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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, March 11th will be paid a dividend of 0.085 per share on Monday, March 31st. This represents a $1.02 annualized dividend and a dividend yield of 12.94%. The ex-dividend date of this dividend is Tuesday, March 11th.

Saba Capital Income & Opportunities Fund Stock Performance

BRW opened at $7.88 on Wednesday. The business has a fifty day moving average of $7.80 and a 200 day moving average of $7.63. Saba Capital Income & Opportunities Fund has a 52-week low of $6.86 and a 52-week high of $8.04.

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.