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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) declared a monthly dividend on Friday, October 31st. Stockholders of record on Tuesday, November 11th will be paid a dividend of 0.058 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Monday, November 10th.

Saba Capital Income & Opportunities Fund II Trading Up 0.5%

NYSE SABA traded up $0.05 during trading hours on Friday, hitting $8.68. 92,211 shares of the company’s stock were exchanged, compared to its average volume of 59,922. Saba Capital Income & Opportunities Fund II has a 1-year low of $7.72 and a 1-year high of $9.46. The stock has a 50-day simple moving average of $9.01 and a 200 day simple moving average of $9.01.

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.