NEW YORK–(BUSINESS WIRE)–Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, today announced that its Board of Trustees has renewed its share repurchase authorization for the Fund to repurchase up to 10% of its total common shares for the fiscal year ending October 31, 2027. The share repurchase program is intended to increase the Fund’s net asset value (“NAV”) to the benefit of