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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Tuesday, December 31st,Wall Street Journal reports. Investors of record on Friday, January 10th will be given a dividend of 0.085 per share on Friday, January 31st. This represents a $1.02 annualized dividend and a yield of 12.93%. The ex-dividend date of this dividend is Friday, January 10th.

Saba Capital Income & Opportunities Fund Stock Performance

NYSEARCA BRW opened at $7.89 on Wednesday. The stock’s 50-day simple moving average is $7.70 and its two-hundred day simple moving average is $7.45. Saba Capital Income & Opportunities Fund has a twelve month low of $6.86 and a twelve month 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.