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Saba Capital Management buys $336,962 in Pioneer Municipal High Income Advantage fund

Published 31/12/2024, 17:52
Saba Capital Management buys $336,962 in Pioneer Municipal High Income Advantage fund
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Following these acquisitions, Saba Capital now holds 3,761,128 shares in the fund. The transactions highlight Saba Capital's continued interest in Pioneer Municipal High Income Advantage Fund, a Maryland-based closed-end management investment company. InvestingPro data reveals the fund has maintained dividend payments for 22 consecutive years, currently offering a 4.62% yield. The fund typically exhibits low price volatility, with a beta of 0.65, making it potentially attractive for stability-focused investors. InvestingPro data reveals the fund has maintained dividend payments for 22 consecutive years, currently offering a 4.62% yield. The fund typically exhibits low price volatility, with a beta of 0.65, making it potentially attractive for stability-focused investors.

Following these acquisitions, Saba Capital now holds 3,761,128 shares in the fund. The transactions highlight Saba Capital's continued interest in Pioneer Municipal High Income Advantage Fund, a Maryland-based closed-end management investment company.

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