US LNG exports surge but will buyers in China turn up?
In a recent transaction, Saba Capital Management, L.P., a prominent investment firm, acquired additional shares of Pioneer Municipal High Income Fund, Inc. (NYSE:MHI). The firm purchased 3,716 shares at a price of $9.04 per share, totaling approximately $33,592. The fund, with a market capitalization of $203.35 million, currently trades at a P/E ratio of 4.31 and offers a dividend yield of 4.65%. Following this acquisition, Saba Capital Management holds a total of 4,135,619 shares in the fund. The transaction was reported on April 7, 2025, and reflects Saba Capital's continued interest in the fund. The acquisition was executed as an indirect ownership under the management of Boaz Weinstein, a significant stakeholder in the company. According to InvestingPro, MHI has maintained dividend payments for 23 consecutive years and currently maintains a "GREAT" financial health score, with liquid assets exceeding short-term obligations.
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