Business Description
Saba Capital Income & Opportunities Fund is a US-based closed-end fund that focuses on fixed income investments, primarily senior secured floating rate loans in the non-investment grade category. Originally founded in 1987 under the name Voya Prime Rate Trust, the fund is now managed by Saba Capital Management L.P. and targets loans with maturities ranging from one to ten years across a variety of industries. Its performance is measured against the S&P/LSTA Leveraged Loan Index.
