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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Tuesday, February 11th will be paid a dividend of 0.058 per share on Friday, February 28th. This represents a $0.70 annualized dividend and a yield of 7.52%. The ex-dividend date of this dividend is Tuesday, February 11th.

Saba Capital Income & Opportunities Fund II Trading Down 0.2 %

SABA traded down $0.02 during trading on Tuesday, reaching $9.26. The company’s stock had a trading volume of 79,381 shares, compared to its average volume of 138,981. The firm has a fifty day simple moving average of $9.03 and a two-hundred day simple moving average of $8.66. Saba Capital Income & Opportunities Fund II has a 1 year low of $7.28 and a 1 year high of $9.43.

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.