Thomas J. Herzfeld Advisors reports 775,805 SABA shares (NYSE: SABA)

Rhea-AI Filing Summary

Thomas J. Herzfeld Advisors, Inc. reported beneficial ownership of 775,805 shares of Saba Capital Income & Opportunities Fund common stock, representing 2.85% of the class. The filing lists sole voting and dispositive power over the 775,805 shares. The amendment is signed by Erik M. Herzfeld, President.

Key Figures

Shares beneficially owned: 775,805 shares Percent of class: 2.85% Form type: Schedule 13G/A +4 more

7 metrics

Shares beneficially owned 775,805 shares reported beneficial ownership

Percent of class 2.85% percent of common stock class

Form type Schedule 13G/A ownership amendment filing

Sole voting power 775,805 shares sole power to vote or direct the vote

Sole dispositive power 775,805 shares sole power to dispose or direct disposition

Signature date 04/08/2026 date signed by Erik M. Herzfeld, President

Document date shown 01/22/2026 date listed near CUSIP on cover line

Key Terms

Schedule 13G/A, Beneficially owned, Sole Dispositive Power, Percent of class

4 terms

Schedule 13G/A regulatory

"Item 1. (a) Name of issuer: Saba Capital Income & Opportunities Fund"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Beneficially owned financial

"Item 4. (a) Amount beneficially owned: 775,805"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Dispositive Power regulatory

"Item 4. (c)(iii) Sole power to dispose or to direct the disposition of: 775,805"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Percent of class market

"Item 4. (b) Percent of class: 2.85%"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Saba Capital Income & Opportunities Fund II

(Name of Issuer)

Common Stock

(Title of Class of Securities)

880198205

(CUSIP Number)

01/22/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 880198205

1

Names of Reporting Persons

Thomas J. Herzfeld Advisors, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FLORIDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 775,805.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 775,805.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

775,805.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.85 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Saba Capital Income & Opportunities Fund II
(b)	Address of issuer's principal executive offices: 405 Lexington Ave, 58th Floor, NY, NY, 10174
Item 2.
(a)	Name of person filing: Thomas J. Herzfeld Advisors, Inc.
(b)	Address or principal business office or, if none, residence: 119 Washington Ave, Suite 504, Miami Beach, FL 33139
(c)	Citizenship: A Florida Corporation
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 775,805
(b)	Percent of class: 2.85%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 775,805
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 775,805
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Thomas J. Herzfeld Advisors, Inc.

Signature:	/s/ Erik M. Herzfeld
Name/Title:	Erik M. Herzfeld, President
Date:	04/08/2026

FAQ

How many SABA shares does Thomas J. Herzfeld Advisors hold?

They hold 775,805 shares of common stock. The filing states this represents 2.85% of the outstanding class and shows sole voting and dispositive power.

What filing reported Thomas J. Herzfeld Advisors' SABA stake?

The position was reported on a Schedule 13G/A amendment. The form lists the filer as Thomas J. Herzfeld Advisors, Inc. with address in Miami Beach, Florida.

Who signed the Schedule 13G/A for SABA?

Erik M. Herzfeld, President signed the amendment. The signature block in the excerpt shows the filing was signed on 04/08/2026.

Does Thomas J. Herzfeld Advisors have voting control over the shares?

Yes. The filing lists sole voting power of 775,805 shares and sole dispositive power of 775,805 shares, with no shared voting or dispositive power reported.