SABA Announces Reauthorization of Share Repurchase Program
Saba Capital Income & Opportunities Fund II Shares of Beneficial Interest (SABA)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, today announced that its Board of Trustees has renewed its share repurchase authorization for the Fund to repurchase up to 10% of its total common shares for the fiscal year ending October 31, 2025.The share repurchase program is intended to increase the Fund’s net asset value (“NAV”) to the benefit of all shareholders and help create further value for shareholders by reducing the Fund’s discount to NAV.The Fund may repurchase shares through open market transactions, at the discretion of the Fund’s investment adviser. In exercising its discretion consistent with its portfolio management responsibilities, the investment adviser will take into account various factors, including, but not limited to, timing, the quantity of repurchases, the level of the discount, the Fund’s performance, portfolio
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SABA
News
- SABA Announces $0.058 DividendBusiness Wire
- SABA Announces Notification of Sources of DistributionsBusiness Wire
- SABA Announces $0.058 DividendBusiness Wire
- SABA Announces Notification of Sources of DistributionsBusiness Wire
- SABA Announces $0.058 DividendBusiness Wire
SABA
Sec Filings
- 10/8/24 - Form 40-17F2
- 10/3/24 - Form 40-17F2
- 8/30/24 - Form N-CSRS
- SABA's page on the SEC website