Saba Capital Amends Filing for Nuveen Real Asset Income & Growth Fund
Ticker: JRI · Form: SC 13D/A · Filed: Jul 19, 2024 · CIK: 1539337
| Field | Detail |
|---|---|
| Company | Nuveen Real Asset Income & Growth Fund (JRI) |
| Form Type | SC 13D/A |
| Filed Date | Jul 19, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $22,698,416 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 13D-filing, amendment, closed-end-fund
TL;DR
Saba Capital updated its filing for Nuveen Real Asset Income & Growth Fund - watch for changes.
AI Summary
Saba Capital Management, L.P. filed an amendment (Amendment No. 5) to its Schedule 13D on July 19, 2024, regarding Nuveen Real Asset Income & Growth Fund. The filing indicates a change in the reporting person's holdings or intentions concerning the issuer's common shares.
Why It Matters
This amendment signals potential shifts in Saba Capital's stake or strategy concerning the Nuveen fund, which could influence the fund's market performance and governance.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate strategic moves by significant shareholders, which can lead to increased volatility or changes in company direction.
Key Numbers
- Amendment No. 5 — Filing Amendment (Indicates a significant update to previous filings.)
Key Players & Entities
- Saba Capital Management, L.P. (company) — Reporting Person
- Nuveen Real Asset Income & Growth Fund (company) — Issuer
- Michael D'Angelo (person) — Authorized Contact
FAQ
What specific changes are detailed in Amendment No. 5 to the Schedule 13D filing?
The filing itself (document 0001062993-24-013945.txt) would contain the specific details of the changes, which are not fully provided in the header information.
What is the CUSIP number for Nuveen Real Asset Income & Growth Fund's common shares?
The CUSIP number is 67074Y105.
Who is the person authorized to receive notices for Saba Capital Management, L.P. regarding this filing?
Michael D'Angelo is the person authorized to receive notices, with a contact number of (212) 542-4635.
What is the business address of Saba Capital Management, L.P.?
Saba Capital Management, L.P.'s business address is 405 Lexington Avenue, 58th Floor, New York, NY 10174.
On what date was this Schedule 13D/A filing made?
The filing was made on July 19, 2024.
Filing Stats: 1,367 words · 5 min read · ~5 pages · Grade level 10.2 · Accepted 2024-07-19 09:05:20
Key Financial Figures
- $0.01 — Fund (Name of Issuer) Common Shares, $0.01 par value (Title of Class of Securiti
- $22,698,416 — ported herein. A total of approximately $22,698,416 was paid to acquire the Common Shares r
Filing Documents
- formsc13da.htm (SC 13D/A) — 67KB
- 0001062993-24-013945.txt ( ) — 68KB
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: July 19, 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. 67074Y105 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. All transactions were effectuated in the open market through a broker. Trade Date Buy/Sell Shares Price 5/30/2024 Buy 40,394 11.30 5/31/2024 Buy 3,365 11.42 6/5/2024 Buy 5,171 11.64 6/10/2024 Sell (42,472) 12.06 6/12/2024 Sell (4,580) 12.22 6/27/2024 Sell (5,423) 12.10 6/28/2024 Sell (21,355) 12.15 7/3/2024 Sell (55,436) 12.41 7/5/2024 Sell (42,294) 12.34 7/9/2024 Sell (39,693) 12.27 7/10/2024 Sell (23,580) 12.32 7/11/2024 Sell (14,295) 12.42 7/12/2024 Sell (7,733) 12.51 7/15/2024 Sell (121,017) 12.57 7/16/2024 Sell (72,609) 12.59 7/17/2024 Sell (92,160) 12.59 7/18/2024 Sell (3,558) 12.55