Doliver Advisors LP Purchases New Shares in Saba Capital Income & Opportunities Fund II $SABA

Doliver Advisors LP purchased a new position in Saba Capital Income & Opportunities Fund II (NYSE:SABA) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 140,000 shares of the company’s stock, valued at approximately $1,169,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Flax Pond Capital LLC raised its stake in shares of Saba Capital Income & Opportunities Fund II by 5.9% in the first quarter. Flax Pond Capital LLC now owns 299,313 shares of the company’s stock valued at $2,490,000 after acquiring an additional 16,780 shares during the period. Rivernorth Capital Management LLC boosted its stake in shares of Saba Capital Income & Opportunities Fund II by 2.4% during the 1st quarter. Rivernorth Capital Management LLC now owns 2,857,603 shares of the company’s stock worth $23,775,000 after purchasing an additional 66,554 shares during the period. Royal Bank of Canada grew its holdings in Saba Capital Income & Opportunities Fund II by 227.5% during the 1st quarter. Royal Bank of Canada now owns 22,768 shares of the company’s stock valued at $189,000 after purchasing an additional 15,815 shares during the last quarter. Private Advisor Group LLC grew its holdings in Saba Capital Income & Opportunities Fund II by 10.1% during the 1st quarter. Private Advisor Group LLC now owns 87,448 shares of the company’s stock valued at $728,000 after purchasing an additional 8,000 shares during the last quarter. Finally, Comprehensive Money Management Services LLC grew its holdings in Saba Capital Income & Opportunities Fund II by 9.5% during the 1st quarter. Comprehensive Money Management Services LLC now owns 125,898 shares of the company’s stock valued at $1,047,000 after purchasing an additional 10,975 shares during the last quarter. 22.22% of the stock is owned by hedge funds and other institutional investors.

Saba Capital Income & Opportunities Fund II Price Performance

Saba Capital Income & Opportunities Fund II stock opened at $8.31 on Wednesday. Saba Capital Income & Opportunities Fund II has a 1-year low of $7.96 and a 1-year high of $9.38. The company’s 50-day moving average is $8.30 and its 200 day moving average is $8.28.

Saba Capital Income & Opportunities Fund II Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Tuesday, August 11th will be paid a dividend of $0.058 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%.

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.