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SABA (Saba Capitalome & Opportunities Fund II) Net Margin % : 95.44% (As of Oct. 2024)


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What is Saba Capitalome & Opportunities Fund II Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Saba Capitalome & Opportunities Fund II's Net Income for the six months ended in Oct. 2024 was $28.71 Mil. Saba Capitalome & Opportunities Fund II's Revenue for the six months ended in Oct. 2024 was $30.08 Mil. Therefore, Saba Capitalome & Opportunities Fund II's net margin for the quarter that ended in Oct. 2024 was 95.44%.

The historical rank and industry rank for Saba Capitalome & Opportunities Fund II's Net Margin % or its related term are showing as below:

SABA' s Net Margin % Range Over the Past 10 Years
Min: 94.53   Med: 98.39   Max: 107.38
Current: 94.53


SABA's Net Margin % is ranked better than
57.36% of 1623 companies
in the Asset Management industry
Industry Median: 89 vs SABA: 94.53

Saba Capitalome & Opportunities Fund II Net Margin % Historical Data

The historical data trend for Saba Capitalome & Opportunities Fund II's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Saba Capitalome & Opportunities Fund II Net Margin % Chart

Saba Capitalome & Opportunities Fund II Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Oct24
Net Margin %
Get a 7-Day Free Trial 98.39 100.95 107.38 104.38 94.53

Saba Capitalome & Opportunities Fund II Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Apr24 Oct24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.16 90.85 91.44 93.58 95.44

Competitive Comparison of Saba Capitalome & Opportunities Fund II's Net Margin %

For the Asset Management subindustry, Saba Capitalome & Opportunities Fund II's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saba Capitalome & Opportunities Fund II's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Saba Capitalome & Opportunities Fund II's Net Margin % distribution charts can be found below:

* The bar in red indicates where Saba Capitalome & Opportunities Fund II's Net Margin % falls into.


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Saba Capitalome & Opportunities Fund II Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Saba Capitalome & Opportunities Fund II's Net Margin for the fiscal year that ended in Oct. 2024 is calculated as

Net Margin=Net Income (A: Oct. 2024 )/Revenue (A: Oct. 2024 )
=55.865/59.098
=94.53 %

Saba Capitalome & Opportunities Fund II's Net Margin for the quarter that ended in Oct. 2024 is calculated as

Net Margin=Net Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=28.71/30.081
=95.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Saba Capitalome & Opportunities Fund II  (NYSE:SABA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Saba Capitalome & Opportunities Fund II Net Margin % Related Terms

Thank you for viewing the detailed overview of Saba Capitalome & Opportunities Fund II's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Saba Capitalome & Opportunities Fund II Business Description

Traded in Other Exchanges
N/A
Address
405 Lexington Avenue, 58th Floor, New York, NY, USA, 10174
Saba Capital Income & Opportunities Fund II is a closed-end fund. The company seeks high current income, with a secondary goal of capital appreciation. The fund invests in fixed income markets across the globe.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Oliveira Marc De officer: VP & Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
George P. Hoyt officer: VP & Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Garry Khasidy director 131 MUNSTER ROAD, LONDON X0 SW6 6DD
Mark Hammitt director 8 THE GREEN, SUITE 10664, DOVER DE 19901
Karen Caldwell director 10125 SOUTH BELL AVENUE, CHICAGO IL 60643
Ketu Desai director 999 RIVERVIEW DR, SUITE 201, TOTOWA NJ 07512
Anatoly Nakum director 52 EAST END AVENUE, APT. 18, NEW YORK NY 10028
Franklin Resources Inc other: Affiliate of Investment Adv. FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ryan Wheeler officer: Interim CFO, CAO and Treasurer 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
Paul Charles Kazarian director C/O SABA CAPITAL MANAGEMENT, L.P., 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174