In a recent transaction, Saba Capital Management, LP, a major shareholder of Nuveen Core Plus Impact Fund (NYSE:NPCT) sold approximately $833,476 worth of shares. The sales took place on December 3 and December 4, with shares sold for prices ranging from $11.36 to $11.40. Currently valued at $326.37 million, the fund offers investors a respectable 12.58% dividend yield. The stock has returned an impressive 25.26% year to date, according to InvestingPro data.
On December 3, Saba Capital Management sold 38,177 shares for $11.40 per share. The next day, an additional 35,058 shares were sold at $11.36. These transactions reduced Saba Capital Management’s fund holdings to 2,902,633 shares.
The transaction was reported by 10% owners Boaz Weinstein and Zachary Gindes on behalf of Saba Capital Management.
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