Saba Capital Income & Opportunities Fund to Issue Monthly Dividend of $0.09 (NYSEARCA:BRW)

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a monthly dividend on Friday, August 30th, Wall Street Journal reports. Stockholders of record on Tuesday, September 10th will be given a dividend of 0.085 per share on Monday, September 30th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 13.78%. The ex-dividend date of this dividend is Tuesday, September 10th.

Saba Capital Income & Opportunities Fund Stock Performance

Shares of NYSEARCA BRW opened at $7.40 on Friday. The stock has a 50 day moving average price of $7.26 and a 200 day moving average price of $7.23. Saba Capital Income & Opportunities Fund has a 52-week low of $6.86 and a 52-week high of $8.00.

Saba Capital Income & Opportunities Fund Company Profile

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.