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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 8.02%. The ex-dividend date is Wednesday, April 9th.

Saba Capital Income & Opportunities Fund II Stock Performance

NYSE:SABA traded down $0.01 during midday trading on Wednesday, reaching $8.68. The stock had a trading volume of 107,433 shares, compared to its average volume of 97,368. Saba Capital Income & Opportunities Fund II has a 1-year low of $7.40 and a 1-year high of $9.43. The firm’s fifty day simple moving average is $9.01 and its 200-day simple moving average is $8.84.

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.