Saba capital management sells $1.16 million in Nuveen New Jersey fund shares

Saba Capital Management, L.P., a important stakeholder successful Nuveen New Jersey Quality Municipal Income Fund (NYSE:), a $504 cardinal marketplace headdress money known for its awesome 7.77% dividend yield, has reported the merchantability of shares valued astatine astir $1.16 million. The transactions occurred implicit 2 days, with the steadfast selling 50,043 shares connected January 16 astatine a terms of $12.06 per stock and 45,524 shares connected January 17 astatine $12.12 per share.

Following these transactions, Saba Capital Management present holds a full of 4,946,372 shares successful the fund. These income were executed nether indirect ownership, arsenic noted successful the caller SEC filing.

This nonfiction was generated with the enactment of AI and reviewed by an editor. For much accusation spot our T&C.