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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 10th will be given a dividend of 0.085 per share on Tuesday, December 31st. This represents a $1.02 annualized dividend and a yield of 12.93%. The ex-dividend date of this dividend is Tuesday, December 10th.

Saba Capital Income & Opportunities Fund Stock Performance

NYSEARCA BRW traded down $0.02 during trading on Tuesday, hitting $7.89. 266,964 shares of the company’s stock traded hands, compared to its average volume of 159,057. The stock has a fifty day moving average of $7.52 and a two-hundred day moving average of $7.34. Saba Capital Income & Opportunities Fund has a 12-month low of $6.86 and a 12-month high of $7.94.

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.