BRW

Weekly Report: what happened at BRW last week (1120-1124)?

Weekly Report: what happened at BRW last week (1113-1117)?

GIM Tender Offer Results Confirm Advantages Of Tendering 100%

Tender offer results are in on templeton global income fund's tender offer. Shareholders who did not participate in the tender offer subsidized the premium price received by those who tendered. Tendering 100% of shares is generally the best way to play tender offers. Gim's offer to purchase 45% of its shares at 99% of net asset value was under pressure from activist group.

Weekly Report: what happened at BRW last week (1106-1110)?

BRW: Accessing Saba Capital's CEF At A Ripe Time For Shareholder Activism

Aba capital income & opportunities fund (brw) offers a high distribution yield of approximately 12% and trades at a discount of around 11%. Saba capital is renowned for its shareholder activism. Brw is a closed-end fund that invests in global opportunities across various asset classes.

The Month In Closed-End Funds: October 2023

For the third straight month, both equity (-2.52% on a nav basis) and fixed income (-1.62%) cefs on average suffered downside performance. at month end, just 13% of all closed-end funds posted net asset value-based returns in the black. utility cefs (-0.52%) moved to the top of the equity leaderboard for the first month in seven.

Weekly Report: what happened at BRW last week (1030-1103)?

Saba Cap Inc & Opps: Dividend Insights