Saba Capital Income & Opportunities Fund (BRW) to Issue Monthly Dividend of $0.09 on November 28th

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Friday, October 31st. Investors of record on Tuesday, November 11th will be given a dividend of 0.085 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 14.1%. The ex-dividend date is Monday, November 10th.

Saba Capital Income & Opportunities Fund Trading Down 1.0%

Shares of NYSEARCA BRW traded down $0.07 during midday trading on Friday, hitting $7.23. The company’s stock had a trading volume of 377,667 shares, compared to its average volume of 235,376. Saba Capital Income & Opportunities Fund has a 12-month low of $6.91 and a 12-month high of $8.49. The business’s 50 day moving average is $7.70 and its two-hundred day moving average is $7.88.

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.