Saba Capital Income & Opportunities Fund II

Saba Capital Income & Opportunities Fund II operates as a closed-end Investment Fund. Its portfolio includes debt and income producing securities. The company was founded on March 17, 1998 and is headquartered in Fort Lauderdale, FL.

Saba Capital Income & Opportunities Fund II and BRW offer attractive discounts and potential for high returns, especially in volatile markets. Saba's activist approach means it is acutely aware of the importance of managing discounts to net asset value for CEFs. Both funds incorporate hedge-fund strategies, with significant cash positions and short positions in sovereign debt, positioning them well for high interest rate environments.

SABA: A Hidden Gem With Nearly 10% Distribution Yield And A Generous Discount

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.058 per share on November 29, 2024, payable on December 31, 2024 to shareholders of record as of December 10, 2024. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), w.

SABA Announces $0.058 Dividend

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of th.

SABA Announces Notification of Sources of Distributions

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, today announced that its Board of Trustees has renewed its share repurchase authorization for the Fund to repurchase up to 10% of its total common shares for the fiscal year ending October 31, 2025. The share repurchase program is intended to increase the Fund's net asset value (“NAV”) to the benefit of.

SABA Announces Reauthorization of Share Repurchase Program

Saba Capital Income & Opportunities Fund

Eaton Vance Municipal Bond Fund

BlackRock MuniVest Fund Inc

Nuveen Municipal Credit Income Fund

We review the CEF market valuation and performance through the first week of August and highlight recent market action. CEF performance diverged this week as higher-quality / longer duration sectors like Munis outperformed. NYSE proposed rule change could eliminate annual CEF shareholder meetings, potentially impacting shareholder activism and competition in the CEF space.

CEF Weekly Review: Managers Kick It Up A Notch In Fight With Saba

Saba Closed-End Funds ETF

We take a look at the trio of Saba's public investment funds. CEFS is a pure-play fund of CEFs, while the CEFs BRW and SABA have allocations to a diverse array of securities, including reinsurance, loans, stocks, SPACs, crypto, etc. SABA will likely transition over time to be similar to BRW - it remains our favored option between the two funds.

8-15% Yield Options In The Saba Fund Suite

We review CEF market valuation and performance through the third week of June and highlight recent market action. CEFs were mixed with widening discounts, but most sectors are up month-to-date, led by munis due to lower Treasury yields. Saba and Invesco reached a standstill agreement for two state Muni CEFs, with a tender offer for 25% of shares at 99% of NAV.

CEF Weekly Review: Saba And Invesco Call Truce (For Now)

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange (the “NYSE”), today announced an update on the 1-for-2 reverse stock split (the “Reverse Split”) of the Fund's common shares that was approved by its Board of Trustees (the “Board”). The Reverse Split is expected to become effective immediately after the close of trading on the NYSE on June 21, 2024 (“Ef.

SABA Announces Update on 1-for-2 Reverse Stock Split

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.029 per share on May 31, 2024, payable on June 20, 2024 to shareholders of record as of June 11, 2024. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby the Fu.

SABA Announces $0.029 Dividend

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange (the “NYSE”), today announced that its Board of Trustees (the “Board”) has approved (a) an open market share repurchase program, (b) a reverse stock split, and (c) subject to shareholder approval, an amendment to the Fund's Declaration of Trust to declassify the Board. Open Market Repurchase Program. The.

SABA's Board of Trustees Approves Share Repurchase Program, Reverse Stock Split, and Declassification of Board of Trustees

Flaherty & Crumrine Preferred Income OpportunityFund Inc

We review CEF market valuation and performance through the third week of April and highlight recent market action. Most sectors in the CEF market finished lower, except for MLPs and Utilities which registered NAV gains. We track the holdings of funds-of-CEFs like FCEF and CEFS in our CEF Tool.

CEF Weekly Review: Tracking Fund-Of-CEFs Holdings

Deutsche Strategic Municipal Income Trust

Nuveen Build America Bond Fund

Pimco Global Stockplus & Income Fund

We take a look at the shape of the current CEF sell-off. The sell-off has followed a similar pattern to previous instances, with equity funds falling more than fixed-income funds, leveraged funds underperforming and discounts widening. Longer-duration assets may become more compelling as longer-term rates rise, and investors should consider adding them to their portfolios.

Dissecting The Current CEF Sell-Off And Opportunities

Saba Capital Management is an investment advisory firm focused on credit and equity relative value strategies.

News for Saba Capital Income & Opportunities Fund II ETF (SABA)