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

Saba Capital Income & Opportunities Fund II (NYSE:SABA – Get Free Report) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Friday, October 9th will be given a dividend of $0.0580 per share on Friday, October 30th. This represents a $0.70 annualized dividend and a yield of 8.8%. The ex-dividend date is Friday, October 9th.

Saba Capital Income & Opportunities Fund II Stock Down 0.5%

Shares of NYSE SABA traded down $0.04 during midday trading on Thursday, reaching $7.93. The stock had a trading volume of 57,374 shares, compared to its average volume of 75,448. Saba Capital Income & Opportunities Fund II has a twelve month low of $7.80 and a twelve month high of $9.18. The company’s 50 day moving average price is $8.19 and its 200 day moving average price is $8.29.

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Saba Capital Income & Opportunities Fund II Company Profile

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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.

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