Saba Capital Management Amends Filing for Invesco Municipal Opportunity Trust
Ticker: VMO · Form: SC 13D/A · Filed: Dec 4, 2024 · CIK: 884152
| Field | Detail |
|---|---|
| Company | Invesco Municipal Opportunity Trust (VMO) |
| Form Type | SC 13D/A |
| Filed Date | Dec 4, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 5 min |
| Key Dollar Amounts | $32,632,488 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-filing, sec-filing, amendment
TL;DR
Saba Capital updated its 13D on Invesco Muni Opp Trust. Ownership details changed.
AI Summary
Saba Capital Management, L.P. has filed an amendment (No. 6) to its Schedule 13D/A regarding Invesco Municipal Opportunity Trust. The filing, dated December 4, 2024, indicates changes in beneficial ownership. Saba Capital Management, L.P. is the filer, with Boaz R. Weinstein listed as a group member.
Why It Matters
This filing updates ownership information for a significant investment fund, potentially signaling changes in strategy or influence by Saba Capital Management.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate activist investor intentions or significant stake changes, which can introduce volatility.
Key Players & Entities
- Saba Capital Management, L.P. (company) — Filer of the Schedule 13D/A
- Invesco Municipal Opportunity Trust (company) — Subject company
- Boaz R. Weinstein (person) — Group member associated with the filer
FAQ
What is the filing date of this Schedule 13D/A amendment?
The filing date is December 4, 2024.
Who is the subject company of this filing?
The subject company is Invesco Municipal Opportunity Trust.
Who is the entity filing this Schedule 13D/A amendment?
Saba Capital Management, L.P. is the entity filing the Schedule 13D/A amendment.
What is the Central Index Key for Invesco Municipal Opportunity Trust?
The Central Index Key for Invesco Municipal Opportunity Trust is 0000884152.
What is the Central Index Key for Saba Capital Management, L.P.?
The Central Index Key for Saba Capital Management, L.P. is 0001510281.
Filing Stats: 1,354 words · 5 min read · ~5 pages · Grade level 11.1 · Accepted 2024-12-04 15:34:08
Key Financial Figures
- $32,632,488 — ported herein. A total of approximately $32,632,488 was paid to acquire the Common Shares r
Filing Documents
- formsc13da.htm (SC 13D/A) — 67KB
- 0001062993-24-020043.txt ( ) — 69KB
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: December 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. 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 11/18/24. All transactions were effectuated in the open market through a broker. Trade Date Buy/Sell Shares Price 11/18/2024 Sell 66,902 9.87 11/19/2024 Sell 42,719 9.88 11/20/2024 Sell 41,516 9.87 11/21/2024 Sell 2,500 9.86 11/22/2024 Sell 13,442 9.87 11/25/2024 Sell 3,577 9.94 11/26/2024 Sell 40,322 9.90 11/27/2024 Sell 113,903 10.03 12/2/2024 Sell 78,325 10.13 12/3/2024 Sell 564,226 10.07