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Saba capital management acquires $28,068 in Tortoise Sustainable Fund stock

Published 03/04/2025, 22:48
Saba capital management acquires $28,068 in Tortoise Sustainable Fund stock
TEAF
-0.29%

Saba Capital Management, L.P., a prominent investment firm led by Boaz Weinstein, has increased its stake in the Tortoise Sustainable & Social Impact Term Fund (NYSE:TEAF). According to a recent SEC filing, Saba Capital purchased 2,473 shares of common stock on April 1, 2025, at a price of $11.35 per share, totaling $28,068.

Following this transaction, Saba Capital now holds a total of 1,386,037 shares in the fund. This acquisition underscores the firm’s continued interest in the Tortoise Sustainable & Social Impact Term Fund, which focuses on investments with a positive social and environmental impact.

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