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Saba Capital Income & Opportunities Fund II (symbol: SABA) is a specialized investment fund managed by Saba Capital Management, L.P. The fund aims to deliver high current income and capital appreciation by investing primarily in income-producing securities. Under normal market conditions, SABA allocates at least 80% of its net assets to various debt securities from both U.S. and foreign issuers, including those in emerging markets.
Saba Capital Income & Opportunities Fund II distinguishes itself through a diversified portfolio that includes corporate bonds, government securities, and other fixed-income investments. The fund leverages the expertise of Saba Capital Management, a firm renowned for its credit and special situations investment strategies. This approach allows SABA to identify undervalued opportunities and optimize returns for its investors.
Recently, Saba Capital Income & Opportunities Fund II has achieved significant milestones such as strategic partnerships and robust returns on its diversified investment portfolio. The fund's strategy includes active management of its assets to adapt to market conditions, aiming to minimize risk while maximizing income potential. This proactive approach has positioned SABA as a competitive player in the investment fund market.
Financially, SABA maintains a strong balance sheet, with a focus on maintaining liquidity and managing risk. The fund’s performance is periodically reviewed, and transparent reporting ensures that investors stay informed about their investments. Notable partnerships with financial advisors and institutions further bolster the fund’s credibility and operational efficiency.
Investors interested in Saba Capital Income & Opportunities Fund II should consult their financial advisors for tailored advice, as all investments carry risks, including potential loss of principal. For the latest updates and detailed information, visit the official website or follow the latest news releases.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) has declared a monthly dividend of $0.058 per share, payable on December 31, 2024, to shareholders of record as of December 10, 2024. This distribution follows the Fund's Managed Distribution Plan, which aims to provide shareholders with consistent monthly distributions and narrow the discount between market price and net asset value. The Plan may distribute long-term capital gains and/or return capital if investment income is insufficient. The Fund's investment objective focuses on high current income and capital appreciation through global investments in debt and equity securities.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) has released its monthly distribution notice for shareholders. The Fund will distribute $0.058 per share on November 29, 2024, with 36.37% coming from Net Investment Income and 63.63% from Return of Capital. For the fiscal year 2024 to date, distributions totaled $0.83340 per share, with 41% from Net Investment Income and 59% from Return of Capital. The Fund's performance metrics show a 0.53% average annual total return over five years and a 25.65% cumulative total return for the current fiscal period through October 31, 2024.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) has declared a monthly dividend of $0.058 per share, payable on November 29, 2024, to shareholders of record as of November 11, 2024. This distribution follows the Fund's Managed Distribution Plan, which aims to provide shareholders with fixed monthly distributions and narrow the discount between market price and net asset value. The Plan may distribute long-term capital gains or return capital if investment income is insufficient. The Fund invests globally in debt and equity securities, including closed-end funds, SPACs, reinsurance, and various debt instruments.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) has released its monthly distribution notice for October 31, 2024. The Fund's distribution of $0.058 per share consists of 10.85% from net investment income and 89.15% from return of capital. For the fiscal year-to-date, distributions totaled $0.77540 per share, with 43.26% from net investment income and 56.74% from return of capital. The Fund's performance metrics show a 0.33% average annual total return over five years, a 9.08% annualized distribution rate, and a 24.01% cumulative total return for the current fiscal period through September 30, 2024.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) has declared a monthly dividend of $0.058 per share, payable on October 31, 2024 to shareholders of record as of October 9, 2024. This distribution is part of the Fund's managed distribution plan, which aims to provide a fixed monthly distribution and narrow the discount between market price and net asset value of common shares.
The Fund invests globally in debt and equity securities, including closed-end funds, SPACs, reinsurance, and public and private debt instruments. It may also use derivatives and invest in private funds. The Fund's objective is to provide high current income with a secondary goal of capital appreciation. However, investors should be aware of various risks, including those associated with high-yield securities, foreign investments, and market interest rate changes.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) has announced its monthly distribution details for September 30, 2024, and fiscal year-to-date 2024. The Fund estimates that a portion of its distribution may be a return of capital. Key points include:
- September 30, 2024 distribution: $0.05800 per share
- 78.93% from net investment income, 21.07% return of capital
- Fiscal year-to-date distribution: $0.71740 per share (split-adjusted)
- 40.37% from net investment income, 59.63% return of capital
- Annualized distribution rate: 9.42% of NAV as of August 31, 2024
- Cumulative total return: 21.33% for the current fiscal period through August 31, 2024
The Fund operates under a managed distribution plan, aiming to provide a fixed monthly distribution of $0.058 per share. Shareholders are advised to consult tax advisors regarding the appropriate treatment of Fund distributions.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) has announced the renewal of its share repurchase program. The Fund's Board of Trustees has authorized the repurchase of up to 10% of its total common shares for the fiscal year ending October 31, 2025. This program aims to increase the Fund's net asset value (NAV) and create value for shareholders by reducing the Fund's discount to NAV.
The Fund may repurchase shares through open market transactions, considering factors such as timing, quantity, discount level, performance, portfolio holdings, and market conditions. Repurchases will be made on national securities exchanges at prevailing market prices, subject to exchange requirements and federal securities laws. However, there is no guarantee that the market price of the Fund's shares will increase or that the program will enhance shareholder value.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) has declared a monthly dividend of $0.058 per share, payable on September 30, 2024 to shareholders of record as of September 10, 2024. This distribution is part of the Fund's Managed Distribution Plan, which aims to provide a fixed monthly distribution and narrow the discount between market price and net asset value of common shares.
The Fund invests globally in debt and equity securities, including closed-end funds, SPACs, reinsurance, and public and private debt instruments. It may also use derivatives and invest in private funds. While the Plan intends to provide a constant distribution rate, it may include long-term capital gains and/or return of capital if investment income is insufficient.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) has announced its monthly distribution details for August 30, 2024, and fiscal year-to-date allocations. The Fund estimates that a portion of its distribution may be a return of capital. Key points include:
- August 30, 2024 distribution: $0.05800 per share
- 67.39% from net investment income, 32.61% return of capital
- Fiscal year-to-date: 38% from net investment income, 62% return of capital
- Annualized distribution rate: 9.86% of NAV
- 5-year average annual total return: -1.55%
- Current fiscal period cumulative total return: 18.01%
The Fund operates under a managed distribution plan, aiming to provide a fixed monthly distribution of $0.058 per share. Shareholders are advised to consult tax advisors regarding the implications of these distributions.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) has declared a monthly dividend of $0.058 per share, payable on August 30, 2024 to shareholders of record as of August 9, 2024. This distribution is part of the Fund's Managed Distribution Plan, which aims to provide a fixed monthly distribution and narrow the discount between market price and net asset value of common shares.
The Plan may distribute long-term capital gains and/or return of capital if investment income is insufficient. The Fund's investment objective is to provide high current income with a secondary goal of capital appreciation. It invests globally in debt and equity securities, including closed-end funds, SPACs, reinsurance, and various debt instruments.
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