SABA CAPITAL MANAGEMENT, L.P. purchased 18.7% of their position (240.48K shares) of DWS STRATEGIC MUNICIPAL INCOME TRUST on the open market
Open‑market purchase worth $2.04M — a significant purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 12/11/2023ACC: 0001510281-23-000644
→
10% Owner
Since Aug 2023
+240.48K
Net shares
Net buyer
$2.04M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
240.48K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+239.58K
Price / share
$8.48
Trade value
$2.03M
% of position
18.6%
12/7/2023
1.29M→1.53M
Common Stock
Indirect
Shares
+900.00
Price / share
$8.48
Trade value
$7.63K
% of position
0.1%
12/8/2023
1.52M→1.52M
Total
Net shares
+240.48K
Net value
$2.04M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 12/7/2023 | P · Purchase | +239.58K | $8.48 | $2.03M | 18.6% | 1.29M | 1.53M |
| Common Stock Indirect | 12/8/2023 | P · Purchase | +900.00 | $8.48 | $7.63K | 0.1% | 1.52M | 1.52M |
| Total | +240.48K | $2.04M | ||||||
Derivative Transactions0
No derivative transactions reported