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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRWGet Free Report) announced a monthly dividend on Friday, May 29th. Stockholders of record on Tuesday, June 9th will be given a dividend of 0.085 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 15.2%. The ex-dividend date of this dividend is Tuesday, June 9th.

Saba Capital Income & Opportunities Fund Trading Down 1.0%

BRW stock opened at $6.70 on Friday. Saba Capital Income & Opportunities Fund has a 1 year low of $6.38 and a 1 year high of $8.49. The stock has a 50-day simple moving average of $6.78 and a 200-day simple moving average of $6.81.

About Saba Capital Income & Opportunities Fund

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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.

See Also

Dividend History for Saba Capital Income & Opportunities Fund (NYSEARCA:BRW)

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