Saba Capital Amends Filing for Nuveen Real Asset Fund
Ticker: JRI · Form: SC 13D/A · Filed: Aug 28, 2024 · CIK: 1539337
| Field | Detail |
|---|---|
| Company | Nuveen Real Asset Income & Growth Fund (JRI) |
| Form Type | SC 13D/A |
| Filed Date | Aug 28, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $13,444,552 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 13D-filing, amendment, closed-end-fund
TL;DR
Saba Capital just updated its stake in Nuveen Real Asset Income & Growth Fund. Keep an eye on this.
AI Summary
Saba Capital Management, L.P. filed an amendment (No. 8) to its Schedule 13D on August 28, 2024, regarding Nuveen Real Asset Income & Growth Fund. The filing indicates a change in beneficial ownership of the fund's common shares, with Saba Capital Management, L.P. being the primary filer. The specific details of the change in ownership or the exact number of shares involved are not explicitly stated in this header information.
Why It Matters
This amendment signals a potential shift in the holdings of a significant investor in Nuveen Real Asset Income & Growth Fund, which could influence the fund's strategy or market perception.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased volatility or strategic shifts for the company.
Key Players & Entities
- Saba Capital Management, L.P. (company) — Filing entity
- Nuveen Real Asset Income & Growth Fund (company) — Subject company
- Michael D'Angelo (person) — Authorized contact for Saba Capital
FAQ
What specific changes in beneficial ownership are detailed in this SC 13D/A filing?
The provided header information does not specify the exact changes in beneficial ownership or the number of shares involved in this amendment (No. 8).
When was the previous SC 13D filing by Saba Capital Management, L.P. for this fund?
The filing is an amendment (No. 8), implying previous filings exist, but the date of the prior filing is not present in this header.
What is the CUSIP number for Nuveen Real Asset Income & Growth Fund's common shares?
The CUSIP number for the common shares of Nuveen Real Asset Income & Growth Fund is 67074Y105.
Who is the authorized person to receive notices for Saba Capital Management, L.P. regarding this filing?
Michael D'Angelo at Saba Capital Management, L.P. is the authorized person to receive notices and communications.
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.
Filing Stats: 1,337 words · 5 min read · ~4 pages · Grade level 11.4 · Accepted 2024-08-28 09:36:19
Key Financial Figures
- $0.01 — Fund (Name of Issuer) Common Shares, $0.01 par value (Title of Class of Securiti
- $13,444,552 — ported herein. A total of approximately $13,444,552 was paid to acquire the Common Shares r
Filing Documents
- formsc13da.htm (SC 13D/A) — 62KB
- 0001062993-24-015759.txt ( ) — 63KB
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 28, 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 since the filing of the Schedule 13D/A on 8/21/24. All transactions were effectuated in the open market through a broker. Trade Date Buy/Sell Shares Price 8/21/2024 Sell 27,309 12.77 8/22/2024 Sell 7,814 12.8 8/23/2024 Sell 105,748 12.85 8/26/2024 Sell 14,707 12.98 8/27/2024 Sell 2,510 12.97