Saba Capital SPAC Opportunities

Saba’s SPAC strategy invests in SPAC securities issued at IPO and the secondary market when trading below or near trust value ($10). Saba’s strategy focuses on actively trading the units, warrants, and listed equity options on SPACs to reduce the cost basis relative to trust value. In doing so, the strategy seeks to own the SPAC common equity at discount to the Trust collateral, offering positive yield to maturity while retaining upside optionality to deal announcement.

Avkastning 2021 Class A (SPACs only): +1.30% (oktober), Class B (SPACs, PIPEs and Sponsor Equity): +6.20%