SABA CAPITAL MANAGEMENT, L.P. purchased 3.3% of their position (198.88K shares) of NUVEEN FLOATING RATE INCOME FUND on the open market
Open‑market purchase worth $1.65M — a small addition. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 9/28/2020ACC: 0001510281-20-000191
10% Owner
Since Sep 2020
+198.88K
Net shares
Net buyer
$1.65M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
198.88K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+60.10K
Price / share
$8.30
Trade value
$498.87K
% of position
1.0%
9/24/2020
6.05M→6.11M
Common Stock
Indirect
Shares
+138.77K
Price / share
$8.27
Trade value
$1.15M
% of position
2.3%
9/25/2020
6.11M→6.25M
Total
Net shares
+198.88K
Net value
$1.65M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 9/24/2020 | P · Purchase | +60.10K | $8.30 | $498.87K | 1.0% | 6.05M | 6.11M |
| Common Stock Indirect | 9/25/2020 | P · Purchase | +138.77K | $8.27 | $1.15M | 2.3% | 6.11M | 6.25M |
| Total | +198.88K | $1.65M | ||||||
Derivative Transactions0
No derivative transactions reported