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

Key Points

• Saba Capital Income & Opportunities Fund II has declared a monthly dividend of $0.06 per share, with a record date of September 10th and a payment date of September 30th, reflecting an annualized yield of 7.5%.
• The fund's stock opened at $9.27 and has fluctuated between a 1-year low of $7.72 and a high of $9.46, indicating stable performance within this range.
• Managed by Saba Capital Management, L.P., the fund primarily invests in global government bonds as part of its fixed income strategy.

Saba Capital Income & Opportunities Fund II (NYSE:SABA - Get Free Report) declared a monthly dividend on Friday, August 29th. Investors of record on Wednesday, September 10th will be paid a dividend of 0.058 per share on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Wednesday, September 10th.

Saba Capital Income & Opportunities Fund II Stock Performance

Shares of SABA traded up $0.02 on Friday, hitting $9.19. 63,475 shares of the stock traded hands, compared to its average volume of 71,995. The stock's 50 day moving average is $9.26 and its two-hundred day moving average is $8.90. Saba Capital Income & Opportunities Fund II has a 1 year low of $7.72 and a 1 year 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.