HK-listed gold stocks jump as US economic fears boost bullion prices
In recent transactions, Saba Capital Management, L.P., a significant shareholder in the Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV), acquired a substantial number of shares. The fund, currently trading at $8.02 with a market capitalization of $192 million, has maintained a consistent dividend payment track record for 23 consecutive years, as highlighted by InvestingPro. On April 22, 2025, Saba Capital purchased 27,787 shares of common stock at $7.92 per share. This was followed by an additional acquisition of 4,873 shares on April 23, 2025, at a price of $7.96 per share. The total value of these transactions amounted to $258,862. After these purchases, Saba Capital’s holdings in the fund increased to 3,971,413 shares. The fund currently offers a 4.92% dividend yield and trades near its 52-week low of $7.62, with notably low price volatility (Beta: 0.7). InvestingPro subscribers can access additional key metrics and insights about MAV’s financial health.
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