Saba Capital Income & Opportunities Fund (BRW) To Go Ex-Dividend on November 8th

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a monthly dividend on Friday, November 1st, Wall Street Journal reports. Investors of record on Monday, November 11th will be paid a dividend of 0.085 per share on Friday, November 29th. This represents a $1.02 dividend on an annualized basis and a yield of 13.58%. The ex-dividend date is Friday, November 8th.

Saba Capital Income & Opportunities Fund Price Performance

NYSEARCA BRW remained flat at $7.51 on Wednesday. 11,506 shares of the company traded hands, compared to its average volume of 158,097. The firm’s fifty day simple moving average is $7.43 and its 200 day simple moving average is $7.28. Saba Capital Income & Opportunities Fund has a 1-year low of $6.86 and a 1-year high of $7.94.

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.