Capstone Holding Corp. lowers convertible note conversion price to $1.00
NEW YORK—Saba Capital Management, L.P., a significant stakeholder in Eaton (NYSE:ETN) Vance New York Municipal Bond Fund (NYSE:ENX), recently acquired additional shares totaling $64,786. The transaction, which took place on June 11, 2025, involved the purchase of 7,065 shares at a price of $9.17 per share. The fund, with a market capitalization of $164.35 million, currently trades near its 52-week low of $8.74, while offering an attractive dividend yield of 5.47%.
Following this acquisition, Saba Capital Management now holds a total of 3,842,763 shares in the fund. The transaction was confirmed by signatures from Zachary Gindes on behalf of Saba Capital Management and Boaz Weinstein, both dated June 12, 2025. InvestingPro analysis reveals that ENX has maintained dividend payments for 24 consecutive years, demonstrating strong dividend consistency. Subscribers can access additional insights through the comprehensive Pro Research Report, which includes detailed analysis of the fund’s performance and prospects.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.