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

Saba Capital Income & Opportunities Fund II (NYSE:SABA) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Stockholders of record on Tuesday, February 11th will be given a dividend of 0.058 per share on Friday, February 28th. This represents a $0.70 annualized dividend and a dividend yield of 7.52%. The ex-dividend date of this dividend is Tuesday, February 11th.

Saba Capital Income & Opportunities Fund II Stock Down 0.2 %

SABA traded down $0.02 on Tuesday, hitting $9.26. The company had a trading volume of 79,381 shares, compared to its average volume of 138,981. Saba Capital Income & Opportunities Fund II has a 1 year low of $7.28 and a 1 year high of $9.43. The company’s fifty day moving average price is $9.03 and its 200 day moving average price is $8.66.

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.