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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Stockholders of record on Friday, January 10th will be paid a dividend of 0.085 per share on Friday, January 31st. This represents a $1.02 dividend on an annualized basis and a dividend yield of 12.86%. The ex-dividend date of this dividend is Friday, January 10th.

Saba Capital Income & Opportunities Fund Price Performance

Saba Capital Income & Opportunities Fund stock traded up $0.12 during trading hours on Friday, hitting $7.93. The company had a trading volume of 257,210 shares, compared to its average volume of 233,655. The company has a 50-day moving average price of $7.67 and a two-hundred day moving average price of $7.42. Saba Capital Income & Opportunities Fund has a 1 year low of $6.86 and a 1 year high of $8.04.

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.