U.S. futures subdued as government shutdown stretches into second week
NEW YORK - Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced on Monday a monthly dividend of $0.058 per share, payable on October 31, 2025, to shareholders of record as of October 9, 2025.
The distribution is part of the Fund’s managed distribution plan, which aims to provide shareholders with a fixed monthly payment. Under this plan, if sufficient investment income is unavailable in a given month, the Fund may distribute long-term capital gains or return capital to maintain its set distribution rate. The Fund has demonstrated strong recent performance, with a 9.16% return over the past six months.
The closed-end management investment company, listed on the New York Stock Exchange, pursues a primary objective of providing high current income with capital appreciation as a secondary goal. The Fund achieves these objectives by investing globally in debt and equity securities across various sectors including closed-end funds, special purpose acquisition companies (SPACs), reinsurance, and public and private debt instruments. With a beta of 0.43, the Fund offers relatively low volatility compared to the broader market. Unlock more insights about SABA’s investment strategy and performance metrics with InvestingPro, which offers exclusive analysis and detailed financial metrics.
As required by regulations, shareholders will receive a notice detailing the income sources for this dividend, though the actual source determination can only be finalized at year-end.
The Fund is managed by Saba Capital Management, L.P. and trades under the ticker symbol SABA on the New York Stock Exchange.
This information is based on a press release statement from the Fund.
In other recent news, Saba Capital Income & Opportunities Fund II announced a monthly dividend of $0.058 per share. This dividend will be payable on July 31, 2025, to shareholders who are recorded as of July 9, 2025. The distribution is part of the Fund’s managed distribution plan, designed to provide consistent monthly payments to shareholders. This plan allows the Fund to distribute a fixed amount per share, even if it requires using long-term capital gains or returning capital. These recent developments reflect the Fund’s commitment to maintaining steady payouts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.