Saba Capital Management, L.P., a significant owner of Nuveen Core Plus Impact Fund (NYSE:NPCT), recently reported selling shares worth approximately $817,753. The transactions occurred over two days, with sales prices ranging from $11.31 to $11.32 per share. The fund, which currently trades at $11.34 and offers an attractive dividend yield of ~13%, has demonstrated strong performance with a 25% gain year-to-date. According to InvestingPro, the stock typically exhibits low price volatility, making it potentially interesting for stability-focused investors.
On December 5, Saba Capital sold 45,572 shares at $11.31 each, followed by another sale of 26,708 shares at $11.32 on December 6. Following these transactions, Saba Capital still holds 2,830,353 shares of the fund. The sales were disclosed in a filing with the Securities and Exchange Commission, signed by Zachary Gindes on behalf of Saba Capital, and by Boaz Weinstein. Discover more insights and 2 additional ProTips about NPCT on InvestingPro.
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