Landscape Capital Management L.L.C. lessened its position in shares of Saba Capital Income & Opportunities Fund II (NYSE:SABA - Free Report) by 28.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 106,310 shares of the company's stock after selling 43,176 shares during the quarter. Landscape Capital Management L.L.C. owned approximately 0.33% of Saba Capital Income & Opportunities Fund II worth $963,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new position in Saba Capital Income & Opportunities Fund II during the fourth quarter worth about $131,000. Garden State Investment Advisory Services LLC purchased a new position in shares of Saba Capital Income & Opportunities Fund II during the 3rd quarter worth approximately $138,000. Noble Wealth Management PBC acquired a new position in shares of Saba Capital Income & Opportunities Fund II during the 4th quarter worth approximately $151,000. Gilman Hill Asset Management LLC lifted its stake in Saba Capital Income & Opportunities Fund II by 75.0% in the 4th quarter. Gilman Hill Asset Management LLC now owns 17,500 shares of the company's stock valued at $159,000 after buying an additional 7,500 shares in the last quarter. Finally, K2 Principal Fund L.P. purchased a new stake in Saba Capital Income & Opportunities Fund II in the 3rd quarter valued at approximately $170,000. 22.22% of the stock is currently owned by hedge funds and other institutional investors.
Saba Capital Income & Opportunities Fund II Stock Performance
Saba Capital Income & Opportunities Fund II stock traded up $0.19 during mid-day trading on Friday, hitting $7.99. 84,971 shares of the company were exchanged, compared to its average volume of 98,453. Saba Capital Income & Opportunities Fund II has a 12-month low of $7.40 and a 12-month high of $9.43. The business's 50 day simple moving average is $8.81 and its two-hundred day simple moving average is $8.82.
Saba Capital Income & Opportunities Fund II Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th will be paid a $0.058 dividend. This represents a $0.70 annualized dividend and a yield of 8.71%. The ex-dividend date of this dividend is Wednesday, April 9th.
About Saba Capital Income & Opportunities Fund II
(
Free Report)
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.
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