Quantify Chaos Advisors LLC Purchases New Stake in Saba Capital Income & Opportunities Fund II $SABA

Quantify Chaos Advisors LLC purchased a new stake in shares of Saba Capital Income & Opportunities Fund II (NYSE:SABA) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 176,134 shares of the company’s stock, valued at approximately $1,453,000. Saba Capital Income & Opportunities Fund II comprises about 4.4% of Quantify Chaos Advisors LLC’s investment portfolio, making the stock its 5th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Seven Mile Advisory acquired a new position in shares of Saba Capital Income & Opportunities Fund II in the third quarter valued at approximately $2,222,000. TrueMark Investments LLC acquired a new stake in Saba Capital Income & Opportunities Fund II during the 3rd quarter worth approximately $1,897,000. Scotia Capital Inc. lifted its holdings in Saba Capital Income & Opportunities Fund II by 17.8% during the 3rd quarter. Scotia Capital Inc. now owns 428,883 shares of the company’s stock worth $3,911,000 after purchasing an additional 64,711 shares during the last quarter. Baird Financial Group Inc. boosted its stake in Saba Capital Income & Opportunities Fund II by 101.2% in the 2nd quarter. Baird Financial Group Inc. now owns 99,116 shares of the company’s stock valued at $911,000 after purchasing an additional 49,852 shares during the period. Finally, Hara Capital LLC boosted its stake in Saba Capital Income & Opportunities Fund II by 62.1% in the 4th quarter. Hara Capital LLC now owns 124,911 shares of the company’s stock valued at $1,031,000 after purchasing an additional 47,836 shares during the period. 22.22% of the stock is owned by institutional investors.

Saba Capital Income & Opportunities Fund II Stock Down 2.1%

Shares of NYSE SABA opened at $8.22 on Wednesday. The stock’s fifty day moving average price is $8.33 and its two-hundred day moving average price is $8.38. Saba Capital Income & Opportunities Fund II has a one year low of $7.96 and a one year high of $9.46.

Saba Capital Income & Opportunities Fund II Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Monday, May 11th will be given a $0.058 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date of this dividend is Monday, May 11th.

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. Morgan Global Government Bond Index. Saba Capital Income & Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.