Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) to Issue $0.09 Monthly Dividend

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Tuesday, July 2nd, investing.com reports. Investors of record on Tuesday, July 9th will be paid a dividend of 0.085 per share on Wednesday, July 31st. This represents a $1.02 annualized dividend and a dividend yield of 14.33%. The ex-dividend date of this dividend is Tuesday, July 9th.

Saba Capital Income & Opportunities Fund Trading Up 1.3 %

NYSEARCA:BRW opened at $7.12 on Thursday. The firm’s fifty day moving average price is $7.17 and its 200 day moving average price is $7.32. Saba Capital Income & Opportunities Fund has a 1-year low of $6.86 and a 1-year 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.