SABA (Saba Capitalome & Opportunities Fund II) Shares Outstanding (Diluted Average): 26.83 Mil (As of Apr. 2026)

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SABA Saba Capital Income & Opportunities Fund II SABA
52 GF Score
Price $8.30
GF Value $6.93
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Saba Capitalome & Opportunities Fund II Shares Outstanding (Diluted Average)?

Saba Capitalome & Opportunities Fund II SABA -0.48% 52 Shares Outstanding (Diluted Average) is 26.83 Mil as of Apr. 2026. GuruFocus rates SABA with a GF Score™ of 52/100 and a GF Value™ of $6.93 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Saba Capitalome & Opportunities Fund II's average diluted shares outstanding for the quarter that ended in Apr. 2026 was 26.83 Mil.

Saba Capitalome & Opportunities Fund II  (NYSE:SABA) Shares Outstanding (Diluted Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Saba Capitalome & Opportunities Fund II Shares Outstanding (Diluted Average) Related Terms

Saba Capitalome & Opportunities Fund II Shares Outstanding (Diluted Average) Historical Data

* Premium members only.

The historical data trend for Saba Capitalome & Opportunities Fund II's Shares Outstanding (Diluted Average) 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.

Saba Capitalome & Opportunities Fund II Shares Outstanding (Diluted Average) Chart

Saba Capitalome & Opportunities Fund II Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Oct24 Oct25
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial 67.52 64.68 51.31 28.80 27.60

Saba Capitalome & Opportunities Fund II Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Apr24 Oct24 Apr25 Oct25 Apr26
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.89 28.70 28.12 27.72 26.83
SABA
52GF Score
Saba Capital Income & Opportunities Fund II SABA
Shares Outstanding (Diluted Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Saba Capitalome & Opportunities Fund II Shares Outstanding (Diluted Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Diluted Average) of 26.83 Mil mean?
Saba Capitalome & Opportunities Fund II (SABA) has a Shares Outstanding (Diluted Average) of 26.83 Mil as of Apr. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Saba Capitalome & Opportunities Fund II and its competitors.
Is Saba Capitalome & Opportunities Fund II's Shares Outstanding (Diluted Average) too high?
Saba Capitalome & Opportunities Fund II's current Shares Outstanding (Diluted Average) is 26.83 Mil. Overall, Saba Capitalome & Opportunities Fund II has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saba Capitalome & Opportunities Fund II's Shares Outstanding (Diluted Average) compare to LIEN and MFM?
Saba Capitalome & Opportunities Fund II's Shares Outstanding (Diluted Average) of 26.83 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Diluted Average) for an Asset Management company?
A good Shares Outstanding (Diluted Average) depends on the Asset Management industry context. However, Shares Outstanding (Diluted Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Saba Capitalome & Opportunities Fund II and its competitors. Saba Capitalome & Opportunities Fund II's current Shares Outstanding (Diluted Average) is 26.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saba Capitalome & Opportunities Fund II stock overvalued right now?
Based on GuruFocus' analysis, Saba Capitalome & Opportunities Fund II (SABA) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.93, compared to a current price of $8.30 — trading 19.8% above its estimated fair value. The current Shares Outstanding (Diluted Average) is 26.83 Mil. Saba Capitalome & Opportunities Fund II's overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Saba Capitalome & Opportunities Fund II (SABA), the current Shares Outstanding (Diluted Average) is 26.83 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Saba Capitalome & Opportunities Fund II (SABA) Overvalued in 2026?

Based on GuruFocus' analysis, Saba Capitalome & Opportunities Fund II stock appears to be overvalued. The current stock price of $8.30 is trading 19.8% above its estimated GF Value™ of $6.93. GuruFocus considers Saba Capitalome & Opportunities Fund II to be Modestly Overvalued.

Key valuation signals for SABA:

  • Shares Outstanding (Diluted Average): 26.83 Mil
  • GF Value™: $6.93 vs. price of $8.30 (19.8% above fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the SABA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Saba Capitalome & Opportunities Fund II Business Description

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.
52GF Score

Get the complete analysis for SABA

Shares Outstanding (Diluted Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.30
Price
$6.93
GF Value