SABA CAPITAL MANAGEMENT, L.P. purchased 6.0% of their position (375.79K shares) of NUVEEN FLOATING RATE INCOME FUND on the open market
Open‑market purchase worth $3.12M — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 9/30/2020ACC: 0001510281-20-000194
10% Owner
Since Sep 2020
+375.79K
Net shares
Net buyer
$3.12M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
375.79K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+25.84K
Price / share
$8.30
Trade value
$214.49K
% of position
0.4%
9/28/2020
6.25M→6.28M
Common Stock
Indirect
Shares
+349.95K
Price / share
$8.30
Trade value
$2.90M
% of position
5.6%
9/29/2020
6.28M→6.63M
Total
Net shares
+375.79K
Net value
$3.12M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 9/28/2020 | P · Purchase | +25.84K | $8.30 | $214.49K | 0.4% | 6.25M | 6.28M |
| Common Stock Indirect | 9/29/2020 | P · Purchase | +349.95K | $8.30 | $2.90M | 5.6% | 6.28M | 6.63M |
| Total | +375.79K | $3.12M | ||||||
Derivative Transactions0
No derivative transactions reported