Saba Capital Income & Opportunities Fund (BRW) to Issue Monthly Dividend of $0.09 on November 29th

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a monthly dividend on Friday, November 1st, Wall Street Journal reports. Investors of record on Monday, November 11th will be given a dividend of 0.085 per share on Friday, November 29th. This represents a $1.02 dividend on an annualized basis and a yield of 13.51%. The ex-dividend date of this dividend is Friday, November 8th.

Saba Capital Income & Opportunities Fund Trading Up 0.5 %

NYSEARCA BRW traded up $0.04 on Wednesday, hitting $7.55. 38,726 shares of the stock traded hands, compared to its average volume of 158,223. The stock has a 50-day moving average of $7.43 and a 200 day moving average of $7.28. Saba Capital Income & Opportunities Fund has a twelve month low of $6.86 and a twelve month high of $7.94.

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.