Saba Capital Management, L.P. Buys Voya Prime Rate Trust, Nuveen Senior Income Fund, BrandywineGLOBAL - Global Income Opportunities Fun, Sells Blackrock Credit Allocation Income Trust, Nuveen Credit Strategies Income Fund, Invesco Dynamic Credit Opportuni

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Feb 19, 2020
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New York, NY, based Investment company Saba Capital Management, L.P. (Current Portfolio) buys Voya Prime Rate Trust, Nuveen Senior Income Fund, BrandywineGLOBAL - Global Income Opportunities Fun, EV Floating-Rate Income Plus Fund, Western Asset Corporate Loan Fund Inc, sells Blackrock Credit Allocation Income Trust, Nuveen Credit Strategies Income Fund, Invesco Dynamic Credit Opportunities Fund, Invesco Senior Income Trust, First Trust High Income Long/Short Fund during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Saba Capital Management, L.P.. As of 2019Q4, Saba Capital Management, L.P. owns 90 stocks with a total value of $2.1 billion. These are the details of the buys and sells.

For the details of Saba Capital Management, L.P.'s stock buys and sells, go to https://www.gurufocus.com/guru/saba+capital+management%2C+l.p./current-portfolio/portfolio

These are the top 5 holdings of Saba Capital Management, L.P.
  1. iShares iBoxx $ High Yield Corporate Bond (HYG) - 3,700,000 shares, 15.45% of the total portfolio.
  2. Voya Prime Rate Trust (PPR) - 25,914,408 shares, 6.16% of the total portfolio. Shares added by 59.17%
  3. Uber Technologies Inc (UBER) - 4,329,100 shares, 6.11% of the total portfolio.
  4. YPF SA (YPF) - 8,194,500 shares, 4.50% of the total portfolio.
  5. Eaton Vance Ltd Duration Income Fund (EVV) - 6,580,946 shares, 4.14% of the total portfolio. Shares reduced by 5.29%
New Purchase: Nuveen Senior Income Fund (NSL)

Saba Capital Management, L.P. initiated holding in Nuveen Senior Income Fund. The purchase prices were between $5.62 and $5.99, with an estimated average price of $5.73. The stock is now traded at around $5.98. The impact to a portfolio due to this purchase was 0.28%. The holding were 993,958 shares as of .

New Purchase: Nuveen Short Duration Credit Opps (JSD)

Saba Capital Management, L.P. initiated holding in Nuveen Short Duration Credit Opps. The purchase prices were between $14.51 and $15.19, with an estimated average price of $14.75. The stock is now traded at around $15.49. The impact to a portfolio due to this purchase was 0.14%. The holding were 190,195 shares as of .

New Purchase: THL Credit Senior Loan Fund (TSLF)

Saba Capital Management, L.P. initiated holding in THL Credit Senior Loan Fund. The purchase prices were between $14.29 and $15.25, with an estimated average price of $14.65. The stock is now traded at around $15.48. The impact to a portfolio due to this purchase was 0.1%. The holding were 139,708 shares as of .

New Purchase: GrubHub Inc (GRUB)

Saba Capital Management, L.P. initiated holding in GrubHub Inc. The purchase prices were between $33.11 and $59.02, with an estimated average price of $45.62. The stock is now traded at around $54.68. The impact to a portfolio due to this purchase was 0.09%. The holding were 37,850 shares as of .

New Purchase: Nuveen Floating Rate Income Opp Fd (JRO)

Saba Capital Management, L.P. initiated holding in Nuveen Floating Rate Income Opp Fd. The purchase prices were between $9.3 and $9.99, with an estimated average price of $9.55. The stock is now traded at around $9.99. The impact to a portfolio due to this purchase was 0.06%. The holding were 133,574 shares as of .

New Purchase: CoreCivic Inc (CXW)

Saba Capital Management, L.P. initiated holding in CoreCivic Inc. The purchase prices were between $14.86 and $17.66, with an estimated average price of $15.84. The stock is now traded at around $16.85. The impact to a portfolio due to this purchase was 0.03%. The holding were 31,905 shares as of .

Added: Voya Prime Rate Trust (PPR)

Saba Capital Management, L.P. added to a holding in Voya Prime Rate Trust by 59.17%. The purchase prices were between $4.66 and $5.02, with an estimated average price of $4.82. The stock is now traded at around $5.18. The impact to a portfolio due to this purchase was 2.29%. The holding were 25,914,408 shares as of .

Added: BrandywineGLOBAL - Global Income Opportunities Fun (BWG)

Saba Capital Management, L.P. added to a holding in BrandywineGLOBAL - Global Income Opportunities Fun by 156.47%. The purchase prices were between $12.18 and $12.68, with an estimated average price of $12.36. The stock is now traded at around $13.52. The impact to a portfolio due to this purchase was 0.28%. The holding were 767,846 shares as of .

Added: EV Floating-Rate Income Plus Fund (EFF)

Saba Capital Management, L.P. added to a holding in EV Floating-Rate Income Plus Fund by 25.46%. The purchase prices were between $15.15 and $16, with an estimated average price of $15.59. The stock is now traded at around $16.12. The impact to a portfolio due to this purchase was 0.26%. The holding were 1,677,194 shares as of .

