Saba Capital Management Amends Filing for Nuveen PA Muni Fund
Ticker: NQP · Form: SC 13D/A · Filed: Aug 27, 2024 · CIK: 870780
| Field | Detail |
|---|---|
| Company | Nuveen Pennsylvania Quality Municipal Income Fund (NQP) |
| Form Type | SC 13D/A |
| Filed Date | Aug 27, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.01, $57,327,204 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, schedule-13d, amendment
Related Tickers: Nuveen Pennsylvania Quality Municipal Income Fund
TL;DR
Saba Capital updated its filing for Nuveen PA Muni Fund. Still a big player.
AI Summary
Saba Capital Management, L.P. has filed an amendment (Amendment No. 8) to its Schedule 13D for Nuveen Pennsylvania Quality Municipal Income Fund, as of August 27, 2024. The filing indicates changes in beneficial ownership, though specific new holdings or changes in percentage are not detailed in this excerpt. Saba Capital Management, L.P. is a significant holder in the fund.
Why It Matters
This amendment signals ongoing activity or changes in stake by a major shareholder, potentially influencing the fund's strategy or market perception.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D often indicate shifts in significant shareholder positions, which can lead to increased volatility or strategic changes for the company.
Key Players & Entities
- Saba Capital Management, L.P. (company) — Filing entity
- Nuveen Pennsylvania Quality Municipal Income Fund (company) — Subject company
- BOAZ R. WEINSTEIN (person) — Group member
- SABA CAPITAL MANAGEMENT GP, LLC (company) — Group member
FAQ
What is the specific nature of the changes in beneficial ownership reported in this SC 13D/A filing?
The provided excerpt does not detail the specific changes in beneficial ownership, only that an amendment (Amendment No. 8) has been filed as of August 27, 2024.
Who is filing this amendment?
Saba Capital Management, L.P. is filing this amendment.
What is the subject company of this filing?
The subject company is Nuveen Pennsylvania Quality Municipal Income Fund.
What is the CUSIP number for the Nuveen Pennsylvania Quality Municipal Income Fund's common shares?
The CUSIP number is 670972108.
When was the last name change for Nuveen Pennsylvania Quality Municipal Income Fund?
The last name change for Nuveen Pennsylvania Quality Municipal Income Fund was on October 22, 2012.
Filing Stats: 1,523 words · 6 min read · ~5 pages · Grade level 12.9 · Accepted 2024-08-27 09:09:14
Key Financial Figures
- $0.01 — FUND (Name of Issuer) Common Shares, $0.01 par value (Title of Class of Securiti
- $57,327,204 — ported herein. A total of approximately $57,327,204 was paid to acquire the Common Shares r
Filing Documents
- formsc13da.htm (SC 13D/A) — 58KB
- exhibit2.htm (EX-2) — 14KB
- 0001062993-24-015680.txt ( ) — 74KB
is hereby amended and supplemented by the addition of the following
Item 6 is hereby amended and supplemented by the addition of the following: The Reporting Persons' response to Item 4 is incorporated by reference into this Item 6. Item 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit 2: Form of Nominee Agreement CUSIP No. 67074Y105 SCHEDULE 13D/A Page 7 of 7 Pages
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 27, 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