Saba Capital Income & Opportunities Fund II (NYSE:SABA) Plans $0.06 Monthly Dividend

Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced a monthly dividend on Tuesday, June 30th. Investors of record on Thursday, July 9th will be given a dividend of 0.058 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date is Thursday, July 9th.

Saba Capital Income & Opportunities Fund II Price Performance

SABA remained flat at $8.35 during midday trading on Wednesday. 53,755 shares of the company’s stock were exchanged, compared to its average volume of 87,346. The company’s 50 day moving average is $8.39 and its 200-day moving average is $8.30. Saba Capital Income & Opportunities Fund II has a 1 year low of $7.96 and a 1 year high of $9.46.

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.