Saba Capital Amends 13D Filing for Nuveen Core Plus Impact Fund
Ticker: NPCT · Form: SC 13D/A · Filed: Apr 4, 2024 · CIK: 1835068
| Field | Detail |
|---|---|
| Company | Nuveen Core Plus Impact Fund (NPCT) |
| Form Type | SC 13D/A |
| Filed Date | Apr 4, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $37,889,621 |
| Sentiment | neutral |
Sentiment: neutral
Topics: activist-investor, sec-filing, amendment
TL;DR
Saba Capital updated its filing for Nuveen Core Plus Impact Fund. Watch for potential strategy changes.
AI Summary
Saba Capital Management, L.P. has filed an amendment (No. 3) to its Schedule 13D/A for Nuveen Core Plus Impact Fund, as of April 4, 2024. This filing indicates a change in the reporting person's holdings or intentions regarding the fund's common shares.
Why It Matters
This amendment signals potential shifts in Saba Capital's stake or strategy concerning Nuveen Core Plus Impact Fund, which could influence the fund's market performance and governance.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in activist investor strategies or significant stake adjustments, which can introduce volatility.
Key Players & Entities
- Saba Capital Management, L.P. (company) — Reporting person filing the Schedule 13D/A
- Nuveen Core Plus Impact Fund (company) — Subject company of the filing
- Michael D'Angelo (person) — Person authorized to receive notices for Saba Capital Management, L.P.
FAQ
What is the specific nature of the amendment (No. 3) to the Schedule 13D/A?
The filing is an amendment to Saba Capital Management, L.P.'s Schedule 13D/A for Nuveen Core Plus Impact Fund, indicating a change in reporting person's holdings or intentions, but the specific details of the change are not provided in this header information.
Who is the reporting person in this filing?
The reporting person is Saba Capital Management, L.P.
What is the subject company of this filing?
The subject company is Nuveen Core Plus Impact Fund.
When was this amendment filed?
This amendment was filed on April 4, 2024.
What is the CUSIP number for the Nuveen Core Plus Impact Fund's common shares?
The CUSIP number for the common shares of Nuveen Core Plus Impact Fund is 67080D103.
Filing Stats: 1,259 words · 5 min read · ~4 pages · Grade level 12.5 · Accepted 2024-04-04 08:35:21
Key Financial Figures
- $0.01 — Fund (Name of Issuer) Common Shares, $0.01 par value (Title of Class of Securiti
- $37,889,621 — ported herein. A total of approximately $37,889,621 was paid to acquire the Common Shares r
Filing Documents
- formsc13da.htm (SC 13D/A) — 53KB
- 0001062993-24-008040.txt ( ) — 55KB
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 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 3/7/2024 Buy 53,622 10.31 3/8/2024 Buy 146,466 10.33 3/11/2024 Buy 9,650 10.34 3/12/2024 Buy 3,056 10.34 3/13/2024 Buy 100 10.36 3/19/2024 Buy 13,886 10.28 4/2/2024 Buy 30,848 10.26 4/3/2024 Buy 28,324 10.29