SABA CAPITAL MANAGEMENT, L.P. purchased 1.6% of their position (68.96K shares) of NEUBERGER HIGH YIELD STRATEGIES FUND INC. on the open market
Open‑market purchase worth $582.7K — a small addition. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 4/6/2020ACC: 0001510281-20-000093
→
10% Owner
Since Jan 2019
+68.96K
Net shares
Net buyer
$582.7K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
68.96K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+48.96K
Price / share
$8.52
Trade value
$417.14K
% of position
1.1%
4/2/2020
4.30M→4.35M
Common Stock
Indirect
Shares
+20K
Price / share
$8.28
Trade value
$165.60K
% of position
0.5%
4/3/2020
4.35M→4.37M
Total
Net shares
+68.96K
Net value
$582.74K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 4/2/2020 | P · Purchase | +48.96K | $8.52 | $417.14K | 1.1% | 4.30M | 4.35M |
| Common Stock Indirect | 4/3/2020 | P · Purchase | +20K | $8.28 | $165.60K | 0.5% | 4.35M | 4.37M |
| Total | +68.96K | $582.74K | ||||||
Derivative Transactions0
No derivative transactions reported