Saba Capital Management, L.P. Buys Voya Prime Rate Trust, Eaton Vance Floating-rate Income Trust, BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,, Sells Nuveen Credit Strategies Income Fund, VanEck Vectors Oil Services ETF, NUVEEN CONNECTICUT QUALITY MUNICI

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Dec 26, 2019
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New York, NY, based Investment company Saba Capital Management, L.P. (Current Portfolio) buys Voya Prime Rate Trust, Eaton Vance Floating-rate Income Trust, BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,, EV Floating-Rate Income Plus Fund, BlackRock MuniHoldings California Quality Fund Inc, sells Nuveen Credit Strategies Income Fund, VanEck Vectors Oil Services ETF, NUVEEN CONNECTICUT QUALITY MUNICIPAL INCOME FUND, PGIM High Yield Fund Inc, Ivy High Income Opportunities Fund during the 3-months ended 2019Q3, according to the most recent filings of the investment company, Saba Capital Management, L.P.. As of 2019Q3, Saba Capital Management, L.P. owns 94 stocks with a total value of $2.2 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 ETF (HYG) - 4,490,300 shares, 18.17% of the total portfolio.
  2. Invesco Senior Income Trust (VVR) - 21,826,069 shares, 4.26% of the total portfolio.
  3. Eaton Vance Ltd Duration Income Fund (EVV) - 6,948,234 shares, 4.03% of the total portfolio. Shares added by 15.89%
  4. Invesco Dynamic Credit Opportunities Fund (VTA) - 7,381,007 shares, 3.77% of the total portfolio.
  5. YPF SA (YPF) - 9,090,604 shares, 3.69% of the total portfolio.
New Purchase: Peabody Energy Corp (BTU)

Saba Capital Management, L.P. initiated holding in Peabody Energy Corp. The purchase prices were between $14.5 and $24.18, with an estimated average price of $19.53. The stock is now traded at around $9.27. The impact to a portfolio due to this purchase was 0.12%. The holding were 175,000 shares as of .

New Purchase: BLACKROCK MUNIYIELD QUALITY FUND III, INC. (MYI)

Saba Capital Management, L.P. initiated holding in BLACKROCK MUNIYIELD QUALITY FUND III, INC.. The purchase prices were between $13.09 and $13.74, with an estimated average price of $13.43. The stock is now traded at around $13.50. The impact to a portfolio due to this purchase was 0.12%. The holding were 189,601 shares as of .

New Purchase: Uber Technologies Inc (UBER)

Saba Capital Management, L.P. initiated holding in Uber Technologies Inc. The purchase prices were between $30.29 and $44.53, with an estimated average price of $37.65. The stock is now traded at around $30.67. The impact to a portfolio due to this purchase was 0.06%. The holding were 41,800 shares as of .

New Purchase: Teva Pharmaceutical Industries Ltd (TEVA)

Saba Capital Management, L.P. initiated holding in Teva Pharmaceutical Industries Ltd. The purchase prices were between $6.16 and $9.6, with an estimated average price of $7.68. The stock is now traded at around $10.09. The impact to a portfolio due to this purchase was 0.01%. The holding were 40,187 shares as of .

New Purchase: Eagle Growth and Income Opportunities Fund (EGIF)

Saba Capital Management, L.P. initiated holding in Eagle Growth and Income Opportunities Fund. The purchase prices were between $14.83 and $16.3, with an estimated average price of $15.53. The stock is now traded at around $17.04. The impact to a portfolio due to this purchase was 0.01%. The holding were 12,792 shares as of .

Added: Voya Prime Rate Trust (PPR)

Saba Capital Management, L.P. added to a holding in Voya Prime Rate Trust by 20.54%. The purchase prices were between $4.63 and $4.83, with an estimated average price of $4.72. The stock is now traded at around $4.99. The impact to a portfolio due to this purchase was 0.61%. The holding were 16,280,588 shares as of .

Added: Eaton Vance Floating-rate Income Trust (EFT)

Saba Capital Management, L.P. added to a holding in Eaton Vance Floating-rate Income Trust by 81.61%. The purchase prices were between $13.02 and $13.58, with an estimated average price of $13.31. The stock is now traded at around $13.84. The impact to a portfolio due to this purchase was 0.59%. The holding were 2,139,122 shares as of .

Added: BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC. (MHN)

Saba Capital Management, L.P. added to a holding in BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC. by 240.15%. The purchase prices were between $13.2 and $13.8, with an estimated average price of $13.53. The stock is now traded at around $13.73. The impact to a portfolio due to this purchase was 0.45%. The holding were 1,006,590 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 85.14%. The purchase prices were between $14.98 and $15.49, with an estimated average price of $15.17. The stock is now traded at around $15.88. The impact to a portfolio due to this purchase was 0.43%. The holding were 1,336,866 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 1838.18%. The purchase prices were between $13.64 and $14.38, with an estimated average price of $14.01. The stock is now traded at around $13.94. The impact to a portfolio due to this purchase was 0.39%. The holding were 624,655 shares as of .

