Saba Capital Cuts IIF Stake Below 10% Holder
Saba Capital Management, L.P., a major shareholder of Morgan Stanley India Investment Fund, Inc. (IIF), reported an open‑market sale of common stock.
Rhea-AI Filing Summary
Saba Capital Management, L.P., a major shareholder of Morgan Stanley India Investment Fund, Inc. (IIF), reported an open‑market sale of common stock. On January 15, 2026, it sold 7,490 shares of IIF common stock at a price of $24.36 per share.
After this transaction, Saba Capital beneficially owned 938,726 shares of IIF on an indirect basis. The filing notes that, as a result of this disposition, Saba Capital now owns less than 10% of IIF’s outstanding common shares, meaning it is no longer classified as a 10% owner insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,490 | $24.36 | $182K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Saba Capital report for IIF?
Saba Capital Management, L.P. reported selling 7,490 shares of Morgan Stanley India Investment Fund, Inc. (IIF) common stock in a Form 4 filing.
Is Saba Capital still a 10% owner of IIF after the sale?
No. The filing states that as a result of the January 15, 2026 sale, Saba Capital now owns less than 10% of IIF’s outstanding common shares.
What type of security did Saba Capital trade in this Form 4 for IIF?
The transaction involved common stock of Morgan Stanley India Investment Fund, Inc. There were no derivative securities reported in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.