Added: Western Asset Corporate Loan Fund Inc (TLI)

Saba Capital Management, L.P. added to a holding in Western Asset Corporate Loan Fund Inc by 135.86%. The purchase prices were between $9.36 and $10.18, with an estimated average price of $9.58. The stock is now traded at around $10.23. The impact to a portfolio due to this purchase was 0.16%. The holding were 590,125 shares as of .

Added: BlackRock MuniHoldings California Quality Fund Inc (MUC)

Saba Capital Management, L.P. added to a holding in BlackRock MuniHoldings California Quality Fund Inc by 28.79%. The purchase prices were between $13.84 and $14.18, with an estimated average price of $13.99. The stock is now traded at around $14.46. The impact to a portfolio due to this purchase was 0.12%. The holding were 804,508 shares as of .

Added: Blackrock New York Municipal Bond Trust (BQH)

Saba Capital Management, L.P. added to a holding in Blackrock New York Municipal Bond Trust by 30.42%. The purchase prices were between $14.58 and $15.39, with an estimated average price of $14.84. The stock is now traded at around $15.75. The impact to a portfolio due to this purchase was 0.06%. The holding were 339,707 shares as of .

Sold Out: DTFTax-Free Income Inc (DTF)

Saba Capital Management, L.P. sold out a holding in DTFTax-Free Income Inc. The sale prices were between $14.02 and $14.95, with an estimated average price of $14.44.

Sold Out: NUVEEN CONNECTICUT QUALITY MUNICIPAL INCOME FUND (NTC)

Saba Capital Management, L.P. sold out a holding in NUVEEN CONNECTICUT QUALITY MUNICIPAL INCOME FUND. The sale prices were between $12.04 and $13.67, with an estimated average price of $13.19.

Sold Out: Nuveen North Carolina Quality Municipal Income Fun (NNC)

Saba Capital Management, L.P. sold out a holding in Nuveen North Carolina Quality Municipal Income Fun. The sale prices were between $13.53 and $13.76, with an estimated average price of $13.66.

Sold Out: First Trust/aberdeen Global Oppo Income (FAM)

Saba Capital Management, L.P. sold out a holding in First Trust/aberdeen Global Oppo Income. The sale prices were between $10.62 and $11.31, with an estimated average price of $10.99.

Sold Out: Peabody Energy Corp (BTU)

Saba Capital Management, L.P. sold out a holding in Peabody Energy Corp. The sale prices were between $8.96 and $16.28, with an estimated average price of $11.39.

Sold Out: Realogy Holdings Corp (RLGY)

Saba Capital Management, L.P. sold out a holding in Realogy Holdings Corp. The sale prices were between $6.51 and $10.95, with an estimated average price of $9.24.

Reduced: Blackrock Credit Allocation Income Trust (BTZ)

Saba Capital Management, L.P. reduced to a holding in Blackrock Credit Allocation Income Trust by 88.48%. The sale prices were between $13.46 and $13.99, with an estimated average price of $13.63. The stock is now traded at around $14.69. The impact to a portfolio due to this sale was -2.56%. Saba Capital Management, L.P. still held 526,385 shares as of .

Reduced: Nuveen Credit Strategies Income Fund (JQC)

Saba Capital Management, L.P. reduced to a holding in Nuveen Credit Strategies Income Fund by 61.05%. The sale prices were between $7.25 and $7.67, with an estimated average price of $7.43. The stock is now traded at around $7.61. The impact to a portfolio due to this sale was -1.72%. Saba Capital Management, L.P. still held 3,159,190 shares as of .

Reduced: Invesco Dynamic Credit Opportunities Fund (VTA)

Saba Capital Management, L.P. reduced to a holding in Invesco Dynamic Credit Opportunities Fund by 44.2%. The sale prices were between $10.81 and $11.35, with an estimated average price of $11.06. The stock is now traded at around $11.50. The impact to a portfolio due to this sale was -1.67%. Saba Capital Management, L.P. still held 4,118,831 shares as of .

Reduced: Invesco Senior Income Trust (VVR)

Saba Capital Management, L.P. reduced to a holding in Invesco Senior Income Trust by 34.94%. The sale prices were between $4.11 and $4.29, with an estimated average price of $4.17. The stock is now traded at around $4.32. The impact to a portfolio due to this sale was -1.49%. Saba Capital Management, L.P. still held 14,199,032 shares as of .

Reduced: First Trust High Income Long/Short Fund (FSD)

Saba Capital Management, L.P. reduced to a holding in First Trust High Income Long/Short Fund by 42.2%. The sale prices were between $14.91 and $15.75, with an estimated average price of $15.37. The stock is now traded at around $15.96. The impact to a portfolio due to this sale was -0.89%. Saba Capital Management, L.P. still held 1,725,740 shares as of .

Reduced: Invesco High Income Trust II (VLT)

Saba Capital Management, L.P. reduced to a holding in Invesco High Income Trust II by 77.1%. The sale prices were between $13.84 and $14.53, with an estimated average price of $14.24. The stock is now traded at around $14.51. The impact to a portfolio due to this sale was -0.6%. Saba Capital Management, L.P. still held 269,144 shares as of .



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