In recent transactions, Saba Capital Management, LP, a significant participant in Nuveen Core Plus Impact Fund (NYSE:NPCT), sold about $833,476 worth of shares. The sales took place on December 3 and December 4, with shares trading between $11.36 and $11.40. The fund, which is currently valued at $326.37 million, offers investors a significant dividend yield of 12.58%. InvestingPro data shows that the stock has returned an impressive 25.26% year-to-date.
On December 3, Saba Capital Management sold 38,177 shares at $11.40 each. Another 35,058 shares were sold the next day at $11.36. These transactions reduced Saba Capital Management’s stake in the fund to 2,902,633 shares.
The transactions were reported by Boaz Weinstein, a 10 percent owner, and Zachary Gindes on behalf of Saba Capital Management.
This article was powered by AI and reviewed by an editor. For more information, see our Terms and Conditions.
