SABA Announces Notification of Sources of Distributions

Core Viewpoint - Saba Capital Income & Opportunities Fund II has announced its monthly distribution of $0.058 per share, with details on the sources of these distributions as required by the Investment Company Act of 1940 [1][2][19]. Distribution Information - The estimated sources of the distribution to be paid on October 31, 2025, include: - Net Investment Income Per Share: $0.01406 (24.24%) - Return of Capital Per Share: $0.04394 (75.76%) [2] - Cumulative estimated allocations for the fiscal year-to-date as of September 30, 2025, are: - Net Investment Income Per Share: $0.26588 (41.67%) - Return of Capital Per Share: $0.37212 (58.33%) [2] Fund Management - Effective January 1, 2024, Saba Capital Management, L.P. replaced Franklin Templeton Advisers, Inc. as the investment adviser to the Fund [4]. - The Fund operates under a managed distribution plan, which aims to provide a consistent monthly distribution to shareholders [10][11]. Performance Metrics - The average annual total return in relation to NAV for the five-year period ended September 30, 2025, is 4.29% [5]. - The annualized distribution rate for the current fiscal period is 6.94% [7]. - The cumulative total return from October 31, 2024, through September 30, 2025, is 14.58% [8]. Tax Reporting - The actual source of distributions will be determined at year-end and reported on Form 1099-DIV for tax purposes [3].