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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Investors of record on Thursday, May 9th will be paid a dividend of 0.085 per share on Friday, May 31st. This represents a $1.02 annualized dividend and a yield of 14.01%. The ex-dividend date is Wednesday, May 8th.

Saba Capital Income & Opportunities Fund Price Performance

Shares of BRW stock opened at $7.28 on Friday. The company’s 50 day moving average is $7.25 and its 200 day moving average is $7.45. Saba Capital Income & Opportunities Fund has a 52-week low of $7.02 and a 52-week high of $8.07.

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.