<SEC-DOCUMENT>0001510281-25-000114.txt : 20250228
<SEC-HEADER>0001510281-25-000114.hdr.sgml : 20250228
<ACCEPTANCE-DATETIME>20250228160130
ACCESSION NUMBER:		0001510281-25-000114
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250228
DATE AS OF CHANGE:		20250228

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Saba Capital Income & Opportunities Fund II
		CENTRAL INDEX KEY:			0000828803
		ORGANIZATION NAME:           	
		IRS NUMBER:				222864496
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	811-05459
		FILM NUMBER:		25689857

	BUSINESS ADDRESS:	
		STREET 1:		300 S.E. 2ND STREET
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33301-1923
		BUSINESS PHONE:		9545277500

	MAIL ADDRESS:	
		STREET 1:		300 S.E. 2ND STREET
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33301-1923

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TEMPLETON GLOBAL INCOME FUND
		DATE OF NAME CHANGE:	20041029

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TEMPLETON GLOBAL INCOME FUND INC
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Saba Capital Management, L.P.
		CENTRAL INDEX KEY:			0001510281
		ORGANIZATION NAME:           	
		IRS NUMBER:				800361690
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144

	BUSINESS ADDRESS:	
		STREET 1:		405 LEXINGTON AVENUE
		STREET 2:		58TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10174
		BUSINESS PHONE:		212-542-4635

	MAIL ADDRESS:	
		STREET 1:		405 LEXINGTON AVENUE
		STREET 2:		58TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10174
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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      <issuerCik>0000828803</issuerCik>
      <issuerName>Saba Capital Income &amp; Opportunities Fund II</issuerName>
      <secFileNumber>811-05459</secFileNumber>
      <issuerAddress>
        <com:street1>405 Lexington Avenue, 58th Floor</com:street1>
        <com:city>New York</com:city>
        <com:stateOrCountry>NY</com:stateOrCountry>
        <com:zipCode>10174</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>212-542-3610</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Saba Capital Management, L.P.</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Investment Manager </relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Capital Markets</name>
        <address>
          <com:street1>155 Seaport Boulevard</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>393752</noOfUnitsSold>
      <aggregateMarketValue>3618580.88</aggregateMarketValue>
      <noOfUnitsOutstanding>27730511</noOfUnitsOutstanding>
      <approxSaleDate>02/28/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>FBN Securities</name>
        <address>
          <com:street1>120 Broadway</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10271</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>393752</noOfUnitsSold>
      <aggregateMarketValue>3618580.88</aggregateMarketValue>
      <noOfUnitsOutstanding>27730511</noOfUnitsOutstanding>
      <approxSaleDate>02/28/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Credit Suisse Securities</name>
        <address>
          <com:street1>11 Madison Avenue</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10010</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>393752</noOfUnitsSold>
      <aggregateMarketValue>3618580.88</aggregateMarketValue>
      <noOfUnitsOutstanding>27730511</noOfUnitsOutstanding>
      <approxSaleDate>02/28/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Sanford C Bernstein &amp; Co</name>
        <address>
          <com:street1>1345 Avenue of the Americas</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10105</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>393752</noOfUnitsSold>
      <aggregateMarketValue>3618580.88</aggregateMarketValue>
      <noOfUnitsOutstanding>27730511</noOfUnitsOutstanding>
      <approxSaleDate>02/28/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>BoA Securities Inc.</name>
        <address>
          <com:street1>One Bryant Park</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10036</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>393752</noOfUnitsSold>
      <aggregateMarketValue>3618580.88</aggregateMarketValue>
      <noOfUnitsOutstanding>27730511</noOfUnitsOutstanding>
      <approxSaleDate>02/28/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Goldman Sachs &amp; Co</name>
        <address>
          <com:street1>200 West Street</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10282</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>393752</noOfUnitsSold>
      <aggregateMarketValue>3618580.88</aggregateMarketValue>
      <noOfUnitsOutstanding>27730511</noOfUnitsOutstanding>
      <approxSaleDate>02/28/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Northern Trust Corporation</name>
        <address>
          <com:street1>50 South La Salle Street</com:street1>
          <com:city>Chicago</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60603</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>393752</noOfUnitsSold>
      <aggregateMarketValue>3618580.88</aggregateMarketValue>
      <noOfUnitsOutstanding>27730511</noOfUnitsOutstanding>
      <approxSaleDate>02/28/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Brown Brothers Harriman &amp; Co.</name>
        <address>
          <com:street1>140 Broadway</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10005</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>393752</noOfUnitsSold>
      <aggregateMarketValue>3618580.88</aggregateMarketValue>
      <noOfUnitsOutstanding>27730511</noOfUnitsOutstanding>
      <approxSaleDate>02/28/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>TD Bank, N.A.</name>
        <address>
          <com:street1>1701 Route 70 East</com:street1>
          <com:city>Cherry Hill</com:city>
          <com:stateOrCountry>NJ</com:stateOrCountry>
          <com:zipCode>08003</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>393752</noOfUnitsSold>
      <aggregateMarketValue>3618580.88</aggregateMarketValue>
      <noOfUnitsOutstanding>27730511</noOfUnitsOutstanding>
      <approxSaleDate>02/28/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>The Bank of New York Mellon Corporation</name>
        <address>
          <com:street1>240 Greenwich Street</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10286</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>393752</noOfUnitsSold>
      <aggregateMarketValue>3618580.88</aggregateMarketValue>
      <noOfUnitsOutstanding>27730511</noOfUnitsOutstanding>
      <approxSaleDate>02/28/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>01/22/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Shares purchase in the open market at prevailing market price</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Various unaffiliated third party brokers</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>393752</amountOfSecuritiesAcquired>
      <paymentDate>01/22/2018</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>Securities were purchased on various dates between 1/22/2018 and 2/28/2023.</remarks>
    <noticeSignature>
      <noticeDate>02/28/2025</noticeDate>
      <signature>David C. Han</signature>
    </noticeSignature>
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</SEC-DOCUMENT>
