Saba Capital Income & Opportunities Fund (BRW) to Issue Monthly Dividend of $0.09 on May 31st

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Stockholders 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 dividend yield of 14.01%. The ex-dividend date is Wednesday, May 8th.

Saba Capital Income & Opportunities Fund Trading Down 0.1 %

Shares of NYSEARCA BRW opened at $7.28 on Friday. Saba Capital Income & Opportunities Fund has a 12 month low of $7.02 and a 12 month high of $8.07. The stock has a 50 day moving average of $7.25 and a 200-day moving average of $7.45.

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.