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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) declared a monthly dividend on Friday, February 27th. Shareholders of record on Tuesday, March 10th will be paid a dividend of 0.058 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Tuesday, March 10th.

Saba Capital Income & Opportunities Fund II Price Performance

Shares of SABA remained flat at $8.18 during midday trading on Friday. The stock had a trading volume of 94,128 shares, compared to its average volume of 132,860. Saba Capital Income & Opportunities Fund II has a 52 week low of $7.72 and a 52 week high of $9.46. The business has a 50-day simple moving average of $8.18 and a 200 day simple moving average of $8.65.

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.