Funds / BRW
BRW Saba Capital Income & Opportunities Fund
Saba Capital Management · pays monthly
Latest payout
$0.0850
paid Sep 30, 2026
Return of capital
0%
Sep 30 payout · estimated (19a-1)
Next ex-date
Oct 8, 2026
pays ~Oct 28 · projected dates
Distribution rate
16.97%
issuer’s annualized rate, Sep 30, 2026
Payouts per share
- Income (the berries)
- Return of capital (a cutting from the bush)
- Return of capital, estimated
What the past year did to your cost basis
Holding 100 shares of BRW through the last 12 payouts, you’d have collected $102.00. About $6.96 of it (7%) was return of capital: not taxed when paid, but it came off your cost basis, which raises the gain when you sell.
Uses the issuer’s final Form 8937 figures where filed and 19a-1 estimates otherwise. Gooseberry does this per lot, with your real purchase dates.
Upcoming dates
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| Oct 8, 2026 | Oct 28, 2026 | — | Projected |
| Nov 9, 2026 | Nov 30, 2026 | — | Projected |
| Dec 8, 2026 | Dec 29, 2026 | — | Projected |
To be paid, you need to own shares before the ex-date. “Projected” dates are estimated from the fund’s usual schedule until the issuer announces them.
Payout history
| Paid | Per share | Return of capital |
|---|---|---|
| Sep 30, 2026 | $0.0850 | 0% estimated (19a-1) |
| Aug 31, 2026 | $0.0850 | 0% estimated (19a-1) |
| Jul 31, 2026 | $0.0850 | 0% estimated (19a-1) |
| Jun 30, 2026 | $0.0850 | 0% estimated (19a-1) |
| May 29, 2026 | $0.0850 | 0% estimated (19a-1) |
| Apr 30, 2026 | $0.0850 | 0% estimated (19a-1) |
| Mar 31, 2026 | $0.0850 | 0% estimated (19a-1) |
| Feb 27, 2026 | $0.0850 | 0% estimated (19a-1) |
| Jan 30, 2026 | $0.0850 | 0% estimated (19a-1) |
| Dec 31, 2025 | $0.0850 | 0% estimated (19a-1) |
| Nov 28, 2025 | $0.0850 | 0% estimated (19a-1) |
| Oct 31, 2025 | $0.0850 | 82% estimated (19a-1) |
| Sep 30, 2025 | $0.0850 | 87% estimated (19a-1) |
| Aug 29, 2025 | $0.0850 | 64% estimated (19a-1) |
| Jul 31, 2025 | $0.0850 | 89% estimated (19a-1) |
| Jun 30, 2025 | $0.0850 | 90% estimated (19a-1) |
| May 30, 2025 | $0.0850 | 77% estimated (19a-1) |
| Apr 30, 2025 | $0.0850 | 71% estimated (19a-1) |
| Mar 31, 2025 | $0.0850 | 0% estimated (19a-1) |
| Feb 28, 2025 | $0.0850 | 0% estimated (19a-1) |
| Jan 31, 2025 | $0.0850 | 0% estimated (19a-1) |
| Dec 31, 2024 | $0.0850 | 0% estimated (19a-1) |
| Nov 29, 2024 | $0.0850 | 76% estimated (19a-1) |
| Oct 31, 2024 | $0.0850 | 49% estimated (19a-1) |
Show 56 earlier payouts
| Sep 30, 2024 | $0.0850 | 47% estimated (19a-1) |
| Aug 30, 2024 | $0.0850 | 50% estimated (19a-1) |
| Jul 31, 2024 | $0.0850 | 63% estimated (19a-1) |
| Jun 28, 2024 | $0.0850 | 30% estimated (19a-1) |
| May 31, 2024 | $0.0850 | 52% estimated (19a-1) |
| Apr 30, 2024 | $0.0850 | 46% estimated (19a-1) |
| Mar 28, 2024 | $0.0850 | 54% estimated (19a-1) |
