rockefeller family
$30K
0.00%
#3593 of 4729+9.1%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

BRW Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

98 filers19,818,251 shares$130.02M value
# Filer Shares Value % of Total % of Float Period
1 Focus Partners Wealth 2,745,119 $18.04M 13.87% — 2026-06-30
2 TORONTO DOMINION BANK 2,278,240 $14.97M 11.51% — 2026-06-30
3 RIVERNORTH CAPITAL MANAGEMENT, LLC 1,861,414 $12.23M 9.41% — 2026-06-30
4 Thomas J. Herzfeld Advisors, Inc. 1,544,694 $10.15M 7.81% — 2026-06-30
5 Penserra Capital Management LLC 1,505,912 $9.89M 7.61% — 2026-06-30
6 Envestnet Asset Management, Inc. 1,075,205 $7.06M 5.43% — 2026-06-30
7 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 829,855 $5.45M 4.19% — 2026-06-30
8 Invesco Ltd. Custodian 740,127 $4.86M 3.74% — 2026-06-30
9 CSS LLC/IL 686,484 $4.51M 3.47% — 2026-06-30
10 Morgan Stanley Custodian 605,349 $3.98M 3.06% — 2026-06-30
11 LPL Financial LLC Custodian 507,546 $3.33M 2.56% — 2026-06-30
12 UBS Group AG Custodian 482,986 $3.17M 2.44% — 2026-06-30
13 FLAX POND CAPITAL, LLC 405,786 $2.73M 2.10% — 2026-06-30
14 Advisors Asset Management, Inc. 296,959 $1.95M 1.50% — 2026-06-30
15 Ethos Financial Group, LLC 251,018 $1.65M 1.27% — 2026-06-30
16 Adalta Capital Management LLC 248,039 $1.63M 1.25% — 2026-06-30
17 OSAIC HOLDINGS, INC. Custodian 222,050 $1.46M 1.12% — 2026-06-30
18 SCOTIA CAPITAL INC. 216,897 $1.43M 1.10% — 2026-06-30
19 J.W. COLE ADVISORS, INC. 213,373 $1.40M 1.08% — 2026-06-30
20 Modern Wealth Management, LLC 207,457 $1.36M 1.05% — 2026-06-30
21 Baird Financial Group, Inc. 191,877 $1.26M 0.97% — 2026-06-30
22 PARK AVENUE SECURITIES LLC 178,401 $1.17M 0.90% — 2026-06-30
23 Marks Group Wealth Management, Inc 172,790 $1.14M 0.87% — 2026-06-30
24 SVRN Asset Management, LLC 171,487 $1.13M 0.87% — 2026-06-30
25 Shaker Financial Services, LLC 153,273 $921.17K 0.71% — 2026-09-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

BRW Insider Trading (Form 4)

Latest: 2007-07-05
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2007-07-05 James N Meehan Director Disp (D) −26,671 $22.50 -$600.1K EDGAR
2007-07-05 Allan W Ditchfield Director Disp (D) −2,010 $22.50 -$45.2K EDGAR
2007-07-05 Richard T Delaney Director Disp (D) −7,649 $22.50 -$172.1K EDGAR
2007-07-05 Brian Dwyer Sr. VP Product R& D Disp (D) −50,782 $22.50 -$1.14M EDGAR
2007-07-05 Eileen Hilton Director Disp (D) −4,313 $22.50 -$97.0K EDGAR
2007-07-05 Anne Bandi Sr. VP Operations Disp (D) −37,171 $22.50 -$836.3K EDGAR
2007-07-05 Douglas R Burtch Sr. VP Marketing Disp (D) −17,657 $22.50 -$397.3K EDGAR
2007-07-05 Arthur J Rothkopf Director Disp (D) −4,313 $22.50 -$97.0K EDGAR
2007-07-05 Audrey E Sylvan Sr. VP Product Management Disp (D) −41,723 $22.50 -$938.8K EDGAR
2007-07-05 James Sclafani Sr. VP Claims Disp (D) −58,668 $22.50 -$1.32M EDGAR
2007-07-05 Nila Harrison Sr. VP Human Resources Disp (D) −42,260 $22.50 -$950.9K EDGAR
2007-07-05 George Christensen Sr. VP Business Integration Disp (D) −18,454 $22.50 -$415.2K EDGAR
2007-07-05 Robert D Sadler Sr. VP CFO Disp (D) −41,524 $22.50 -$934.3K EDGAR
2007-07-05 Mary R Hennessy Director Disp (D) −4,313 $22.50 -$97.0K EDGAR
2007-07-05 Jeffrey J Dailey CEO and President Disp (D) −144,285 $22.50 -$3.25M EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
ETF Holders
3 ETFs hold BRW
3 shown · $12.72M total exposure · 1.25% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 YYY Amplify CEF High Income ETF Amplify 1.25% $8.2M $657.2M 2026-10-20
2 PCEF Invesco CEF Income Composite ETF Invesco 0.55% $4.1M — 2026-10-20
3 CEFZ RiverNorth Active Income ETF Nport 0.99% $393,247 — 2026-06-30
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.