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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Investors 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 annualized dividend and a yield of 12.86%. The ex-dividend date is Friday, January 10th.

Saba Capital Income & Opportunities Fund Price Performance

Shares of BRW stock traded up $0.12 during trading hours on Friday, reaching $7.93. 257,210 shares of the company’s stock were exchanged, compared to its average volume of 233,655. Saba Capital Income & Opportunities Fund has a 1 year low of $6.86 and a 1 year high of $8.04. The stock’s fifty day moving average price is $7.67 and its two-hundred day moving average price is $7.42.

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.