Saba Capital Amends 13D Filing for Invesco NY Muni Trust

TL;DR

Saba Capital updated its filing for Invesco NY Muni Trust. Still watching.

AI Summary

Saba Capital Management, L.P. filed an amendment to its Schedule 13D on December 12, 2024, regarding its holdings in Invesco Trust for Investment Grade New York Municipals. The filing indicates a change in beneficial ownership, though specific new holdings or dollar amounts are not detailed in this excerpt. This amendment follows previous filings by Saba Capital concerning the same trust.

Why It Matters

This filing signals ongoing activity and potential strategic shifts by Saba Capital Management concerning its investment in the Invesco Trust for Investment Grade New York Municipals, which could impact the trust's governance or investment strategy.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in activist investor strategies or significant shifts in holdings, which can introduce uncertainty.

Key Players & Entities

• Saba Capital Management, L.P. (company) — Filer of the Schedule 13D/A
• Invesco Trust for Investment Grade New York Municipals (company) — Subject company of the filing
• Boaz R. Weinstein (person) — Group member associated with Saba Capital Management

FAQ

Key Financial Figures

• $2,680,892 — ported herein. A total of approximately $2,680,892 was paid to acquire the Common Shares r

Filing Documents

• formsc13da.htm (SC 13D/A) — 56KB
• 0001062993-24-020533.txt ( ) — 58KB

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 12, 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. 46131T101 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 11/25/24 to 12/10/24, 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 11/22/2024 Sell 22,206 11.34 11/25/2024 Sell 8,487 11.41 11/26/2024 Sell 30,872 11.44 11/27/2024 Sell 20,680 11.46 12/2/2024 Sell 15,869 11.52 12/3/2024 Sell 25,900 11.55 12/4/2024 Sell 45,997 11.54 12/5/2024 Sell 8,929 11.54 12/10/2024 Sell 802,398 11.87

View Full Filing

View this SC 13D/A filing on SEC EDGAR