Saba Capital Income & Opportunities Fund II Declares 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 dividend on an annualized basis and a yield of 8.02%. The ex-dividend date of this dividend is Wednesday, April 9th.

Saba Capital Income & Opportunities Fund II Stock Performance

Shares of NYSE:SABA traded down $0.01 on Wednesday, hitting $8.68. 107,433 shares of the company were exchanged, compared to its average volume of 97,368. The company’s 50 day moving average price is $9.01 and its two-hundred day moving average price is $8.84. Saba Capital Income & Opportunities Fund II has a one year low of $7.40 and a one 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.