Saba Capital Income & Opportunities Fund II (NYSE:SABA) Shares Sold by Css LLC Il

Css LLC Il lowered its stake in Saba Capital Income & Opportunities Fund II (NYSE:SABA) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 125,692 shares of the company’s stock after selling 6,131 shares during the quarter. Css LLC Il’s holdings in Saba Capital Income & Opportunities Fund II were worth $1,139,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Thomas J. Herzfeld Advisors Inc. boosted its position in shares of Saba Capital Income & Opportunities Fund II by 152.0% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,436,590 shares of the company’s stock worth $13,016,000 after buying an additional 866,503 shares during the period. Kovitz Investment Group Partners LLC boosted its holdings in Saba Capital Income & Opportunities Fund II by 9.5% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 757,297 shares of the company’s stock valued at $6,861,000 after acquiring an additional 65,881 shares during the period. Wells Fargo & Company MN grew its position in Saba Capital Income & Opportunities Fund II by 933.7% in the 4th quarter. Wells Fargo & Company MN now owns 716,776 shares of the company’s stock valued at $6,494,000 after acquiring an additional 647,432 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Saba Capital Income & Opportunities Fund II by 36.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 698,491 shares of the company’s stock valued at $6,328,000 after acquiring an additional 184,965 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Saba Capital Income & Opportunities Fund II by 5.3% during the fourth quarter. Invesco Ltd. now owns 400,236 shares of the company’s stock worth $3,626,000 after purchasing an additional 20,227 shares during the period. Institutional investors and hedge funds own 22.22% of the company’s stock.

Saba Capital Income & Opportunities Fund II Price Performance

Shares of SABA opened at $8.64 on Thursday. The company’s 50-day simple moving average is $8.52 and its 200-day simple moving average is $8.82. Saba Capital Income & Opportunities Fund II has a 1 year low of $7.50 and a 1 year high of $9.43.

Saba Capital Income & Opportunities Fund II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 9th will be paid a dividend of $0.058 per share. This represents a $0.70 annualized dividend and a yield of 8.06%. The ex-dividend date of this dividend is Friday, May 9th.

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.