Saba Capital Management Amends Voya Infrastructure Filing
Ticker: IDE · Form: SC 13D/A · Filed: Aug 29, 2024 · CIK: 1417802
| Field | Detail |
|---|---|
| Company | Voya Infrastructure, Industrials & Materials Fund (IDE) |
| Form Type | SC 13D/A |
| Filed Date | Aug 29, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $6,492,707 |
| Sentiment | neutral |
Sentiment: neutral
Topics: activist-investor, filing-amendment, ownership-change
TL;DR
Saba Capital updated its 13D on Voya Infrastructure Fund. Watch for potential moves.
AI Summary
Saba Capital Management, L.P. has filed an amendment (Amendment No. 4) to its Schedule 13D/A regarding Voya Infrastructure, Industrials & Materials Fund. The filing, dated August 29, 2024, indicates changes in beneficial ownership. Saba Capital Management, L.P. is based in New York, NY.
Why It Matters
This filing signals potential shifts in significant shareholdings, which could influence the market perception and trading activity of Voya Infrastructure, Industrials & Materials Fund.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in control, introducing potential volatility.
Key Players & Entities
- Saba Capital Management, L.P. (company) — Filer of the Schedule 13D/A
- Voya Infrastructure, Industrials & Materials Fund (company) — Subject company
- BOAZ R. WEINSTEIN (person) — Group member of the filer
- SABA CAPITAL MANAGEMENT GP, LLC (company) — Group member of the filer
FAQ
What is the filing date of this Schedule 13D/A amendment?
The filing date is August 29, 2024.
Who is the primary filer of this amendment?
Saba Capital Management, L.P. is the primary filer.
What is the subject company of this filing?
The subject company is Voya Infrastructure, Industrials & Materials Fund.
What is the SEC file number for this filing?
The SEC file number is 005-87007.
What was the previous name of the subject company?
The subject company was formerly known as ING Infrastructure, Industrials & Materials Fund.
Filing Stats: 1,350 words · 5 min read · ~5 pages · Grade level 10.9 · Accepted 2024-08-29 10:32:17
Key Financial Figures
- $0.01 — Fund (Name of Issuer) Common Shares, $0.01 par value (Title of Class of Securiti
- $6,492,707 — ported herein. A total of approximately $6,492,707 was paid to acquire the Common Shares r
Filing Documents
- formsc13da.htm (SC 13D/A) — 63KB
- 0001062993-24-015844.txt ( ) — 65KB
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: August 29, 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. 92912X101 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 since the Schedule 13D/A filing on 7/25/24. All transactions were effectuated in the open market through a broker. Trade Date Buy/Sell Shares Price 7/25/2024 Sell 9,691 10.37 8/2/2024 Sell 13,330 10.22 8/5/2024 Sell 17,275 9.92 8/8/2024 Sell 3,704 10.17 8/13/2024 Sell 1,824 10.21 8/14/2024 Sell 11,996 10.38 8/16/2024 Sell 14,112 10.51 8/20/2024 Sell 12,226 10.66 8/22/2024 Sell 16,045 10.75 8/23/2024 Sell 38,038 10.82 8/26/2024 Sell 49,158 10.90 8/27/2024 Sell 17,372 10.84 8/28/2024 Sell 34,756 10.80