Saba Capital Income & Opportunities Fund (BRW) To Go Ex-Dividend on September 9th

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

Saba Capital Income & Opportunities Fund Price Performance

Saba Capital Income & Opportunities Fund stock opened at $6.50 on Wednesday. Saba Capital Income & Opportunities Fund has a 1-year low of $6.38 and a 1-year high of $8.37. The business has a fifty day moving average price of $6.60 and a 200-day moving average price of $6.64.

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. 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.