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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, March 11th will be given a dividend of 0.058 per share on Monday, March 31st. This represents a $0.70 annualized dividend and a dividend yield of 7.83%. The ex-dividend date is Tuesday, March 11th.

Saba Capital Income & Opportunities Fund II Price Performance

Saba Capital Income & Opportunities Fund II stock opened at $8.89 on Friday. The company’s fifty day moving average price is $9.11 and its 200 day moving average price is $8.81. Saba Capital Income & Opportunities Fund II has a 1 year low of $7.40 and a 1 year high of $9.43.

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.