Saba Capital Amends Filing for Invesco Municipal Opportunity Trust
Ticker: VMO · Form: SC 13D/A · Filed: Dec 9, 2024 · CIK: 884152
| Field | Detail |
|---|---|
| Company | Invesco Municipal Opportunity Trust (VMO) |
| Form Type | SC 13D/A |
| Filed Date | Dec 9, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 5 min |
| Key Dollar Amounts | $23,699,288 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, shareholder-activity, closed-end-fund
TL;DR
Saba Capital updated its stake in Invesco Municipal Opportunity Trust. Filing #7.
AI Summary
Saba Capital Management, L.P. has amended its Schedule 13D filing concerning Invesco Municipal Opportunity Trust, as of December 9, 2024. The filing indicates changes in beneficial ownership, though specific new holdings or changes in percentage are not detailed in this excerpt. The amendment number is 7, suggesting previous filings have occurred.
Why It Matters
This filing update from a significant shareholder like Saba Capital could signal a change in strategy or influence regarding the Invesco Municipal Opportunity Trust.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate shifts in significant shareholder positions, which can impact a company's stock price and strategic direction.
Key Numbers
- 7 — Amendment Number (Indicates this is the seventh update to the filing.)
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
- SABA CAPITAL MANAGEMENT GP, LLC (company) — Group member of Saba Capital
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
This excerpt does not specify the exact changes in beneficial ownership or the percentage of shares held by Saba Capital Management, L.P. after this amendment.
When was the previous filing made by Saba Capital Management, L.P. regarding Invesco Municipal Opportunity Trust?
The provided text does not state the date of the previous filing, only that this is Amendment No. 7.
What is the primary business of Invesco Municipal Opportunity Trust?
The filing does not explicitly state the primary business, but the name suggests it is a municipal bond investment trust.
What is the IRS number for Saba Capital Management, L.P.?
The IRS number for Saba Capital Management, L.P. is 800361690.
What is the state of incorporation for Invesco Municipal Opportunity Trust?
Invesco Municipal Opportunity Trust was incorporated in Massachusetts (MA).
Filing Stats: 1,356 words · 5 min read · ~5 pages · Grade level 12.3 · Accepted 2024-12-09 16:26:15
Key Financial Figures
- $23,699,288 — ported herein. A total of approximately $23,699,288 was paid to acquire the Common Shares r
Filing Documents
- formsc13da.htm (SC 13D/A) — 57KB
- 0001062993-24-020258.txt ( ) — 59KB
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 9, 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 from the filing of the Schedule 13D/A on 12/4/24 to 12/5/24, the date of the event which required filing of this Schedule 13D/A. All transactions were effectuated in the open market through a broker. Trade Date Buy/Sell Shares Price 12/4/2024 Sell 37,454 10.08 12/5/2024 Sell 927,474 10.01