S&P 500 cuts losses as Nvidia climbs ahead of results
In a recent transaction, Saba Capital Management, L.P., a significant stakeholder in Tortoise Sustainable & Social Impact Term Fund (NYSE:TEAF), acquired 33,116 shares of the fund. The shares were purchased at a price of $11.31 each, resulting in a total investment of $374,541. Following this acquisition, Saba Capital Management now holds 1,383,564 shares in the fund. The transaction was executed on March 28, 2025, as reported in a recent SEC filing. This move underscores Saba Capital’s continued interest in the fund, which focuses on sustainable and socially impactful investments. According to InvestingPro, TEAF is currently trading near its 52-week low of $11.17, with technical indicators suggesting oversold conditions. InvestingPro analysis reveals 6 additional key insights about TEAF’s investment potential.
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