SABA CAPITAL MANAGEMENT, L.P. purchased 5.2% of their position (301.37K shares) of NUVEEN FLOATING RATE INCOME FUND on the open market
Open‑market purchase worth $2.51M — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 9/24/2020ACC: 0001510281-20-000188
10% Owner
Since Sep 2020
+301.37K
Net shares
Net buyer
$2.51M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
301.37K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+95.91K
Price / share
$8.37
Trade value
$802.74K
% of position
1.7%
9/22/2020
5.75M→5.85M
Common Stock
Indirect
Shares
+205.46K
Price / share
$8.33
Trade value
$1.71M
% of position
3.5%
9/23/2020
5.85M→6.05M
Total
Net shares
+301.37K
Net value
$2.51M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 9/22/2020 | P · Purchase | +95.91K | $8.37 | $802.74K | 1.7% | 5.75M | 5.85M |
| Common Stock Indirect | 9/23/2020 | P · Purchase | +205.46K | $8.33 | $1.71M | 3.5% | 5.85M | 6.05M |
| Total | +301.37K | $2.51M | ||||||
Derivative Transactions0
No derivative transactions reported