Saba Capital Income & Opportunities Fund (BRW) To Go Ex-Dividend on January 12th

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Monday, January 12th will be given a dividend of 0.085 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 14.7%. The ex-dividend date is Monday, January 12th.

Saba Capital Income & Opportunities Fund Stock Down 0.1%

BRW opened at $6.96 on Friday. Saba Capital Income & Opportunities Fund has a twelve month low of $6.91 and a twelve month high of $8.49. The company has a fifty day simple moving average of $7.12 and a 200 day simple moving average of $7.70.

Institutional Trading of Saba Capital Income & Opportunities Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Cerity Partners LLC boosted its holdings in Saba Capital Income & Opportunities Fund by 3.3% in the second quarter. Cerity Partners LLC now owns 47,562 shares of the company’s stock valued at $383,000 after purchasing an additional 1,525 shares during the last quarter. Baird Financial Group Inc. raised its position in shares of Saba Capital Income & Opportunities Fund by 1.1% in the 2nd quarter. Baird Financial Group Inc. now owns 148,026 shares of the company’s stock valued at $1,193,000 after purchasing an additional 1,655 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in shares of Saba Capital Income & Opportunities Fund by 1.4% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 145,833 shares of the company’s stock valued at $1,068,000 after purchasing an additional 1,988 shares in the last quarter. SeaCrest Wealth Management LLC boosted its stake in shares of Saba Capital Income & Opportunities Fund by 4.9% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 45,759 shares of the company’s stock valued at $348,000 after buying an additional 2,152 shares during the last quarter. Finally, Modern Wealth Management LLC grew its position in shares of Saba Capital Income & Opportunities Fund by 1.4% during the third quarter. Modern Wealth Management LLC now owns 161,452 shares of the company’s stock worth $1,254,000 after buying an additional 2,197 shares in the last quarter.

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.