SABA CAPITAL MANAGEMENT, L.P. purchased 2.5% of their position (103.07K shares) of NEUBERGER HIGH YIELD STRATEGIES FUND INC. on the open market
Open‑market purchase worth $847.4K — a small addition. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 3/23/2020ACC: 0001510281-20-000075
→
10% Owner
Since Jan 2019
+103.07K
Net shares
Net buyer
$847.4K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
103.07K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+82.77K
Price / share
$8.32
Trade value
$688.63K
% of position
2.0%
3/18/2020
4.15M→4.23M
Common Stock
Indirect
Shares
+20.30K
Price / share
$7.82
Trade value
$158.75K
% of position
0.5%
3/20/2020
4.23M→4.25M
Total
Net shares
+103.07K
Net value
$847.38K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 3/18/2020 | P · Purchase | +82.77K | $8.32 | $688.63K | 2.0% | 4.15M | 4.23M |
| Common Stock Indirect | 3/20/2020 | P · Purchase | +20.30K | $7.82 | $158.75K | 0.5% | 4.23M | 4.25M |
| Total | +103.07K | $847.38K | ||||||
Derivative Transactions0
No derivative transactions reported