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SABA (Saba Capitalome & Opportunities Fund II) 5-Year Yield-on-Cost % : 8.81 (As of Apr. 22, 2025)


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What is Saba Capitalome & Opportunities Fund II 5-Year Yield-on-Cost %?

Saba Capitalome & Opportunities Fund II's yield on cost for the quarter that ended in Oct. 2024 was 8.81.


The historical rank and industry rank for Saba Capitalome & Opportunities Fund II's 5-Year Yield-on-Cost % or its related term are showing as below:

SABA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.8   Med: 7.82   Max: 11
Current: 8.81


During the past 7 years, Saba Capitalome & Opportunities Fund II's highest Yield on Cost was 11.00. The lowest was 3.80. And the median was 7.82.


SABA's 5-Year Yield-on-Cost % is ranked better than
66.04% of 1166 companies
in the Asset Management industry
Industry Median: 6.69 vs SABA: 8.81

Competitive Comparison of Saba Capitalome & Opportunities Fund II's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Saba Capitalome & Opportunities Fund II's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Saba Capitalome & Opportunities Fund II's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Saba Capitalome & Opportunities Fund II's 5-Year Yield-on-Cost % falls into.


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Saba Capitalome & Opportunities Fund II 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Saba Capitalome & Opportunities Fund II is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Saba Capitalome & Opportunities Fund II  (NYSE:SABA) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Saba Capitalome & Opportunities Fund II 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Saba Capitalome & Opportunities Fund II's 5-Year Yield-on-Cost % 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

Saba Capitalome & Opportunities Fund II Headlines