Saba Capital Management Files 13D for Nuveen Missouri Quality Municipal Income Fund
Ticker: NOM · Form: SC 13D · Filed: Apr 4, 2024 · CIK: 899782
| Field | Detail |
|---|---|
| Company | Nuveen Missouri Quality Municipal Income Fund (NOM) |
| Form Type | SC 13D |
| Filed Date | Apr 4, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.01, $1,255,011 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 13d-filing, activist-investor, closed-end-fund
TL;DR
**SABA CAPITAL TAKES STAKE IN NUVIN MO QUAL MUN INC!**
AI Summary
Saba Capital Management, L.P. has filed a Schedule 13D on April 4, 2024, disclosing its beneficial ownership of Nuveen Missouri Quality Municipal Income Fund. Saba Capital Management, L.P. is an investment management firm based in New York.
Why It Matters
This filing indicates a significant stake by Saba Capital Management in the Nuveen Missouri Quality Municipal Income Fund, potentially signaling activist intentions or a strategic investment.
Risk Assessment
Risk Level: medium — Schedule 13D filings can indicate potential activist investor activity, which may lead to increased volatility or strategic changes for the company.
Key Players & Entities
- Saba Capital Management, L.P. (company) — Filing entity
- Nuveen Missouri Quality Municipal Income Fund (company) — Subject company
- Michael D'Angelo (person) — Contact person for Saba Capital Management
FAQ
What is the primary purpose of this SC 13D filing?
The primary purpose is to disclose beneficial ownership of Nuveen Missouri Quality Municipal Income Fund by Saba Capital Management, L.P.
Who is the filing entity?
The filing entity is Saba Capital Management, L.P.
What is the subject company?
The subject company is Nuveen Missouri Quality Municipal Income Fund.
When was this filing made?
This filing was made on April 4, 2024.
Who is listed as the contact person for the filing entity?
Michael D'Angelo is listed as the contact person for Saba Capital Management, L.P.
Filing Stats: 2,370 words · 9 min read · ~8 pages · Grade level 14.7 · Accepted 2024-04-04 08:32:57
Key Financial Figures
- $0.01 — FUND (Name of Issuer) Common Shares, $0.01 par value (Title of Class of Securiti
- $1,255,011 — ported herein. A total of approximately $1,255,011 was paid to acquire the Common Shares r
Filing Documents
- formsc13d.htm (SC 13D) — 75KB
- exhibit1.htm (EX-1) — 4KB
- 0001062993-24-008038.txt ( ) — 80KB
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: April 4, 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. 67060Q108 SCHEDULE 13D Page 10 of 10 Pages Schedule A This Schedule sets forth information with respect to each purchase and sale of Common Shares which were effectuated by Saba Capital during the past sixty days. All transactions were effectuated in the open market through a broker. Trade Date Buy/Sell Shares Price 3/12/2024 Buy 2,462 10.18 3/13/2024 Buy 7,074 10.21 3/14/2024 Buy 300 10.15 4/2/2024 Buy 9,565 10.01