Form 4: Saba Capital Management Reports Transaction in Nuveen Pennsylvania Quality Municipal Income Fund
SEC Form 4 Filing
Saba Capital Management, a 10% owner and director, reports the sale of 2,789 shares of Nuveen Pennsylvania Quality Municipal Income Fund (NQP) at $11.89 per share.
Summary
- On October 28, 2024, Saba Capital Management, L.P., through its director Boaz Weinstein, reported a transaction in Nuveen Pennsylvania Quality Municipal Income Fund (NQP).
- The transaction involved the sale of 2,789 shares of common stock at a price of $11.89 per share.
- Following the transaction, Saba Capital Management beneficially owns 5,151,310 shares indirectly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a transaction. It doesn't convey any particular positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a major shareholder in a publicly traded company. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a major holder.
Key Dates
| Date | Description |
|---|---|
| 10/28/2024 | Date of transaction: Sale of common stock |
| 10/29/2024 | Date of report signature |
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