Saba Capital Management Files 13D on Invesco Trust

TL;DR

**SABA CAPITAL NOW HAS A MAJOR STAKE IN INVESCO TRUST FOR INVESTMENT GRADE MUNICIPALS. 13D FILED.**

AI Summary

Saba Capital Management, L.P. has filed a Schedule 13D on April 26, 2024, regarding their holdings in Invesco Trust for Investment Grade Municipals. The filing indicates a change in beneficial ownership, with Saba Capital Management GP, LLC also listed as a group member. The subject company, Invesco Trust for Investment Grade Municipals, is incorporated in Massachusetts and has a fiscal year end of October 31.

Why It Matters

This filing signals a significant stakeholder's increased attention or potential strategy shift regarding Invesco Trust for Investment Grade Municipals, which could influence the trust's future operations or shareholder value.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede activist campaigns or significant strategic moves by investors, introducing potential volatility.

Key Players & Entities

• Saba Capital Management, L.P. (company) — Filing entity
• Invesco Trust for Investment Grade Municipals (company) — Subject company
• Saba Capital Management GP, LLC (company) — Group member
• 20240426 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — pals (Name of Issuer) Common Shares, $0.01 par value (Title of Class of Securiti
• $26,363,056 — ported herein. A total of approximately $26,363,056 was paid to acquire the Common Shares r

Filing Documents

• formsc13d.htm (SC 13D) — 77KB
• exhibit1.htm (EX-1) — 4KB
• 0001062993-24-008824.txt ( ) — 82KB

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 26, 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. 46131M106 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 4/11/2024 Buy 24,014 9.53 4/12/2024 Buy 52,343 9.59 4/15/2024 Buy 117,231 9.50 4/17/2024 Buy 25,788 9.53 4/19/2024 Buy 19,227 9.53 4/22/2024 Buy 34,324 9.51 4/23/2024 Buy 13,409 9.56

View Full Filing

View this SC 13D filing on SEC EDGAR