Quantify Chaos Advisors LLC Takes $1.45 Million Position in Saba Capital Income & Opportunities Fund II $SABA

Quantify Chaos Advisors LLC acquired a new position in Saba Capital Income & Opportunities Fund II (NYSE:SABA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 176,134 shares of the company’s stock, valued at approximately $1,453,000. Saba Capital Income & Opportunities Fund II makes up about 4.4% of Quantify Chaos Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Quantify Chaos Advisors LLC owned 0.62% of Saba Capital Income & Opportunities Fund II as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. TrueMark Investments LLC acquired a new stake in Saba Capital Income & Opportunities Fund II in the 3rd quarter valued at $1,897,000. Seven Mile Advisory bought a new stake in Saba Capital Income & Opportunities Fund II during the 3rd quarter worth about $2,222,000. Uhlmann Price Securities LLC acquired a new position in shares of Saba Capital Income & Opportunities Fund II during the 3rd quarter worth about $127,000. Joel Isaacson & Co. LLC acquired a new position in shares of Saba Capital Income & Opportunities Fund II during the 3rd quarter worth about $105,000. Finally, Raymond James Financial Inc. grew its holdings in shares of Saba Capital Income & Opportunities Fund II by 13.8% in the 3rd quarter. Raymond James Financial Inc. now owns 81,231 shares of the company’s stock valued at $741,000 after acquiring an additional 9,829 shares in the last quarter. Institutional investors and hedge funds own 22.22% of the company’s stock.

Saba Capital Income & Opportunities Fund II Trading Down 2.1%

SABA opened at $8.22 on Wednesday. Saba Capital Income & Opportunities Fund II has a 52-week low of $7.96 and a 52-week high of $9.46. The business’s 50-day simple moving average is $8.33 and its 200 day simple moving average is $8.38.

Saba Capital Income & Opportunities Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Monday, May 11th will be given a dividend of $0.058 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a c) annualized dividend and a dividend yield of 8.5%.

Saba Capital Income & Opportunities Fund II Profile

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. Morgan Global Government Bond Index. Saba Capital Income & Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.