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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced a monthly dividend on Wednesday, September 30th. 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 of this dividend is Friday, October 9th.

Saba Capital Income & Opportunities Fund II Stock Performance

Shares of Saba Capital Income & Opportunities Fund II stock opened at $7.93 on Friday. Saba Capital Income & Opportunities Fund II has a 12-month low of $7.80 and a 12-month high of $9.18. The firm’s 50 day simple moving average is $8.18 and its two-hundred day simple moving average is $8.29.

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. Morgan Global Government Bond Index. Saba Capital Income & Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.