Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
Saba Capital Management, a ten percent owner of ADAMS NATURAL RESOURCES FUND, INC. (NYSE:PEO), reported selling 7,903 shares of common stock on July 2, 2025. The shares were sold at a price of $21.7, with the transaction amounting to $171,495. The sale occurred near PEO’s current trading price of $21.66, with the stock showing strong momentum with a 5.68% year-to-date return. According to InvestingPro, PEO offers an impressive 9.51% dividend yield and has maintained dividend payments for 54 consecutive years.
Following the transaction, Saba Capital Management still owns 2,869,436 shares of Adams Natural Resources Fund, representing a significant position in the $573 million market cap company. The sale was reported in a Form 4 filing with the Securities and Exchange Commission. The filing was signed by Zachary Gindes on behalf of Saba Capital Management, L.P., and by Boaz Weinstein. For deeper insights into PEO’s valuation and additional ProTips, check out the comprehensive research report available on InvestingPro.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.