Gilman Hill Asset Management LLC Buys 7,500 Shares of Saba Capital Income & Opportunities Fund II (NYSE:SABA)

Gilman Hill Asset Management LLC grew its stake in shares of Saba Capital Income & Opportunities Fund II (NYSE:SABA) by 75.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,500 shares of the company’s stock after acquiring an additional 7,500 shares during the period. Gilman Hill Asset Management LLC owned about 0.05% of Saba Capital Income & Opportunities Fund II worth $159,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Tidal Investments LLC raised its position in Saba Capital Income & Opportunities Fund II by 1.2% during the 3rd quarter. Tidal Investments LLC now owns 110,724 shares of the company’s stock valued at $942,000 after purchasing an additional 1,300 shares in the last quarter. International Assets Investment Management LLC lifted its stake in Saba Capital Income & Opportunities Fund II by 751.0% in the third quarter. International Assets Investment Management LLC now owns 4,255 shares of the company’s stock worth $36,000 after acquiring an additional 3,755 shares during the period. Independent Advisor Alliance increased its position in Saba Capital Income & Opportunities Fund II by 22.7% during the 3rd quarter. Independent Advisor Alliance now owns 74,825 shares of the company’s stock valued at $637,000 after purchasing an additional 13,850 shares during the period. Garden State Investment Advisory Services LLC purchased a new position in Saba Capital Income & Opportunities Fund II during the 3rd quarter valued at about $138,000. Finally, Catalina Capital Group LLC raised its holdings in shares of Saba Capital Income & Opportunities Fund II by 62.0% in the 3rd quarter. Catalina Capital Group LLC now owns 46,320 shares of the company’s stock valued at $394,000 after purchasing an additional 17,725 shares in the last quarter. Hedge funds and other institutional investors own 22.22% of the company’s stock.

Saba Capital Income & Opportunities Fund II Trading Up 0.7 %

NYSE SABA opened at $9.09 on Tuesday. Saba Capital Income & Opportunities Fund II has a 52-week low of $7.28 and a 52-week high of $9.24. The firm’s 50 day moving average price is $8.92 and its 200-day moving average price is $8.56.

Saba Capital Income & Opportunities Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 10th will be issued a $0.058 dividend. The ex-dividend date is Friday, January 10th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.66%.

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.