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 (NYSE: HYB) (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 (NASDAQ:MSFT) was the biggest company by market cap to set a new 52-week high...
