Saba Capital Sells 3,359 Shares of Morgan Stanley India Fund
Saba Capital Management, L.P., a 10% owner of Morgan Stanley India Investment Fund, Inc. (IIF), reported an open-market sale of the fund's common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Saba Capital Management, L.P., a 10% owner of Morgan Stanley India Investment Fund, Inc. (IIF), reported an open-market sale of the fund's common stock. On January 7, 2026, the firm sold 3,359 shares of common stock at a price of $25.05 per share, as shown in the Form 4 filing.
After this transaction, Saba Capital Management, L.P. reported beneficial ownership of 985,565 shares of IIF common stock held on an indirect basis. The filing lists the transaction under code "S," indicating a sale, and classifies the position as indirectly owned, with no further nature of ownership detail provided in the excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,359 | $25.05 | $84K |
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 3,359 shares of Morgan Stanley India Investment Fund, Inc. (IIF) common stock in an open-market sale.
How is Saba Capital's ownership in IIF classified in the filing?
The Form 4 classifies Saba Capital Management, L.P.'s post-transaction holdings of 985,565 IIF shares as indirectly owned.
AI-generated analysis. How Rhea-AI works. Not financial advice.