SABA CAPITAL MANAGEMENT, L.P. purchased 14.9% of their position (49.69K shares) of MFS CALIFORNIA MUNICIPAL FUND on the open market
Open‑market purchase worth $521.7K — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 1/22/2019ACC: 0001510281-19-000024
10% Owner
Since Jan 2019
+49.69K
Net shares
Net buyer
$521.7K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
49.69K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+10.80K
Price / share
$10.49
Trade value
$113.29K
% of position
3.2%
1/17/2019
333.01K→343.81K
Common Stock
Indirect
Shares
+38.89K
Price / share
$10.50
Trade value
$408.39K
% of position
11.3%
1/18/2019
343.81K→382.70K
Total
Net shares
+49.69K
Net value
$521.68K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 1/17/2019 | P · Purchase | +10.80K | $10.49 | $113.29K | 3.2% | 333.01K | 343.81K |
| Common Stock Indirect | 1/18/2019 | P · Purchase | +38.89K | $10.50 | $408.39K | 11.3% | 343.81K | 382.70K |
| Total | +49.69K | $521.68K | ||||||
Derivative Transactions0
No derivative transactions reported