Saba Capital Income & Opportunities Fund II (SABA) to Issue Monthly Dividend of $0.06 on August 31st

Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Tuesday, August 11th will be given a dividend of 0.058 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Tuesday, August 11th.

Saba Capital Income & Opportunities Fund II Stock Up 0.9%

Shares of SABA opened at $8.34 on Wednesday. Saba Capital Income & Opportunities Fund II has a 1-year low of $7.96 and a 1-year high of $9.46. The firm’s 50-day moving average price is $8.32 and its 200-day moving average price is $8.28.

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.