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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 10th will be paid a dividend of 0.085 per share on Tuesday, December 31st. This represents a $1.02 dividend on an annualized basis and a dividend yield of 12.93%. The ex-dividend date of this dividend is Tuesday, December 10th.

Saba Capital Income & Opportunities Fund Price Performance

Shares of NYSEARCA:BRW traded down $0.02 during trading on Tuesday, hitting $7.89. 266,964 shares of the stock were exchanged, compared to its average volume of 159,057. The company’s fifty day simple moving average is $7.52 and its 200-day simple moving average is $7.34. Saba Capital Income & Opportunities Fund has a 1-year low of $6.86 and a 1-year high of $7.94.

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.