LEO: Saba adds shares in $1.96 million buying
345,828 shares purchased on 16–20 October 2026, according to two Form 4 filings.
Filed with the SEC:
Saba Capital Management reported further purchases in BNY Mellon Strategic Municipals. The transaction shown in the image covers 322,858 shares purchased on 16 October for approximately $1.83 million. Further purchases on 19 and 20 October bring the combined value to approximately $1.96 million.
Purchases · 16–20 October
- 0116 Oct: 250,087 shares at $5.66 and 72,771 at $5.63.
- 0219 Oct: 15,246 shares at $5.67.
- 0320 Oct: 7,724 shares at $5.72.
The reported holding after the purchases totals 6,436,358 shares. The shares are held by funds and/or accounts managed by Saba. These are major shareholder transactions and do not guarantee a rising share price.
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