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Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Pretax Margin % : 66.27% (As of Oct. 2023)


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What is Saba Capitalome & Opportunities Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Saba Capitalome & Opportunities Fund's Pre-Tax Income for the six months ended in Oct. 2023 was $5.06 Mil. Saba Capitalome & Opportunities Fund's Revenue for the six months ended in Oct. 2023 was $7.64 Mil. Therefore, Saba Capitalome & Opportunities Fund's pretax margin for the quarter that ended in Oct. 2023 was 66.27%.

The historical rank and industry rank for Saba Capitalome & Opportunities Fund's Pretax Margin % or its related term are showing as below:

BRW' s Pretax Margin % Range Over the Past 10 Years
Min: 89.11   Med: 94.9   Max: 118.63
Current: 89.34


BRW's Pretax Margin % is ranked worse than
51.81% of 1660 companies
in the Asset Management industry
Industry Median: 90.98 vs BRW: 89.34

Saba Capitalome & Opportunities Fund Pretax Margin % Historical Data

The historical data trend for Saba Capitalome & Opportunities Fund's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Saba Capitalome & Opportunities Fund Pretax Margin % Chart

Saba Capitalome & Opportunities Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Oct22 Oct23
Pretax Margin %
Get a 7-Day Free Trial 94.39 89.11 108.73 118.63 89.34

Saba Capitalome & Opportunities Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Apr22 Oct22 Apr23 Oct23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.96 123.95 114.46 95.97 66.27

Competitive Comparison of Saba Capitalome & Opportunities Fund's Pretax Margin %

For the Asset Management subindustry, Saba Capitalome & Opportunities Fund's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saba Capitalome & Opportunities Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Saba Capitalome & Opportunities Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Saba Capitalome & Opportunities Fund's Pretax Margin % falls into.



Saba Capitalome & Opportunities Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Saba Capitalome & Opportunities Fund's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=30.596/34.248
=89.34 %

Saba Capitalome & Opportunities Fund's Pretax Margin for the quarter that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=5.064/7.642
=66.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Saba Capitalome & Opportunities Fund  (NYSE:BRW) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Saba Capitalome & Opportunities Fund Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Saba Capitalome & Opportunities Fund's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
405 Lexington Avenue, 58th Floor, New York, NY, USA, 10174
Saba Capital Income & Opportunities Fund t 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.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Troy M Statczar officer: Principle Financial Officer 3 CANAL PLAZA, PORTLAND ME 04101
Nitin Sapru officer: Vice President 405 LEXINGTON AVE, 58TH FLOOR, NEW YORK NY 10174
Michael D'angelo officer: Secretary 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Patrick J Keniston officer: Chief Compliance Officer FORESIDE COMPLIANCE SERVICES, LLC, THREE CANAL PLAZA, SUITE 100, PORTLAND ME 04101
Pierre Weinstein officer: Chief Executive Officer C/O SABA CAPITAL MANAGEMENT L.P., 405 LEXINGTON AVENUE, 5TH FLOOR, NEW YORK NY 10174
Christopher P Sullivan other: Former Trustee 27 LEE TERRACE, SHORT HILLS NJ 07078
Thomas Bumbolow director C/O VOYA PRIME RATE TRUST, 7337 EAST DOUBLETREE RANCH RD., STE 100, SCOTTSDALE AZ 85258
Neal Neilinger director 126 CLAPBOARD RIDGE ROAD, GREENWICH CT 06830
Charles I Clarvit director TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kieran Goodwin director 925 PARK AVENUE 11B, NEW YORK NY 10028
Ketu Desai director 999 RIVERVIEW DR, SUITE 201, TOTOWA NJ 07512
Karen Caldwell director 10125 SOUTH BELL AVENUE, CHICAGO IL 60643
Aditya Bindal director 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Andrew Kellerman director 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174

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