Landscape Capital Management L.L.C. Sells 43,176 Shares of Saba Capital Income & Opportunities Fund II (NYSE:SABA)

Landscape Capital Management L.L.C. decreased its holdings in shares of Saba Capital Income & Opportunities Fund II (NYSE:SABA) by 28.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 106,310 shares of the company’s stock after selling 43,176 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Saba Capital Income & Opportunities Fund II were worth $963,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thomas J. Herzfeld Advisors Inc. lifted its holdings in shares of Saba Capital Income & Opportunities Fund II by 152.0% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,436,590 shares of the company’s stock worth $13,016,000 after buying an additional 866,503 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new position in Saba Capital Income & Opportunities Fund II during the third quarter worth $5,836,000. Choreo LLC raised its stake in Saba Capital Income & Opportunities Fund II by 74.9% during the 4th quarter. Choreo LLC now owns 200,876 shares of the company’s stock valued at $1,813,000 after purchasing an additional 86,036 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Saba Capital Income & Opportunities Fund II in the 4th quarter valued at $655,000. Finally, K2 Principal Fund L.P. acquired a new stake in Saba Capital Income & Opportunities Fund II in the 3rd quarter worth $170,000. Institutional investors and hedge funds own 22.22% of the company’s stock.

Saba Capital Income & Opportunities Fund II Stock Down 3.3 %

Shares of SABA opened at $8.29 on Friday. The company has a 50-day simple moving average of $8.98 and a 200-day simple moving average of $8.84. Saba Capital Income & Opportunities Fund II has a 52 week low of $7.40 and a 52 week high of $9.43.

Saba Capital Income & Opportunities Fund II Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th will be issued a $0.058 dividend. The ex-dividend date of this dividend is Wednesday, April 9th. This represents a $0.70 annualized dividend and a yield of 8.40%.

Saba Capital Income & Opportunities Fund II Company 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.