Saba Capital Income & Opportunities Fund II (SABA) To Go Ex-Dividend on February 10th

Saba Capital Income & Opportunities Fund II (NYSE:SABA) declared a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 10th will be given a dividend of 0.058 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend is Tuesday, February 10th.

Saba Capital Income & Opportunities Fund II Stock Performance

NYSE:SABA opened at $8.04 on Friday. Saba Capital Income & Opportunities Fund II has a 1 year low of $7.72 and a 1 year high of $9.46. The stock has a fifty day moving average price of $8.39 and a two-hundred day moving average price of $8.82.

Hedge Funds Weigh In On Saba Capital Income & Opportunities Fund II

Several hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new stake in shares of Saba Capital Income & Opportunities Fund II in the third quarter valued at $76,000. Shrier Wealth Management LLC purchased a new position in shares of Saba Capital Income & Opportunities Fund II during the 4th quarter worth about $94,000. Joel Isaacson & Co. LLC acquired a new stake in shares of Saba Capital Income & Opportunities Fund II in the third quarter worth approximately $105,000. HB Wealth Management LLC purchased a new stake in Saba Capital Income & Opportunities Fund II in the third quarter valued at approximately $114,000. Finally, Clear Creek Financial Management LLC increased its position in Saba Capital Income & Opportunities Fund II by 10.6% during the second quarter. Clear Creek Financial Management LLC now owns 13,025 shares of the company’s stock worth $120,000 after purchasing an additional 1,250 shares during the last quarter. 22.22% of the stock is owned by hedge funds and other institutional investors.

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. Morgan Global Government Bond Index. Saba Capital Income & Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.