Saba Capital Management sells $406,284 in Saba Capital Income & Opportunities Fund II stock

Published 10/03/2025, 15:12
Saba Capital Management sells $406,284 in Saba Capital Income & Opportunities Fund II stock

Saba Capital Management, L.P., a significant stakeholder in Saba Capital Income & Opportunities Fund II (NYSE:SABA), has sold 46,064 shares of the fund’s common stock. The shares were sold at a price of $8.82 each, amounting to a total transaction value of $406,284. This sale leaves the firm with 2,975,435 shares following the transaction.

The transaction, reported on March 6, 2025, was executed by Saba Capital Management and signed off by Zachary Gindes. Boaz Weinstein, a prominent figure in the firm, also signed the filing. Both parties are recognized as ten percent owners of the fund. With the stock trading near its 52-week high of $9.43, investors seeking deeper insights into insider transactions and dividend sustainability can access additional analysis through InvestingPro, which offers 5 more key insights about SABA’s financial outlook.

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