Form 4: Saba Capital Management Reports Transaction in BlackRock MuniYield Pennsylvania Quality Fund
SEC Form 4 Filing
Saba Capital Management, a 10% owner and director, reports the disposition of shares in BlackRock MuniYield Pennsylvania Quality Fund.
Summary
- Saba Capital Management, L.P., along with Boaz Weinstein, reported a transaction in BlackRock MuniYield Pennsylvania Quality Fund (MPA) on February 12, 2025.
- The transaction involved the disposition of 21,807 shares of common stock at a price of $11.5 per share.
- Following the transaction, Saba Capital Management's beneficial ownership is 2,057,746 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to the market regarding the activities of significant shareholders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a significant holder.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of transaction (disposition of shares) |
| 02/13/2025 | Date of signature for the report |
Keywords
Form 4, Saba Capital Management, BlackRock MuniYield Pennsylvania Quality Fund, MPA, Beneficial Ownership, Transaction
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