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. | |
---|---|---|
+7.29% | 13.26B | |
+12.72% | 9.55B | |
+3.03% | 5.74B | |
+7.52% | 5.27B | |
-2.05% | 5.11B | |
+28.84% | 4.99B | |
+21.09% | 4.59B | |
+1.69% | 3.98B | |
+5.91% | 3.97B |