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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Tuesday, March 11th will be paid a dividend of 0.058 per share on Monday, March 31st. This represents a $0.70 annualized dividend and a dividend yield of 7.80%. The ex-dividend date of this dividend is Tuesday, March 11th.

Saba Capital Income & Opportunities Fund II Price Performance

NYSE:SABA traded down $0.16 during trading hours on Tuesday, reaching $8.93. 130,403 shares of the company traded hands, compared to its average volume of 103,403. The firm’s 50-day moving average is $9.12 and its 200-day moving average is $8.79. Saba Capital Income & Opportunities Fund II has a 1-year low of $7.40 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.