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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, March 11th will be paid a dividend of 0.058 per share on Monday, March 31st. This represents a $0.70 dividend on an annualized basis and a yield of 7.80%. The ex-dividend date of this dividend is Tuesday, March 11th.

Saba Capital Income & Opportunities Fund II Stock Down 1.7 %

Shares of NYSE:SABA opened at $8.93 on Wednesday. The company has a 50-day moving average price of $9.12 and a 200-day moving average price of $8.80. Saba Capital Income & Opportunities Fund II has a 12 month low of $7.40 and a 12 month 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.