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  "documentTitle": "Saba Capital Management | Activist Presentation Deck | 33 slides",
  "authorId": "saba-capital-management",
  "authorName": "Saba Capital",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2024-03-01 00:00:00",
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  "pageNumber": 28,
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  "density": "balanced",
  "nDataPoints": 2,
  "notes": "Includes two press release snippets as evidence of the strategic shift.",
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      "kind": "image",
      "text": "Center Coast Brookfield MLP & Energy Infrastructure Fund Announces Planned Reorganization (Press Release 3/30/2023)",
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      "text": "Center Coast Brookfield MLP & Energy Infrastructure Fund Considering Strategic Options (Press Release 8/1/2022)",
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      "text": "Saba tries to find creative solutions for any fund that we're involved in. We do not have a \"cookie cutter\" approach. CEN had a -19.4% discount to NAV prior to Saba's engagement. The discount reached as wide as -27.3% during the year of our engagement. After we began engaging with CEN, the board began a review of paths to address CEN's discount to NAV. Ultimately, CEN reorganized into an open-end fund – following shareholder approval. The move successfully eliminated CEN's discount to NAV.",
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      "text": "CEN press release, 8/1/2022. CEN press release, 3/30/2023.",
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      "kind": "title",
      "text": "We Helped Eliminate the Discount at Center Coast Brookfield MLP & Energy Infrastructure Fund (formerly NYSE: CEN)",
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      "evidence": "The deck presents case studies of successful interventions by Saba Capital Management",
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      "objective": "What are the results of Saba Capital Management's previous interventions?",
      "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
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