Saba Capital Income & Opportunities Fund II Plans 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. 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 of this dividend is Wednesday, April 9th.

Saba Capital Income & Opportunities Fund II Trading Down 0.1 %

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 company’s 50 day simple moving average is $9.01 and its 200 day simple moving average is $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.