US LNG exports surge but will buyers in China turn up?
Saba Capital Management, L.P., a prominent investment firm, recently acquired additional shares of Pioneer Municipal High Income Fund, Inc. (NYSE:MHI), a fund that has maintained dividend payments for 23 consecutive years and currently offers a 4.44% dividend yield. According to InvestingPro data, the fund maintains a "GREAT" financial health score and generally trades with low price volatility. According to a recent filing, the firm purchased 13,343 shares at a price of $9.25 per share, amounting to a total transaction value of $123,422. This acquisition increases Saba Capital's holdings in the fund to 4,131,903 shares. The transaction was reported by Boaz Weinstein, who is a ten percent owner of the fund. The fund, currently trading at $9.36, has demonstrated strong performance with a one-year total return of nearly 15%. Want deeper insights into MHI's dividend sustainability and financial metrics? Unlock full analysis with InvestingPro.
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