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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a monthly dividend on Wednesday, July 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, July 9th will be paid a dividend of 0.085 per share on Thursday, July 31st. This represents a $1.02 annualized dividend and a dividend yield of 12.56%. The ex-dividend date of this dividend is Wednesday, July 9th.

Saba Capital Income & Opportunities Fund Price Performance

NYSEARCA BRW opened at $8.12 on Monday. Saba Capital Income & Opportunities Fund has a 12-month low of $6.90 and a 12-month high of $8.18. The firm has a 50-day moving average price of $7.75 and a two-hundred day moving average price of $7.70.

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.