Saba Capital Income & Opportunities Fund II (NYSE:SABA) Plans Dividend of $0.06

Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced a dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 10th will be given a dividend of 0.058 per share on Tuesday, December 31st. The ex-dividend date is Tuesday, December 10th.

Saba Capital Income & Opportunities Fund II Stock Performance

SABA opened at $8.99 on Wednesday. Saba Capital Income & Opportunities Fund II has a 12 month low of $7.28 and a 12 month high of $9.03. The business’s 50-day moving average price is $8.62 and its 200-day moving average price is $8.23.

Insiders Place Their Bets

In other Saba Capital Income & Opportunities Fund II news, major shareholder Saba Capital Management, L.P. sold 4,453 shares of the firm’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $8.46, for a total value of $37,672.38. Following the sale, the insider now owns 3,450,271 shares of the company’s stock, valued at $29,189,292.66. This trade represents a 0.13 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 180,112 shares of company stock valued at $1,523,150 in the last ninety days. Company insiders own 6.18% of the company’s stock.

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.