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. | |
---|---|---|
+12.28% | 9.59B | |
-0.15% | 5.58B | |
+6.69% | 5.5B | |
+6.63% | 5.24B | |
+23.39% | 4.84B | |
+20.50% | 4.61B | |
+2.57% | 4.13B | |
+7.31% | 4.05B | |
-0.23% | 3.28B |