Added: Nuveen Ohio Quality Municipal Income Fund (NUO)

Saba Capital Management, L.P. added to a holding in Nuveen Ohio Quality Municipal Income Fund by 43.48%. The purchase prices were between $14.84 and $15.94, with an estimated average price of $15.43. The stock is now traded at around $15.35. The impact to a portfolio due to this purchase was 0.38%. The holding were 1,723,307 shares as of .

Sold Out: VanEck Vectors Oil Services ETF (OIH)

Saba Capital Management, L.P. sold out a holding in VanEck Vectors Oil Services ETF. The sale prices were between $10.89 and $15.09, with an estimated average price of $12.94.

Sold Out: MFS California Municipal Fund (CCA)

Saba Capital Management, L.P. sold out a holding in MFS California Municipal Fund. The sale prices were between $11.55 and $12.88, with an estimated average price of $12.5.

Sold Out: Eaton Vance CA Muni Income Trust (CEV)

Saba Capital Management, L.P. sold out a holding in Eaton Vance CA Muni Income Trust. The sale prices were between $12.36 and $13.76, with an estimated average price of $13.11.

Sold Out: iShares iBoxx $ High Yield Corporate Bond ETF (HYG)

Saba Capital Management, L.P. sold out a holding in iShares iBoxx $ High Yield Corporate Bond ETF. The sale prices were between $84.43 and $86.81, with an estimated average price of $85.76.

Sold Out: HSBC Holdings PLC (HSBC)

Saba Capital Management, L.P. sold out a holding in HSBC Holdings PLC. The sale prices were between $35.53 and $42.1, with an estimated average price of $38.76.

Sold Out: New Gold Inc (NGD)

Saba Capital Management, L.P. sold out a holding in New Gold Inc. The sale prices were between $0.86 and $1.5, with an estimated average price of $1.21.

Reduced: Nuveen Credit Strategies Income Fund (JQC)

Saba Capital Management, L.P. reduced to a holding in Nuveen Credit Strategies Income Fund by 42.93%. The sale prices were between $7.33 and $7.98, with an estimated average price of $7.63. The stock is now traded at around $7.62. The impact to a portfolio due to this sale was -2.06%. Saba Capital Management, L.P. still held 8,111,271 shares as of .

Reduced: PGIM High Yield Fund Inc (ISD)

Saba Capital Management, L.P. reduced to a holding in PGIM High Yield Fund Inc by 29.64%. The sale prices were between $14.15 and $14.96, with an estimated average price of $14.61. The stock is now traded at around $15.20. The impact to a portfolio due to this sale was -0.22%. Saba Capital Management, L.P. still held 851,360 shares as of .

Reduced: Ivy High Income Opportunities Fund (IVH)

Saba Capital Management, L.P. reduced to a holding in Ivy High Income Opportunities Fund by 41.24%. The sale prices were between $13.26 and $13.84, with an estimated average price of $13.6. The stock is now traded at around $13.94. The impact to a portfolio due to this sale was -0.22%. Saba Capital Management, L.P. still held 538,946 shares as of .

Reduced: NUVEEN CONNECTICUT QUALITY MUNICIPAL INCOME FUND (NTC)

Saba Capital Management, L.P. reduced to a holding in NUVEEN CONNECTICUT QUALITY MUNICIPAL INCOME FUND by 35.08%. The sale prices were between $12.91 and $13.61, with an estimated average price of $13.35. The stock is now traded at around $12.04. The impact to a portfolio due to this sale was -0.22%. Saba Capital Management, L.P. still held 753,483 shares as of .

Reduced: Eaton Vance California Municipal Bond Fund (EVM)

Saba Capital Management, L.P. reduced to a holding in Eaton Vance California Municipal Bond Fund by 45.92%. The sale prices were between $10.96 and $11.64, with an estimated average price of $11.32. The stock is now traded at around $11.23. The impact to a portfolio due to this sale was -0.16%. Saba Capital Management, L.P. still held 391,529 shares as of .

Reduced: R.R.Donnelley & Sons Co (RRD)

Saba Capital Management, L.P. reduced to a holding in R.R.Donnelley & Sons Co by 85.17%. The sale prices were between $1.69 and $3.77, with an estimated average price of $2.37. The stock is now traded at around $4.14. The impact to a portfolio due to this sale was -0.15%. Saba Capital Management, L.P. still held 318,798 shares as of .



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