Saba Capital Income & Opportunities Fund (NYSE:BRW – Get Free Report) declared a monthly dividend on Wednesday, September 30th. Stockholders of record on Friday, October 9th will be given a dividend of $0.0850 per share on Friday, October 30th. This represents a $1.02 annualized dividend and a dividend yield of 16.8%. The ex-dividend date is Friday, October 9th.
Saba Capital Income & Opportunities Fund has raised its dividend payment by an average of 45.7%annually over the last three years.
Saba Capital Income & Opportunities Fund Stock Up 1.1%
Shares of BRW opened at $6.08 on Friday. The company has a 50-day simple moving average of $6.43 and a 200-day simple moving average of $6.60. Saba Capital Income & Opportunities Fund has a 52 week low of $5.99 and a 52 week high of $7.75.
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.
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