We focus on strategies where Saba can have a discernable edge and bring differentiated ideas to the market.
Saba focuses on identifying dislocations across the capital structure.
Long / short, market neutral approach in credit and equity markets
Designed to benefit from market volatility
Saba seeks to provide a cost-effective portfolio hedge during periods of market stress and dislocation.
Express long volatility positions primarily by buying credit default swaps ("CDS") on low spread companies to capture the asymmetric nature of credit
Aim to outperform passive index strategies by using proprietary tools and active portfolio management
Saba typically purchases closed-end fund securities that trade at significant discounts to NAV.
Selectively pursue an activist approach where corporate actions may be an effective tool to unlock shareholder value and monetize the discount to NAV