Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”), today announced that it has entered into a standstill agreement with The New America High Income Fund (NYSEHYB) (the “Fund”).
During week ended June 2, 2021, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the fourth consecutive week (+$5.7 billion).
Before 10 a.m. ET on Friday, 52 companies hit new 52-week highs.
Highlights:
Microsoft (NASDAQMSFT) was the biggest company by market cap to set a new 52-week high...