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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) declared a monthly dividend on Monday, August 31st. Shareholders of record on Wednesday, September 9th will be paid a dividend of 0.058 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date is Wednesday, September 9th.

Saba Capital Income & Opportunities Fund II Stock Performance

Shares of NYSE:SABA traded down $0.02 during trading on Tuesday, reaching $8.25. 75,192 shares of the company were exchanged, compared to its average volume of 77,290. The business’s fifty day simple moving average is $8.27 and its 200-day simple moving average is $8.29. Saba Capital Income & Opportunities Fund II has a 12-month low of $7.80 and a 12-month high of $9.36.

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.