Saba Capital Income & Opportunities Fund (BRW) To Go Ex-Dividend on August 11th

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Friday, July 31st. Stockholders of record on Tuesday, August 11th will be paid a dividend of 0.085 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 15.3%. The ex-dividend date is Tuesday, August 11th.

Saba Capital Income & Opportunities Fund Price Performance

NYSEARCA BRW opened at $6.67 on Friday. The company’s 50 day moving average is $6.64 and its 200-day moving average is $6.67. Saba Capital Income & Opportunities Fund has a 12-month low of $6.38 and a 12-month high of $8.46.

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.