Saba Capital Income & Opportunities Fund (BRW) Declares $0.048 Monthly Dividend; 12.7% Yield

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BRW - $0.048 December Dividend

January 3, 2022 8:45 AM EST

NEW YORK--(BUSINESS WIRE)-- Saba Capital Income & Opportunities Fund (NYSE: BRW) (the Fund), a closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.048 per share on December 31, 2021, payable on January 26, 2022 to shareholders of record as of January 10, 2022. The Fund also announced that its Board of Trustees (the Board) has approved an increase in the annual minimum fixed distribution rate under its managed distribution plan to 12.00%.

Managed Distribution Plan. The above distribution was declared in accordance with the Funds managed distribution plan, whereby the Fund will make... More