Saba Capital Income & Opportunities Fund Declares $0.085 Monthly Distribution

Saba Capital Income & Opportunities Fund declared a monthly distribution of $0.085 per share on Oct. 30. The fund scheduled payment for Nov. 30 to shareholders of record on Nov. 10. Its shares trade on the New York Stock Exchange under the ticker BRW.

The payment is part of a managed distribution plan that sets a fixed monthly amount and excludes special dividends. If monthly investment income is insufficient, the plan allows the fund to use long-term capital gains and/or return of capital.

The source of this specific payment was not specified. The actual source of distributions is determined at year-end. “No level of distribution can be guaranteed,” the fund cautioned.