Saba Capital Income & Opportunities Fund II renews buyback authorization for up to 10% of shares
SABA•The fund renewed its share repurchase authorization, allowing it to buy back up to 10% of its common shares during the fiscal year ending October 31, 2027.
1. Repurchase authorization
Repurchases may take place through open-market transactions at the investment adviser’s discretion, with the stated aim of reducing the fund’s discount to net asset value.
