Saba Capital Amends Filing for Invesco PA Muni Trust

TL;DR

Saba Capital updated its filing for Invesco PA Muni Trust - watch this space.

AI Summary

Saba Capital Management, L.P. has filed an amendment to its Schedule 13D, indicating a change in its beneficial ownership of Invesco Pennsylvania Value Municipal Income Trust. The filing, dated November 21, 2024, details Saba Capital's stake and potential influence over the trust. No specific dollar amounts or new share counts were detailed in this amendment.

Why It Matters

This filing signals potential activist investor interest or a shift in holdings by Saba Capital Management in the Invesco Pennsylvania Value Municipal Income Trust, which could impact the trust's governance or strategy.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in significant shareholder positions or intentions, which can introduce uncertainty and potential volatility.

Key Players & Entities

• Saba Capital Management, L.P. (company) — Filer of the Schedule 13D/A
• Invesco Pennsylvania Value Municipal Income Trust (company) — Subject company of the filing
• Boaz R. Weinstein (person) — Group member associated with Saba Capital Management
• Saba Capital Management GP, LLC (company) — Group member associated with Saba Capital Management

FAQ

Key Financial Figures

• $19,868,202 — ported herein. A total of approximately $19,868,202 was paid to acquire the Common Shares r

Filing Documents

• formsc13da.htm (SC 13D/A) — 61KB
• 0001062993-24-019540.txt ( ) — 63KB

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 21, 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. 46132K109 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 11/13/24. All transactions were effectuated in the open market through a broker. Trade Date Buy/Sell Shares Price 11/14/2024 Sell 11,088 11.10 11/15/2024 Sell 82,308 11.01 11/18/2024 Sell 47,981 11.01 11/19/2024 Sell 19,419 11.02 11/20/2024 Sell 172,660 11.00

View Full Filing

View this SC 13D/A filing on SEC EDGAR