Saba Capital Income & Opportunities Fund (BRW) to Issue Monthly Dividend of $0.09 on September 30th

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

Saba Capital Income & Opportunities Fund Stock Performance

BRW opened at $7.40 on Friday. The stock has a fifty day moving average of $7.26 and a 200-day moving average of $7.23. Saba Capital Income & Opportunities Fund has a 12-month low of $6.86 and a 12-month 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.