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Posted by
Two Blokes Jun 17 -
Filed in
Stock
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5 views
Both BRW and SABA offer hedge fund-like strategies in a closed-end fund format, providing diversification and no performance fees. BRW currently offers a higher distribution yield (13.01%) and trades at a 6.56% discount to NAV, while SABA yields 7.70% at an 8.69% discount. Portfolio allocations have shifted, with both funds reducing SPAC exposure and holding large short positions in sovereign debt, emphasizing active management.