Saba Capital Income & Opportunities Fund II (NYSE:SABA) Announces Monthly Dividend of $0.06

Key Points

• Saba Capital Income & Opportunities Fund II (NYSE:SABA) declared a monthly dividend of $0.058 per share, payable April 30 to shareholders of record on April 9 (ex-dividend date April 9), implying an annualized yield of 8.3%.
• The fund is a closed‑ended, actively managed fixed‑income vehicle run by Saba Capital Management that primarily invests in government bonds and benchmarks the J.P. Morgan Global Government Bond Index.
• Shares opened at $8.40, trading in a 12‑month range of $7.72–$9.46, with a 50‑day moving average of $8.12 and a 200‑day moving average of $8.49.

Saba Capital Income & Opportunities Fund II (NYSE:SABA - Get Free Report) declared a monthly dividend on Tuesday, March 31st. Shareholders of record on Thursday, April 9th will be given a dividend of 0.058 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Thursday, April 9th.

Saba Capital Income & Opportunities Fund II Trading Up 0.2%

NYSE SABA opened at $8.40 on Tuesday. The business's 50 day moving average is $8.12 and its two-hundred day moving average is $8.49. Saba Capital Income & Opportunities Fund II has a 12-month low of $7.72 and a 12-month high of $9.46.

Saba Capital Income & Opportunities Fund II Company Profile

Saba Capital Income & Opportunities Fund II is a closed-ended fixed income mutual fund launched and managed by Saba Capital Management, L.P. The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P. Morgan Global Government Bond Index. Saba Capital Income & Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.

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