Saba holds 8% of Morgan Stanley India Investment Fund (NYSE: IIF)
Rhea-AI Filing Summary
Saba Capital Management and related reporting persons filed Amendment No. 7 to disclose beneficial ownership of 755,897 common shares of Morgan Stanley India Investment Fund, Inc., equal to 8 % of the outstanding shares. This percentage is based on 9,443,167 shares outstanding as of 12/31/25, as reported in the fund’s N-CSR.
The reporting group, including Saba Capital Management, L.P., Saba Capital Management GP, LLC and Boaz R. Weinstein, reports shared voting and dispositive power over all 755,897 shares and no sole power. They state that approximately $19,990,518 was paid to acquire these shares, funded by investor subscriptions, capital appreciation and ordinary-course margin borrowings.
The purchases were made in the open market, with individual transactions between the prior amendment filed on 2/26/26 and the new event date of 03/23/2026 detailed in Schedule A. Dividends and sale proceeds from the shares are payable to funds and accounts advised by Saba Capital.
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Insights
Saba and affiliates now report an 8 % shared stake in Morgan Stanley India Investment Fund.
The filing shows Saba Capital, its general partner and Boaz R. Weinstein collectively holding 755,897 common shares of Morgan Stanley India Investment Fund with shared voting and dispositive power. The position cost about $19,990,518, reflecting a sizable commitment to the closed-end fund.
The stake represents 8 % of outstanding shares, using 9,443,167 shares reported as of 12/31/25. All trades from late February to 03/23/2026 were open-market purchases, with details in Schedule A. Dividends and sale proceeds accrue to Saba-advised funds, so any influence depends on how this ownership is used in future shareholder matters.
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