S&P 500 cuts losses as Nvidia climbs ahead of results
In recent transactions, Saba Capital Management, L.P., a significant shareholder in Tortoise Sustainable & Social Impact Term Fund (NYSE:TEAF), acquired additional shares totaling $402,931. The purchases occurred on April 3 and April 4, 2025, with share prices ranging from $11.06 to $11.43.
The acquisitions involved 14,181 shares purchased on April 3 at $11.43 each, followed by 21,776 shares bought on April 4 at $11.06 per share. These transactions increased Saba Capital's holdings in the fund to 1,421,994 shares. Notably, TEAF offers investors a substantial dividend yield of 9.8%, with annual distributions of $1.08 per share.
Boaz Weinstein, a key figure in Saba Capital, was also listed as a reporting owner in the filing. The transactions reflect ongoing investment activity by Saba Capital in the Tortoise Sustainable & Social Impact Term Fund, which focuses on investments with a sustainable and social impact.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.