SABA CAPITAL MANAGEMENT, L.P. purchased 5.6% of their position (338.10K shares) of BNY MELLON STRATEGIC MUNICIPALS, INC. on the open market
Open‑market purchase worth $1.91M — a moderate purchase. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 10/20/2026ACC: 0001510281-26-000365
→
10% Owner
Since Oct 2026
+338.10K
Net shares
Net buyer
$1.91M
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
338.10K acquired
Non-Derivative Transactions3
Common Stock
Indirect
Shares
+250.09K
Price / share
$5.66
Trade value
$1.42M
% of position
4.1%
10/16/2026
6.09M→6.34M
Common Stock
Indirect
Shares
+72.77K
Price / share
$5.63
Trade value
$409.70K
% of position
1.1%
10/16/2026
6.34M→6.41M
Common Stock
Indirect
Shares
+15.25K
Price / share
$5.67
Trade value
$86.44K
% of position
0.2%
10/19/2026
6.41M→6.43M
Total
Net shares
+338.10K
Net value
$1.91M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 10/16/2026 | P · Purchase | +250.09K | $5.66 | $1.42M | 4.1% | 6.09M | 6.34M |
| Common Stock Indirect | 10/16/2026 | P · Purchase | +72.77K | $5.63 | $409.70K | 1.1% | 6.34M | 6.41M |
| Common Stock Indirect | 10/19/2026 | P · Purchase | +15.25K | $5.67 | $86.44K | 0.2% | 6.41M | 6.43M |
| Total | +338.10K | $1.91M | ||||||
Derivative Transactions0
No derivative transactions reported