Saba Capital Management Amends 13D Filing for abrdn Global Infrastructure Fund

TL;DR

Saba Capital Management updated its stake filing for abrdn Global Infrastructure Income Fund.

AI Summary

Saba Capital Management, L.P. has filed an amendment (No. 3) to its Schedule 13D/A regarding abrdn Global Infrastructure Income Fund, as of December 11, 2024. Saba Capital Management, L.P. is listed as a group member along with Boaz R. Weinstein. The filing pertains to the common shares of the issuer.

Why It Matters

This filing indicates ongoing activity and potential strategic interest from Saba Capital Management in abrdn Global Infrastructure Income Fund, which could influence the fund's future direction or shareholder value.

Risk Assessment

Risk Level: medium — Schedule 13D/A filings often signal activist investor intentions or significant stake changes, which can introduce volatility and uncertainty.

Key Players & Entities

• Saba Capital Management, L.P. (company) — Filer of the Schedule 13D/A
• abrdn Global Infrastructure Income Fund (company) — Subject company of the filing
• Boaz R. Weinstein (person) — Group member associated with the filing

FAQ

Key Financial Figures

• $0.001 — Fund (Name of Issuer) Common Shares, $0.001 par value (Title of Class of Securities
• $45,484,127 — ported herein. A total of approximately $45,484,127 was paid to acquire the Common Shares r

Filing Documents

• formsc13da.htm (SC 13D/A) — 64KB
• 0001062993-24-020433.txt ( ) — 66KB

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: December 11, 2024 SABA CAPITAL MANAGEMENT, L.P. By: /s/ Michael D'Angelo Name: Michael D'Angelo Title: Chief Compliance Officer SABA CAPITAL MANAGEMENT GP, LLC By: /s/ Michael D'Angelo Name: Michael D'Angelo Title: Authorized Signatory BOAZ R. WEINSTEIN By: /s/ Michael D'Angelo Name: Michael D'Angelo Title: Attorney-in-fact* * Pursuant to a power of attorney dated as of November 16, 2015, which is incorporated herein by reference to Exhibit 2 to the Schedule 13G filed by the Reporting Persons on December 28, 2015, accession number: 0001062993-15-006823 CUSIP No. 00326W106 SCHEDULE 13D/A Page 7 of 7 Pages Schedule A This Schedule sets forth information with respect to each purchase and sale of Common Shares which were effectuated by Saba Capital within the past sixty days prior to 12/9/24, the date of the event which required filing of this Schedule 13D/A. All transactions were effectuated in the open market through a broker. Trade Date Buy/Sell Shares Price 11/4/2024 Sell 2,349 19.67 11/5/2024 Sell 11,897 19.66 11/18/2024 Sell 16,874 19.62 11/19/2024 Sell 41,476 19.69 11/20/2024 Sell 28,478 19.71 11/21/2024 Sell 25,916 19.61 11/22/2024 Sell 5,329 19.58 11/25/2024 Sell 8,522 19.65 11/26/2024 Sell 16,912 19.70 11/27/2024 Sell 26,936 19.75 11/29/2024 Sell 12,724 19.83 12/2/2024 Sell 28,901 19.82 12/3/2024 Sell 7,873 19.85 12/4/2024 Sell 20,860 19.68 12/5/2024 Sell 25,728 19.74 12/6/2024 Sell 16,188 19.78 12/9/2024 Sell 20,234 19.76

View Full Filing

View this SC 13D/A filing on SEC EDGAR