On August 3, 2022, Saba Capital Management, L.P. announced that it has reached a standstill agreement regarding Salient Midstream & MLP Fund. Saba Capital stated that under the terms of the agreement, Saba Capital has agreed to support the Company's reorganization into a lower fee open-end mutual fund, Salient MLP & Energy Infrastructure Fund. Saba Capital added that the Company's investment advisor would make a payment of $300,000 to the Company, to be paid out to all shareholders as a special Saba Special Distribution'.
1st Jan change | Capi. | |
---|---|---|
+3.89% | 12.63B | |
+6.36% | 9.1B | |
-3.76% | 5.38B | |
+4.28% | 5.36B | |
+5.74% | 5.19B | |
+13.99% | 4.47B | |
+16.44% | 4.44B | |
+1.53% | 4B | |
+3.60% | 3.86B |