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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a monthly dividend on Friday, July 31st. Investors of record on Tuesday, August 11th will be given a dividend of 0.085 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 15.3%. The ex-dividend date is Tuesday, August 11th.

Saba Capital Income & Opportunities Fund Trading Down 0.3%

NYSEARCA BRW opened at $6.67 on Friday. Saba Capital Income & Opportunities Fund has a twelve month low of $6.38 and a twelve month high of $8.46. The firm’s 50 day moving average price is $6.64 and its two-hundred day moving average price is $6.67.

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. It primarily invests in floating rate secured senior loans, with an emphasis on top-tier, non-investment grade senior loans. The fund seeks to invest in loans with maturities of one to ten years.