On January 12, 2024, Saba Capital Management, L.P. filed a definitive proxy statement soliciting proxies and urged the shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund to vote against a proposal, to approve an Agreement and Plan of Reorganization providing for the transfer of all of the assets of the Fund to abrdn Global Infrastructure Income Fund in exchange solely for newly issued common shares of beneficial interest of abrdn Global Infrastructure Income Fund (although cash may be distributed in lieu of fractional shares of abrdn Global Infrastructure Income Fund) and the assumption by abrdn Global Infrastructure Income Fund of all liabilities of the Fund and the distribution of common shares of beneficial interest of abrdn Global Infrastructure Income Fund to the shareholders of the Fund and complete liquidation of the Fund, at the Company?s special meeting of shareholders scheduled to be held on February 22, 2024.
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund
Equities
MFD
US55607W1009
Closed End Funds
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
7.7 USD | +1.05% | +3.77% | -2.16% |
04-18 | First Trust Announces Adjournment of Special Meeting of Shareholders | CI |
04-08 | Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Solicits Proxies from Shareholders | CI |
1st Jan change | Capi. | |
---|---|---|
-2.16% | 65.12M | |
+5.34% | 12.82B | |
+12.72% | 9.62B | |
+9.66% | 5.64B | |
-0.50% | 5.56B | |
+6.41% | 5.23B | |
+17.95% | 4.63B | |
+18.80% | 4.53B | |
+2.81% | 4.07B | |
+6.11% | 3.94B |
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- Saba Capital Management Solicits Proxies from Shareholders of Macquarie/First Trust