Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Total Assets : $649.97 Mil (As of Oct. 2023)

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What is Saba Capitalome & Opportunities Fund Total Assets?

Saba Capitalome & Opportunities Fund's Total Assets for the quarter that ended in Oct. 2023 was $649.97 Mil.

During the past 12 months, Saba Capitalome & Opportunities Fund's average Total Assets Growth Rate was 17.70% per year. During the past 3 years, the average Total Assets Growth Rate was -17.80% per year. During the past 5 years, the average Total Assets Growth Rate was -16.10% per year.

During the past 6 years, Saba Capitalome & Opportunities Fund's highest 3-Year average Total Assets Growth Rate was -17.80%. The lowest was -22.80%. And the median was -19.10%.

Total Assets is connected with ROA %. Saba Capitalome & Opportunities Fund's annualized ROA % for the quarter that ended in Oct. 2023 was 1.62%. Total Assets is also linked to Revenue through Asset Turnover. Saba Capitalome & Opportunities Fund's Asset Turnover for the quarter that ended in Oct. 2023 was 0.01.

Saba Capitalome & Opportunities Fund Total Assets Historical Data

The historical data trend for Saba Capitalome & Opportunities Fund's Total Assets 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 Total Assets Chart

Saba Capitalome & Opportunities Fund Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Oct22

Oct23

Total Assets

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1,179.26

1,150.52

650.37

548.46

649.97

Saba Capitalome & Opportunities Fund Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Apr22	Oct22	Apr23	Oct23
Total Assets	Get a 7-Day Free Trial								477.13	518.42	548.46	602.70	649.97

Saba Capitalome & Opportunities Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	353.867	+	296.104
	=	649.97

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

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	353.867	+	296.104
	=	649.97

Saba Capitalome & Opportunities Fund (NYSE:BRW) Total Assets Explanation

Total Assets is connected with ROA %.

Saba Capitalome & Opportunities Fund's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	10.128	/	( (602.7	+	649.972)	/ 2 )
	=	10.128	/	626.336
	=	1.62 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Saba Capitalome & Opportunities Fund's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	7.642	/	( (602.7	+	649.972)	/ 2 )
=	7.642	/	626.336
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Saba Capitalome & Opportunities Fund Total Assets Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Saba Capital Income & Opportunities Fund (NYSE:BRW) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 Lexington Avenue, 58th Floor, New York, NY, USA, 10174

Website

https://www.sabacef.com

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