Harvest Lowers HHLE Risk Rating and Raises HPYT.B to Medium
Harvest has updated the risk ratings of two ETFs, effective September 23, 2026. The Harvest Healthcare Leaders Enhanced Income ETF (HHLE) moved from “Medium to…
Saba Capital has shifted the Saba Capital Investment Trusts UCITS ETF (UKIT) to a semi-transparent structure, replacing daily public portfolio disclosure with quarterly reporting delayed by one month. Authorized participants will retain daily access under non-disclosure agreements. The change aims to prevent other investors from buying ahead of Saba as it builds positions in relatively illiquid investment trusts, a process that can take one to two months. Launched through HANetf, the actively managed ETF targets trusts trading below net asset value and may press boards for buybacks, tender offers or restructurings. UKIT charges 1.5% annually and held £39.4 million in net assets as of September 23.
At a glance
- Beat
- Fund Updates
- Issuer
- Saba Capital Management
- Region
- Europe
- Filed
- 23 September 2026
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