Saba Capital Income & Opportunities Fund II (SABA)

Saba Capital Income & Opportunities Fund II is a closed-end fund (Multi-Asset) sponsored by Saba Capital. As of the 2026-11-09 close it traded at $7.73 against a net asset value of $9.17, a discount of -15.70%. Its one-year average was -13.42% and its one-year discount z-score is -1.28.

Distribution rate: +9.00% on price, +7.59% on NAV. Net investment income covers 16% of the distribution. Return of capital was 0% of distributions in the latest fiscal year.

Activist campaigns: Saba Capital Management, L.P. owns 8.1% (Schedule 13D, latest filing 2025-12-02).

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