| Feb 29, 2024 | $0.0850 | 10% estimated (19a-1) |
| Jan 31, 2024 | $0.0850 | 99% estimated (19a-1) |
| Dec 29, 2023 | $0.0850 | 57% estimated (19a-1) |
| Nov 30, 2023 | $0.0850 | 89% estimated (19a-1) |
| Oct 31, 2023 | $0.0850 | 98% final (Form 8937) |
| Sep 29, 2023 | $0.0850 | 98% final (Form 8937) |
| Aug 31, 2023 | $0.0850 | 98% final (Form 8937) |
| Jul 31, 2023 | $0.0850 | 98% final (Form 8937) |
| Jun 30, 2023 | $0.0860 | 98% final (Form 8937) |
| May 31, 2023 | $0.0880 | 98% final (Form 8937) |
| Apr 28, 2023 | $0.0870 | 98% final (Form 8937) |
| Mar 31, 2023 | $0.0890 | 98% final (Form 8937) |
| Feb 28, 2023 | $0.0890 | 98% final (Form 8937) |
| Jan 31, 2023 | $0.0870 | 98% final (Form 8937) |
| Dec 30, 2022 | $0.0870 | 89% estimated (19a-1) |
| Nov 30, 2022 | $0.0860 | 100% estimated (19a-1) |
| Oct 31, 2022 | $0.0880 | 100% estimated (19a-1) |
| Sep 30, 2022 | $0.0910 | 100% estimated (19a-1) |
| Aug 31, 2022 | $0.0890 | 100% estimated (19a-1) |
| Jul 29, 2022 | $0.0900 | 100% estimated (19a-1) |
| Jun 30, 2022 | $0.0920 | 100% estimated (19a-1) |
| May 31, 2022 | $0.0940 | 100% estimated (19a-1) |
| Apr 29, 2022 | $0.0940 | 100% estimated (19a-1) |
| Mar 31, 2022 | $0.0960 | 90% estimated (19a-1) |
| Feb 28, 2022 | $0.0960 | 78% estimated (19a-1) |
| Jan 26, 2022 | $0.0960 | 78% estimated (19a-1) |
| Dec 23, 2021 | $0.0660 | 86% estimated (19a-1) |
| Nov 23, 2021 | $0.0656 | 87% estimated (19a-1) |
| Oct 25, 2021 | $0.0660 | 59% estimated (19a-1) |
| Sep 23, 2021 | $0.0660 | 79% estimated (19a-1) |
| Aug 23, 2021 | $0.0656 | 26% estimated (19a-1) |
| Jul 22, 2021 | $0.0660 | 78% estimated (19a-1) |
| Jun 22, 2021 | $0.0134 | 0% estimated (19a-1) |
| May 17, 2021 | $0.0140 | Not published |
| Apr 22, 2021 | $0.0220 | Not published |
| Mar 22, 2021 | $0.0216 | 10% estimated (19a-1) |
| Feb 23, 2021 | $0.0242 | Not published |
| Jan 25, 2021 | $0.0270 | 7% estimated (19a-1) |
| Dec 22, 2020 | $0.0288 | Not published |
| Nov 23, 2020 | $0.0270 | Not published |
| Oct 22, 2020 | $0.0280 | Not published |
| Sep 22, 2020 | $0.0280 | Not published |
| Aug 24, 2020 | $0.0290 | Not published |
| Jul 22, 2020 | $0.0296 | Not published |
| Jun 22, 2020 | $0.0296 | Not published |
| May 22, 2020 | $0.0330 | Not published |
| Apr 22, 2020 | $0.0400 | Not published |
| Mar 23, 2020 | $0.0434 | Not published |
| Feb 25, 2020 | $0.0458 | Not published |
Fund facts
- Issuer
- Saba Capital Management
- Exchange
- NYSE
- Pays
- Monthly
- Inception
- May 12, 1988
- Net assets
- $359M
- Price
- $6.01 · Sep 30, 2026
- CUSIP
- 78518H202
Issuer documents
Latest 19a-1 notices
- Sep 30, 2026 payout
- Aug 31, 2026 payout
- Jul 31, 2026 payout
- Jun 30, 2026 payout
- May 29, 2026 payout
- Apr 30, 2026 payout
Form 8937 (final return of capital)
Data from Saba Capital Management’s public disclosures, updated Oct 1, 2026, 11:28 AM ET. Not investment or tax advice.