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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a monthly dividend on Monday, August 31st. Stockholders of record on Wednesday, September 9th will be given a dividend of 0.085 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 15.7%. The ex-dividend date of this dividend is Wednesday, September 9th.

Saba Capital Income & Opportunities Fund Trading Down 0.9%

BRW stock traded down $0.06 during trading on Tuesday, hitting $6.50. 241,032 shares of the company traded hands, compared to its average volume of 243,900. Saba Capital Income & Opportunities Fund has a 1 year low of $6.38 and a 1 year high of $8.37. The company has a 50-day moving average of $6.60 and a 200-day moving average of $6.64.

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. 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.