Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) Declares Monthly Dividend of $0.09

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) declared a monthly dividend on Friday, November 1st, Wall Street Journal reports. Stockholders of record on Monday, November 11th will be paid a dividend of 0.085 per share on Friday, November 29th. This represents a $1.02 annualized dividend and a dividend yield of 13.51%. The ex-dividend date of this dividend is Friday, November 8th.

Saba Capital Income & Opportunities Fund Trading Up 0.5 %

NYSEARCA:BRW traded up $0.04 during mid-day trading on Wednesday, hitting $7.55. The stock had a trading volume of 38,726 shares, compared to its average volume of 158,223. The company has a 50 day simple moving average of $7.43 and a 200-day simple moving average of $7.28. Saba Capital Income & Opportunities Fund has a 52 week low of $6.86 and a 52 week high of $7.94.

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.