Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) Plans Dividend of $0.09

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a dividend on Tuesday, July 2nd, investing.com reports. Stockholders of record on Wednesday, July 10th will be given a dividend of 0.085 per share on Wednesday, July 31st. This represents a dividend yield of 14.45%. The ex-dividend date of this dividend is Tuesday, July 9th.

Saba Capital Income & Opportunities Fund Stock Performance

Shares of BRW traded down $0.03 during trading hours on Tuesday, hitting $7.03. The stock had a trading volume of 88,411 shares, compared to its average volume of 168,576. The firm has a 50-day moving average price of $7.17 and a 200 day moving average price of $7.32. Saba Capital Income & Opportunities Fund has a fifty-two week low of $6.86 and a fifty-two week high of $8.04.

About Saba Capital Income & Opportunities Fund

Saba Capital Income & Opportunities Fund is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is managed by Saba Capital Management, L.P. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.