Saba to offer exit strategy for Herald investment trust shareholders if vote passes

Saba mentioned it might “encourage the brand new board to supply all shareholders a 100% money exit at 99% of internet asset worth, if they want”. 
This is able to be broadly consistent with the worth at which the belief’s shares are presently buying and selling, with Herald presently buying and selling at a 0.4% low cost to its NAV, in keeping with information from the Affiliation of Funding Corporations. 
Saba’s Boaz Weinstein hits again at Herald belief and defends its skills to outperform present administration
Saba added that it might “assist additional adjustments so this money exit could be overseen by a totally unbiased board and wouldn’t …