Welcome to our dedicated page for Saba Capital Income & Opportunities Fund II news (Ticker: SABA), a resource for investors and traders seeking the latest updates and insights on Saba Capital Income & Opportunities Fund II stock.
Saba Capital Income & Opportunities Fund II reports recurring closed-end fund developments centered on its managed distribution plan, monthly dividend declarations and Section 19(a) notices describing estimated distribution sources. The NYSE-listed registered closed-end management investment company seeks high current income, with capital appreciation as a secondary objective, and invests in fixed income markets globally.
Company updates also cover fund distribution policy, tax-character information included in annual and semi-annual reporting, net asset value discount considerations, shareholder voting matters, capital-structure disclosure, and operating and financial results.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) declared a monthly dividend of $0.058 per share on August 31, 2026, payable September 30, 2026 to shareholders of record on September 9, 2026. The dividend is part of a managed distribution plan that targets a fixed $0.058 monthly payout, which may be funded by investment income, long‑term capital gains and/or return of capital. The Board can amend or terminate the plan at any time, and no distribution level is guaranteed. Shareholders will receive a Rule 19a‑1 notice detailing estimated distribution sources, with final tax character reported on Form 1099‑DIV.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) issued a Section 19(a) notice detailing estimated sources of its August 31, 2026 distribution and fiscal 2026 year-to-date payouts. The August 31 cash distribution is $0.058 per share, currently estimated as 100% net investment income.
For the fiscal year-to-date through July 31, 2026, cumulative distributions total $0.622 per share, also estimated as 100% net investment income. As of July 31, 2026, the Fund reports a 5-year average annual total return on NAV of 5.51%, an annualized distribution rate of 8.75% of NAV, a cumulative fiscal-year total return of 4.63%, and a cumulative fiscal-year distribution rate of 6.49%.
Distributions are made under a managed distribution plan targeting a fixed $0.058 per-share monthly payout, which may include capital gains and/or return of capital if income is insufficient. Amounts and tax character are estimates and will be finalized on shareholders’ Form 1099-DIV. Saba Capital Management became investment adviser on January 1, 2024.
Saba Capital Income & Opportunities Fund (NYSE: BRW) and Saba Capital Income & Opportunities Fund II (NYSE: SABA) have had their Boards of Trustees reapprove a proposal to merge the two closed-end funds. Under the proposal, SABA would be combined into BRW, creating a single, larger fund.
According to the funds, the merger is intended to provide greater investment scale and potentially increase trading volume of BRW’s common shares on the exchange. The funds are targeting closing the proposed merger in the fourth quarter of 2026. The transaction terms are described as substantially identical to a previously approved merger that was paused. Completion of the merger remains subject to customary closing conditions, including required shareholder approvals, and further details will be provided in proxy materials expected to be filed with the Securities and Exchange Commission.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) declared a monthly dividend of $0.058 per share on July 31, 2026, payable on August 31, 2026 to shareholders of record on August 11, 2026. This distribution follows the Fund’s managed distribution plan, which targets a fixed monthly payout of $0.058 per share and may include net investment income, long‑term capital gains and/or return of capital. The Board may amend or terminate the plan at any time. The Fund seeks high current income, with a secondary goal of capital appreciation, by investing globally in debt and equity securities, closed-end funds, SPACs, reinsurance-related securities, high-yield instruments and derivatives, and highlights multiple market, credit, interest rate, foreign investment and derivatives risks.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) issued a Section 19(a) notice detailing the estimated sources of its July 31, 2026 monthly distribution and fiscal 2026 year‑to‑date payouts. The July 31 distribution is $0.058 per share, currently estimated to be 100% from net investment income. Cumulative fiscal year‑to‑date distributions through June 30, 2026 total $0.564 per share, also estimated as entirely net investment income.
The Fund cautions that it estimates it has distributed more than its income and net realized capital gains, so portions of distributions may represent return of capital, with final tax character determined after year‑end. As of June 30, 2026, the Fund reports a 5‑year average annual total return on NAV of 4.93%, an annualized distribution rate of 9.07% of NAV, cumulative NAV total return of 2.71% for the current fiscal period, and a cumulative fiscal year‑to‑date distribution rate of 5.96%. Under its managed distribution plan, the Fund targets a fixed monthly payout of $0.058 per share, which is not guaranteed and may include capital gains and/or return of capital.
Saba Capital Income & Opportunities Fund II (NYSE:SABA) declared a monthly dividend of $0.058 per share, set on June 30, 2026, payable July 31, 2026 to shareholders of record on July 9, 2026.
The payout follows a managed distribution plan targeting a fixed, but not guaranteed, monthly rate, which may include income, capital gains and/or return of capital and can be amended or terminated by the Board.
Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced estimated monthly distribution sources under its managed distribution plan.
The June 30, 2026 distribution of $0.058 per share and fiscal 2026 year-to-date distributions of $0.506 per share are currently estimated as 100% net investment income.
The Fund reports a 5-year average annual total return of 5.16%, an annualized distribution rate of 9.07%, and cautions that distributions may include return of capital and are not guaranteed.
Saba Capital Income & Opportunities Fund II (NYSE:SABA) declared a monthly dividend of $0.058 per share, set on May 29, 2026, payable June 30, 2026 to holders of record on June 9, 2026.
The payment follows a managed distribution plan targeting a fixed monthly amount, which may include income, capital gains and/or return of capital, and can be amended or terminated by the Board.
Saba Capital Income & Opportunities Fund II (NYSE:SABA) issued a Section 19(a) notice detailing sources of its May 29, 2026 distribution and fiscal 2026 year-to-date payouts.
The $0.058 monthly distribution and $0.448 year-to-date distributions are currently estimated as 100% net investment income under a $0.058 managed distribution plan.
Saba Capital Income & Opportunities Fund II (NYSE: SABA) declared a monthly dividend of $0.058 per share, payable May 29, 2026, to shareholders of record as of May 11, 2026. The distribution follows the Fund’s managed distribution plan and may include net investment income, long-term capital gains, or return of capital.
The Plan sets a fixed monthly amount but is not guaranteed, may be amended or terminated by the Board, and its tax character will be reported at year-end and on Form 1099-DIV.