Saba discloses 6.09% CXE stake, 1,918,375 shares reported
Saba Capital Management, together with Saba Capital Management GP, LLC and Boaz R. Weinstein, filed Amendment No. 5 to Schedule 13D on MFS High Income Municipal Trust (CXE).
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Rhea-AI Filing Summary
Saba Capital Management, together with Saba Capital Management GP, LLC and Boaz R. Weinstein, filed Amendment No. 5 to Schedule 13D on MFS High Income Municipal Trust (CXE). The group reports beneficial ownership of 1,918,375 Common Shares, representing 6.09% of the class, with shared voting and dispositive power over all reported shares and no sole power.
The percentage is based on 31,525,773 shares outstanding as of 7/31/25, as disclosed in the issuer’s DEF 14A. The filing notes that approximately $6,713,315 was paid to acquire the reported shares, using investor subscription proceeds, capital appreciation, and ordinary-course margin borrowings. The purpose of transaction is listed as not applicable, and recent open-market trades within sixty days prior to 11/07/2025 are referenced in Schedule A.
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