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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Friday, February 27th. Shareholders of record on Tuesday, March 10th will be paid a dividend of 0.085 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 15.5%. The ex-dividend date is Tuesday, March 10th.

Saba Capital Income & Opportunities Fund Stock Performance

Saba Capital Income & Opportunities Fund stock opened at $6.56 on Friday. Saba Capital Income & Opportunities Fund has a 1 year low of $6.38 and a 1 year high of $8.49. The firm’s 50-day moving average is $6.73 and its 200-day moving average is $7.26.

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.