Saba Capital (IIF 10% Owner) Reports Sale of Morgan Stanley India Fund Stock
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.
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FAQ
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.
On what date did Saba Capital sell Morgan Stanley India Investment Fund (IIF) shares?
The reported sale of IIF common stock by Saba Capital Management, L.P. occurred on January 7, 2026.
What price did Saba Capital receive per share in the IIF stock sale?
The shares of Morgan Stanley India Investment Fund, Inc. (IIF) common stock were sold at $25.05 per share.
How many IIF shares does Saba Capital report owning after the transaction?
Following the sale, Saba Capital Management, L.P. reported beneficial ownership of 985,565 shares of IIF common stock on an indirect basis.
Is Saba Capital a major shareholder of Morgan Stanley India Investment Fund (IIF)?
Yes. The Form 4 identifies Saba Capital Management, L.P. as a 10% owner of Morgan Stanley India Investment Fund, Inc. (IIF).
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.