Saba Capital Income & Opportunities Fund (BRW) To Go Ex-Dividend on January 10th

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Tuesday, December 31st,Wall Street Journal reports. Stockholders of record on Friday, January 10th will be paid a dividend of 0.085 per share on Friday, January 31st. This represents a $1.02 annualized dividend and a dividend yield of 12.93%. The ex-dividend date is Friday, January 10th.

Saba Capital Income & Opportunities Fund Stock Performance

Shares of BRW stock opened at $7.89 on Wednesday. The business has a fifty day simple moving average of $7.70 and a 200-day simple moving average of $7.45. Saba Capital Income & Opportunities Fund has a fifty-two week low of $6.86 and a fifty-two week high of $8.04.

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.