Form 4: Saba Capital Sells MEGI Shares

Saba Capital Management, L.P., a 10% owner, reported the sale of 11,571 shares of CBRE Global Infrastructure Megatrends Term Fund common stock at $13.76 per share.

Summary

• Saba Capital Management, L.P., identified as a 10% owner of CBRE Global Infrastructure Megatrends Term Fund (MEGI), reported a transaction.
• On December 9, 2025, Saba Capital Management, L.P. disposed of 11,571 shares of common stock.
• The shares were sold at a price of $13.76 per share.
• Following this transaction, Saba Capital Management, L.P. indirectly beneficially owns 5,701,115 shares of MEGI common stock.

Sentiment

Score: 4

Explanation: The filing reports an insider sale by a 10% owner, which can sometimes be perceived negatively by the market, though the amount sold is a small fraction of the total beneficial ownership.

Negatives

• Saba Capital Management, L.P., a 10% owner, sold 11,571 shares of common stock, which could be interpreted by some investors as a slight reduction in confidence, although the amount represents a small fraction of their total beneficial ownership.

Risks

• Potential negative market perception due to an insider sale by a significant shareholder, although the transaction size is relatively small compared to the total beneficial ownership.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Shareholders might perceive the insider sale as a slight decrease in confidence from a significant owner, potentially leading to minor shifts in sentiment, though the impact is likely limited given the transaction's size relative to total holdings.

Key Dates

Keywords

Saba Capital Management, CBRE Global Infrastructure Megatrends Term Fund, MEGI, Form 4, Insider Trading, Stock Sale, 10% Owner, Beneficial Ownership