Saba Capital Management, LP, a significant shareholder in Nuveen Multi-Asset Income Fund (NYSE:NMAI), reported the sale of 43,236 shares, with a total value of approximately $520,499. The transactions took place on January 7 and 8, and the sale prices ranged from $12.01 to $12.11 per share. The stock, currently trading at $11.89, offers an attractive dividend yield of 13.91%, according to InvestingPro data. After these transactions, Saba Capital’s indirect ownership is 3,422,841 shares. The sales were signed by Zachary Gindes on behalf of Saba Capital and Boaz Weinstein, both dated January 10, 2025. The $401.44M market cap fund is currently trading near a 52-week low of $11.63. InvestingPro subscribers can access 3 additional key insights into NMAI’s financial health and market performance.
This article was generated with the help of AI and reviewed by an editor. See our T&C for more information.
