SABA CAPITAL MANAGEMENT, L.P. purchased 12.7% of their position (371.55K shares) of MFS HIGH YIELD MUNICIPAL TRUST on the open market
Open‑market purchase worth $1.17M — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 6/8/2023ACC: 0001510281-23-000127
10% Owner
Since Apr 2023
+371.55K
Net shares
Net buyer
$1.17M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
371.55K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+358.68K
Price / share
$3.15
Trade value
$1.13M
% of position
12.3%
6/6/2023
2.92M→3.28M
Common Stock
Indirect
Shares
+12.87K
Price / share
$3.19
Trade value
$41.07K
% of position
0.4%
6/8/2023
3.28M→3.29M
Total
Net shares
+371.55K
Net value
$1.17M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 6/6/2023 | P · Purchase | +358.68K | $3.15 | $1.13M | 12.3% | 2.92M | 3.28M |
| Common Stock Indirect | 6/8/2023 | P · Purchase | +12.87K | $3.19 | $41.07K | 0.4% | 3.28M | 3.29M |
| Total | +371.55K | $1.17M | ||||||
Derivative Transactions0
No derivative transactions reported