Closed-End Fund

On November 3, 2025, Saba Capital Income & Opportunities Fund II (SABA) announced a monthly dividend of $0.058 per share, payable November 28, 2025, to shareholders of record on November 11, 2025. The fund operates under a managed distribution plan, potentially using capital gains or return of capital to maintain the fixed payout, which could affect NAV. The plan can be amended or terminated, impacting share price. Investors should review Rule 19a-1 notices and understand the fund’s diverse portfolio and associated risks, detailed in SEC filings.

Royce Global Trust (RGT), a global equity closed-end fund, reported its performance as of September 30, 2025. The fund employs a value-oriented approach, leveraging the advisor’s 50+ years of small/micro-cap experience. NAV was $15.03 and MKT was $12.95. Average annual total returns ranged from 1.35%-20.78% (NAV & MKT) for various periods. The fund invests in small/mid-cap companies, with notable holdings in Tel Aviv Stock Exchange and Sprott. Top sectors include Financials (30.3%) and Industrials (26.2%).

Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) announced its latest dividend payments for common stock. The fund will distribute $0.07 per share with ex-dates of October 31, November 28 and December 31, 2025, and payable dates in November and December of 2025, and January 2026. The fund operates under a managed distribution plan distributing all available investment income and may distribute realized capital gains or return of capital to maintain a consistent monthly distribution.

Saba Capital Income & Opportunities Fund II (SABA) announced the breakdown of its August 29th distribution of $0.058 per share. As of August 22nd, 36.14% is net investment income and 63.86% is return of capital. Fiscal year-to-date, 42.50% is net investment income, and 57.50% is return of capital. SABA cautions against drawing conclusions from distribution figures, as a significant portion is return of capital. The fund targets a $0.058/share monthly distribution, but this is subject to change. Investors should review SEC filings for risk factors.

Saba Capital Income & Opportunities Fund II (SABA) announced the composition of its July 31, 2025 distribution, in accordance with SEC regulations. The distribution of $0.058 per share is comprised of $0.04284 (73.87%) net investment income and $0.01516 (26.13%) return of capital. Year-to-date, distributions total $0.464 per share, with $0.179 (38.58%) from net investment income and $0.285 (61.42%) from return of capital. Investors are advised not to equate distribution amounts with fund performance. Saba Capital Management, L.P. is now the investment advisor.