SABA CAPITAL MANAGEMENT, L.P. purchased 18.2% of their position (221.34K shares) of FEDERATED HERMES PREMIER MUNICIPAL INCOME FUND on the open market
Open‑market purchase worth $2.35M — a significant purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 12/11/2023ACC: 0001510281-23-000642
→
10% Owner
Since Oct 2023
+221.34K
Net shares
Net buyer
$2.35M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
221.34K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+179.40K
Price / share
$10.61
Trade value
$1.90M
% of position
13.8%
12/7/2023
1.30M→1.48M
Common Stock
Indirect
Shares
+41.94K
Price / share
$10.64
Trade value
$446.22K
% of position
3.0%
12/8/2023
1.40M→1.44M
Total
Net shares
+221.34K
Net value
$2.35M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 12/7/2023 | P · Purchase | +179.40K | $10.61 | $1.90M | 13.8% | 1.30M | 1.48M |
| Common Stock Indirect | 12/8/2023 | P · Purchase | +41.94K | $10.64 | $446.22K | 3.0% | 1.40M | 1.44M |
| Total | +221.34K | $2.35M | ||||||
Derivative Transactions0
No derivative transactions reported