Saba Capital Income & Opportunities Fund II (NYSE:SABA) Announces $0.06 Aug 25 Dividend

Key Points

• Saba Capital Income & Opportunities Fund II will pay a dividend of $0.06 per share on August 29 for investors of record as of August 11.
• The fund's stock experienced a slight decrease of 0.4%, trading at $9.28, with a twelve-month trading range between $7.72 and $9.43.
• Institutional investors have been increasing their holdings in Saba Capital, with significant increases reported by major firms such as Wells Fargo and Thomas J. Herzfeld Advisors Inc..

Saba Capital Income & Opportunities Fund II (NYSE:SABA - Get Free Report) declared a aug 25 dividend on Friday, August 1st, RTT News reports. Shareholders of record on Monday, August 11th will be given a dividend of 0.058 per share on Friday, August 29th. This represents a yield of 740.0%. The ex-dividend date is Monday, August 11th.

Saba Capital Income & Opportunities Fund II Stock Down 0.1%

Shares of NYSE SABA traded down $0.01 during trading on Tuesday, reaching $9.41. 61,331 shares of the stock traded hands, compared to its average volume of 80,185. Saba Capital Income & Opportunities Fund II has a 52-week low of $7.72 and a 52-week high of $9.45. The company has a 50-day moving average of $9.08 and a 200-day moving average of $8.88.

About Saba Capital Income & Opportunities Fund II

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.