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Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Scaled Net Operating Assets : 0.67 (As of Oct. 2023)


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What is Saba Capitalome & Opportunities Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Saba Capitalome & Opportunities Fund's operating assets for the quarter that ended in Oct. 2023 was $638.68 Mil. Saba Capitalome & Opportunities Fund's operating liabilities for the quarter that ended in Oct. 2023 was $236.63 Mil. Saba Capitalome & Opportunities Fund's Total Assets for the quarter that ended in Apr. 2023 was $602.70 Mil. Therefore, Saba Capitalome & Opportunities Fund's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2023 was 0.67.

Saba Capitalome & Opportunities Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Saba Capitalome & Opportunities Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(638.68-236.632)/548.46
=0.73

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=649.972 - 11.292
=638.68

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=296.104 - 59.472 - 0
=236.632

Saba Capitalome & Opportunities Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2023 )
=(Operating Assets (Q: Oct. 2023 )-Operating Liabilities (Q: Oct. 2023 ))/Total Assets (Q: Apr. 2023 )
=(638.68-236.632)/602.7
=0.67

where

Operating Assets(Q: Oct. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=649.972 - 11.292
=638.68

Operating Liabilities(Q: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=296.104 - 59.472 - 0
=236.632

* 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.

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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 » Scaled Net Operating Assets
Comparable Companies
DPG LEO TYG SOR PPT VKI SAR KIO DFP KMF BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
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