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

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Tuesday, February 11th will be given a dividend of 0.085 per share on Friday, February 28th. This represents a $1.02 annualized dividend and a dividend yield of 12.99%. The ex-dividend date of this dividend is Tuesday, February 11th.

Saba Capital Income & Opportunities Fund Trading Down 0.9 %

Shares of BRW opened at $7.85 on Wednesday. The business’s fifty day moving average is $7.79 and its 200 day moving average is $7.55. Saba Capital Income & Opportunities Fund has a 12-month low of $6.86 and a 12-month high of $8.04.

About Saba Capital Income & Opportunities Fund

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.