Saba Capital Income & Opportunities Fund (NYSEARCA:BRW – Get Free Report) traded down 0.3% on Friday . The stock traded as low as $7.72 and last traded at $7.75. 163,932 shares changed hands during trading, a decline of 50% from the average session volume of 325,095 shares. The stock had previously closed at $7.77.
Saba Capital Income & Opportunities Fund Stock Down 0.3 %
The stock has a 50 day simple moving average of $7.76 and a 200-day simple moving average of $7.51.
Saba Capital Income & Opportunities Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 10th will be issued a $0.085 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 13.16%. The ex-dividend date is Friday, January 10th.
Hedge Funds Weigh In On Saba Capital Income & Opportunities Fund
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.
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