Saba Capital Management, L.P., a significant shareholder in the Nuveen Core Plus Impact Fund (NYSE:NPCT), recently executed a sale of shares valued at approximately $527,955. The transaction, disclosed in a recent filing, involved the sale of 46,598 shares at a price of $11.33 per share. The fund, which currently trades at $11.37 and offers an attractive dividend yield of 12.57%, has demonstrated strong performance with a 25.37% return year-to-date. Following this sale, Saba Capital Management retains ownership of 3,010,115 shares in the fund, representing a significant position in the $326.66 million market cap company. The transaction was signed off by Zachary Gindes on behalf of Saba Capital Management and also by Boaz Weinstein. InvestingPro analysis reveals several additional key insights about NPCT's financial health and market position, with more exclusive tips available to subscribers.
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