Performance analysis of Saba Capital Income & Opportunities Fund (BRW)
Annual Return
Over the past 3 years, BRW has had an average annual return of +9.87%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, BRW has had an average annual return of +6.98%, underperforming the benchmark SPY, which returned +13.88% annual.
Since May 5, 2021, BRW has had an average annual return of +7.26%, underperforming the benchmark SPY, which returned +13.96% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +3.28% | +5.79% | +12.20% | +18.42% | -4.64% | +3.18% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.23% | -1.09% | +3.31% | +3.23% | +0.81% | -0.66% | +3.28% | ||||||
| 2025 | +5.09% | +1.60% | -1.44% | +0.12% | +0.84% | +6.37% | +5.44% | -0.41% | -5.30% | -2.94% | -1.69% | -1.34% | +5.79% |
| 2024 | -2.72% | -1.41% | +0.89% | -0.77% | +3.44% | -2.55% | +4.98% | +2.55% | +3.75% | -0.06% | +5.72% | -1.76% | +12.20% |
| 2023 | +9.48% | +0.22% | +0.83% | -0.17% | -0.90% | -1.35% | +4.78% | +0.06% | -1.73% | -2.69% | +7.01% | +2.21% | +18.42% |
| 2022 | +1.26% | -1.17% | +3.15% | -3.86% | -3.62% | -1.49% | +6.55% | +0.46% | -4.92% | +0.21% | +6.13% | -6.51% | -4.64% |
| 2021 | +0% | +2.99% | -2.08% | +0.71% | +0.07% | +3.37% | -2.08% | +0.29% | +3.18% |
Drawdown analysis of Saba Capital Income & Opportunities Fund (BRW)
The maximum drawdown for the BRW was -17.78%, occurring on Feb 17, 2026. This drawdown has not yet recovered.
The current BRW drawdown is -9.03%.
Since May 5, 2021 BRW has experienced the following drawdowns:
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.78% | Aug 13, 2025 | 128 | Feb 17, 2026 | Ongoing | Ongoing | Ongoing |
| -11.09% | Feb 28, 2025 | 26 | Apr 7, 2025 | 24 | May 12, 2025 | 50 |
| -11.04% | Jan 7, 2022 | 114 | Jun 23, 2022 | 149 | Jan 26, 2023 | 263 |
| -7.38% | Sep 5, 2023 | 33 | Oct 20, 2023 | 20 | Nov 17, 2023 | 53 |
| -6.65% | Dec 28, 2023 | 34 | Feb 16, 2024 | 105 | Jul 19, 2024 | 139 |
| -6.45% | Feb 7, 2023 | 27 | Mar 17, 2023 | 12 | Apr 4, 2023 | 39 |
| -5.22% | Dec 9, 2024 | 13 | Dec 27, 2024 | 22 | Jan 31, 2025 | 35 |
| -5.00% | Oct 25, 2021 | 37 | Dec 16, 2021 | 12 | Jan 4, 2022 | 49 |
| -4.40% | Apr 21, 2023 | 45 | Jun 27, 2023 | 20 | Jul 26, 2023 | 65 |
| -3.81% | Jul 12, 2021 | 7 | Jul 21, 2021 | 60 | Oct 14, 2021 | 67 |
| -3.47% | May 13, 2025 | 7 | May 22, 2025 | 9 | Jun 5, 2025 | 16 |
| -3.34% | Aug 4, 2023 | 12 | Aug 22, 2023 | 9 | Sep 5, 2023 | 21 |
| -3.06% | Dec 8, 2023 | 5 | Dec 15, 2023 | 6 | Dec 26, 2023 | 11 |
| -2.11% | Jul 19, 2024 | 3 | Jul 24, 2024 | 10 | Aug 7, 2024 | 13 |
| -2.08% | Apr 14, 2023 | 4 | Apr 20, 2023 | 1 | Apr 21, 2023 | 5 |
| -2.06% | Sep 30, 2024 | 11 | Oct 15, 2024 | 13 | Nov 1, 2024 | 24 |
| -1.81% | Apr 4, 2023 | 2 | Apr 6, 2023 | 5 | Apr 14, 2023 | 7 |
| -1.75% | Aug 23, 2024 | 3 | Aug 28, 2024 | 9 | Sep 11, 2024 | 12 |
| -1.51% | Jan 31, 2025 | 4 | Feb 6, 2025 | 6 | Feb 14, 2025 | 10 |
| -1.42% | Jul 30, 2025 | 5 | Aug 6, 2025 | 5 | Aug 13, 2025 | 10 |
| -1.14% | Jun 6, 2025 | 1 | Jun 9, 2025 | 4 | Jun 13, 2025 | 5 |
| -1.07% | Jun 15, 2021 | 1 | Jun 16, 2021 | 10 | Jun 30, 2021 | 11 |
| -0.77% | Nov 24, 2023 | 2 | Nov 28, 2023 | 2 | Nov 30, 2023 | 4 |
| -0.77% | Feb 18, 2025 | 2 | Feb 20, 2025 | 2 | Feb 24, 2025 | 4 |
| -0.74% | Jul 9, 2025 | 3 | Jul 14, 2025 | 3 | Jul 17, 2025 | 6 |