Saba Capital Income & Opportunities Fund II Distribution Notice
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 58m ago
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Source: Newsfilter
- Distribution Source Disclosure: In compliance with Section 19(a) of the Investment Company Act of 1940, Saba Capital Income & Opportunities Fund II estimates its January 2026 distributions at $0.10 and $0.058 per share for January 16 and 30, respectively, indicating that distributions primarily stem from net investment income with no short- or long-term capital gains.
- Managed Distribution Plan: The Fund's managed distribution plan ensures a fixed monthly distribution of $0.058, aimed at narrowing the discount between market price and net asset value, although success is not guaranteed and may require long-term capital gains or return of capital to maintain distributions.
- Investment Performance Warning: The Fund cautions shareholders that distribution amounts should not be viewed as direct indicators of investment performance, as it has distributed more than its income and net realized capital gains, with a portion potentially being a return of capital, necessitating careful consideration.
- Future Tax Treatment: The Fund will issue Form 1099-DIV to shareholders in early 2027 detailing the tax treatment of distributions, with actual sources and tax characteristics determined at year-end 2026, advising shareholders to consult tax advisors for appropriate handling of distributions.
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Analyst Views on SABA
Wall Street analysts forecast SABA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SABA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 8.180
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About SABA
Saba Capital Income & Opportunities Fund II (the Fund), formerly Templeton Global Income Fund, is a closed-end management investment company. The Fund seeks to provide investors with a high level of current income, with a secondary goal of capital appreciation. The Fund invests globally in debt and equity securities of public and private companies, which includes, among other things, investments in closed-end funds, special purpose acquisition companies (SPACs), reinsurance, and public and private debt instruments. The Fund also may utilize derivatives, including total return swaps, credit default swaps, options and futures, in seeking to enhance returns and/or to reduce portfolio risk. The Fund may also invest up to 15% of its total assets in private funds on a discretionary basis. The Fund’s manager is Saba Capital Management, LP.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Saba Capital Income & Opportunities Fund II Distribution Notice
- Distribution Source Disclosure: In compliance with Section 19(a) of the Investment Company Act of 1940, Saba Capital Income & Opportunities Fund II estimates its January 2026 distributions at $0.10 and $0.058 per share for January 16 and 30, respectively, indicating that distributions primarily stem from net investment income with no short- or long-term capital gains.
- Managed Distribution Plan: The Fund's managed distribution plan ensures a fixed monthly distribution of $0.058, aimed at narrowing the discount between market price and net asset value, although success is not guaranteed and may require long-term capital gains or return of capital to maintain distributions.
- Investment Performance Warning: The Fund cautions shareholders that distribution amounts should not be viewed as direct indicators of investment performance, as it has distributed more than its income and net realized capital gains, with a portion potentially being a return of capital, necessitating careful consideration.
- Future Tax Treatment: The Fund will issue Form 1099-DIV to shareholders in early 2027 detailing the tax treatment of distributions, with actual sources and tax characteristics determined at year-end 2026, advising shareholders to consult tax advisors for appropriate handling of distributions.
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SABA Fund Announces Distribution Sources and Amounts for 2025
- Distribution Overview: Saba Capital Income & Opportunities Fund II is set to distribute $0.058 per share on December 31, 2025, entirely sourced from net investment income, indicating the fund's stable income generation capability.
- Annual Distribution Status: As of November 30, 2025, the cumulative distribution rate stands at 0.59%, reflecting the fund's ongoing distribution strategy aimed at maintaining investor confidence during the current fiscal year.
- Adviser Change: Effective January 1, 2024, Saba Capital Management, L.P. will replace Franklin Templeton Advisers, Inc. as the new investment adviser for the fund, potentially impacting future investment strategies and performance.
- Risk Advisory: The fund's distribution sources may include return of capital, which does not necessarily reflect the fund's investment performance, and future distribution levels cannot be guaranteed.
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