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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors 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 yield of 7.80%. The ex-dividend date is Tuesday, March 11th.

Saba Capital Income & Opportunities Fund II Price Performance

NYSE SABA traded down $0.16 during trading on Tuesday, reaching $8.93. The company’s stock had a trading volume of 130,403 shares, compared to its average volume of 103,403. The firm has a fifty day moving average of $9.12 and a 200 day moving average of $8.79. Saba Capital Income & Opportunities Fund II has a one year low of $7.40 and a one 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.