Saba Capital Amends Filing for Invesco Municipal Opportunity Trust
Ticker: VMO · Form: SC 13D/A · Filed: Nov 18, 2024 · CIK: 884152
| Field | Detail |
|---|---|
| Company | Invesco Municipal Opportunity Trust (VMO) |
| Form Type | SC 13D/A |
| Filed Date | Nov 18, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 5 min |
| Key Dollar Amounts | $41,588,869 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, shareholder-activity, municipal-bonds
TL;DR
Saba Capital updated its filing for Invesco Municipal Opportunity Trust. Watch for potential changes.
AI Summary
Saba Capital Management, L.P. has filed an amendment (SC 13D/A) on November 18, 2024, regarding their holdings in Invesco Municipal Opportunity Trust. The filing indicates a change in their beneficial ownership, though specific dollar amounts or percentage changes are not detailed in this excerpt. This amendment is part of ongoing disclosures related to their investment in the trust.
Why It Matters
This filing signals potential shifts in significant shareholder positions within Invesco Municipal Opportunity Trust, which could influence the trust's strategic direction or market perception.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate a change in a significant shareholder's stake or intentions, which can introduce uncertainty and potential volatility.
Key Players & Entities
- Saba Capital Management, L.P. (company) — Filing entity
- Invesco Municipal Opportunity Trust (company) — Subject company
- Boaz R. Weinstein (person) — Group member of Saba Capital Management
FAQ
What is the specific nature of the change in beneficial ownership reported by Saba Capital Management, L.P.?
The provided excerpt does not specify the exact nature or extent of the change in beneficial ownership, only that an amendment (SC 13D/A) has been filed on November 18, 2024.
What is the Central Index Key (CIK) for Invesco Municipal Opportunity Trust?
The CIK for Invesco Municipal Opportunity Trust is 0000884152.
What is the SEC file number for Invesco Municipal Opportunity Trust?
The SEC file number for Invesco Municipal Opportunity Trust is 005-84426.
When was Invesco Municipal Opportunity Trust formerly known as Van Kampen Municipal Opportunity Trust?
The company's name changed from Van Kampen Municipal Opportunity Trust to Invesco Municipal Opportunity Trust on June 1, 2010.
What is the business address of Saba Capital Management, L.P.?
The business address of Saba Capital Management, L.P. is 405 Lexington Avenue, 58th Floor, New York, NY 10174.
Filing Stats: 1,356 words · 5 min read · ~5 pages · Grade level 11 · Accepted 2024-11-18 16:35:26
Key Financial Figures
- $41,588,869 — ported herein. A total of approximately $41,588,869 was paid to acquire the Common Shares r
Filing Documents
- formsc13da.htm (SC 13D/A) — 65KB
- 0001062993-24-019275.txt ( ) — 67KB
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: November 18, 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. 46132C107 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 10/28/24. All transactions were effectuated in the open market through a broker. Trade Date Buy/Sell Shares Price 10/28/2024 Sell 55,247 9.85 10/29/2024 Sell 5,632 9.81 10/31/2024 Sell 53,498 9.89 11/1/2024 Sell 53,805 9.95 11/4/2024 Sell 47,408 9.94 11/7/2024 Sell 70,481 9.89 11/8/2024 Sell 118,515 9.97 11/11/2024 Sell 77,712 10.00 11/12/2024 Sell 66,356 9.87 11/13/2024 Sell 39,486 9.93 11/14/2024 Sell 126,433 9.95 11/15/2024 Sell 49,226 9.88