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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, April 9th will be paid a dividend of 0.058 per share on Wednesday, April 30th. This represents a $0.70 annualized dividend and a dividend yield of 8.02%. The ex-dividend date is Wednesday, April 9th.

Saba Capital Income & Opportunities Fund II Trading Down 0.1 %

Shares of NYSE SABA opened at $8.68 on Thursday. Saba Capital Income & Opportunities Fund II has a 12-month low of $7.40 and a 12-month high of $9.43. The stock has a 50 day simple moving average of $9.01 and a 200-day simple moving average of $8.84.

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.