SABA CAPITAL MANAGEMENT, L.P. purchased 3.5% of their position (154.98K shares) of NEUBERGER HIGH YIELD STRATEGIES FUND INC. on the open market
Open‑market purchase worth $1.54M — a small addition. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 5/11/2020ACC: 0001510281-20-000134
→
10% Owner
Since Jan 2019
+154.98K
Net shares
Net buyer
$1.54M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
154.98K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+59.78K
Price / share
$9.88
Trade value
$590.63K
% of position
1.3%
5/7/2020
4.44M→4.50M
Common Stock
Indirect
Shares
+95.20K
Price / share
$9.96
Trade value
$948.19K
% of position
2.1%
5/8/2020
4.50M→4.60M
Total
Net shares
+154.98K
Net value
$1.54M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 5/7/2020 | P · Purchase | +59.78K | $9.88 | $590.63K | 1.3% | 4.44M | 4.50M |
| Common Stock Indirect | 5/8/2020 | P · Purchase | +95.20K | $9.96 | $948.19K | 2.1% | 4.50M | 4.60M |
| Total | +154.98K | $1.54M | ||||||
Derivative Transactions0
No derivative transactions reported