SABA CAPITAL MANAGEMENT, L.P. purchased 6.9% of their position (200.18K shares) of ABRDN NATIONAL MUNICIPAL INCOME FUND on the open market
Open‑market purchase worth $2.29M — a moderate purchase. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 5/13/2022ACC: 0001510281-22-000098
→
10% Owner
Since Feb 2022
+200.18K
Net shares
Net buyer
$2.29M
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
200.18K acquired
Non-Derivative Transactions3
Common Stock
Indirect
Shares
+71.63K
Price / share
$11.48
Trade value
$822.28K
% of position
2.5%
5/10/2022
2.92M→2.99M
Common Stock
Indirect
Shares
+11.66K
Price / share
$11.46
Trade value
$133.62K
% of position
0.4%
5/11/2022
2.99M→3M
Common Stock
Indirect
Shares
+116.89K
Price / share
$11.41
Trade value
$1.33M
% of position
3.9%
5/12/2022
3M→3.12M
Total
Net shares
+200.18K
Net value
$2.29M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 5/10/2022 | P · Purchase | +71.63K | $11.48 | $822.28K | 2.5% | 2.92M | 2.99M |
| Common Stock Indirect | 5/11/2022 | P · Purchase | +11.66K | $11.46 | $133.62K | 0.4% | 2.99M | 3M |
| Common Stock Indirect | 5/12/2022 | P · Purchase | +116.89K | $11.41 | $1.33M | 3.9% | 3M | 3.12M |
| Total | +200.18K | $2.29M | ||||||
Derivative Transactions0
No derivative transactions reported