Saba Capital reports MEGI share sales across two days (Form 4)
Rhea-AI Filing Summary
Saba Capital Management, L.P. reported open-market sales of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) shares. It sold 18,816 shares at $14.28 on October 30, 2025 and 50,038 shares at $14.18 on October 31, 2025.
Following these transactions, Saba beneficially owned 6,157,697 shares, held indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 68,854 shares
Net Sell
2 txns
Insider
Saba Capital Management, L.P.
Role
10% Owner
Sold
68,854 shs ($978K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50,038 | $14.18 | $710K |
| Sale | Common Stock | 18,816 | $14.28 | $269K |
Holdings After Transaction:
Common Stock — 6,157,697 shares (Indirect, -)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Saba Capital disclose in MEGI Form 4?
Open-market sales of 18,816 shares at $14.28 on October 30, 2025 and 50,038 shares at $14.18 on October 31, 2025.
Who is the issuer in this Form 4?
NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI).
What were the transaction codes reported?
Both transactions are coded S, indicating open-market or private sale of non-derivative securities.
Was the filing made by one reporting person or a group?
The form indicates it was filed by one reporting person.