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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a monthly dividend on Tuesday, December 31st,Wall Street Journal reports. Shareholders 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 dividend on an annualized basis and a yield of 12.93%. The ex-dividend date of this dividend is Friday, January 10th.

Saba Capital Income & Opportunities Fund Price Performance

Shares of NYSEARCA BRW opened at $7.89 on Wednesday. The firm has a fifty day moving average of $7.70 and a 200-day moving average of $7.45. Saba Capital Income & Opportunities Fund has a 52-week low of $6.86 and a 52-week 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.