Saba Capital sells Nuveen Pennsylvania (NQP) shares for $121,514

Published 04/09/2025, 15:54
Saba Capital sells Nuveen Pennsylvania (NQP) shares for $121,514

Saba Capital Management, along with Boaz Weinstein, reported selling shares of NUVEEN PENNSYLVANIA QUALITY MUNICIPAL INCOME FUND (NYSE:NQP) on September 2nd and 3rd, 2025. The sales, totaling $121,514, involved 11,117 shares of common stock sold in the price range of $10.93 to $10.96. The fund, currently trading at $10.97, offers an attractive 8.56% dividend yield and has maintained dividend payments for 35 consecutive years, according to InvestingPro data.

On September 2, Saba Capital sold 10,927 shares at $10.93 per share. Following this transaction, Saba Capital’s holdings decreased to 4,905,387 shares. On September 3, the firm sold an additional 190 shares at $10.96 per share, leaving them with 4,905,197 shares. The $408.28 million market cap fund is currently trading near its 52-week low of $10.65, with historically low price volatility.

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