Saba Capital Management, LP, a significant shareholder in Nuveen Multi-Asset Income Fund (NYSE: NMAI ), a $407 million market cap fund that currently offers a whopping 13.7% dividend yield, reported selling shares of this, according to a new. SEC Filing. InvestingPro The data shows that the fund generally trades with low price volatility, with additional insights available to subscribers. The transactions, executed on January 2 and January 3, 2025, involved the sale of 59,946 shares at $12.08 per share and 41,180 shares at $12.11 per share, respectively. The total value of these sales amounted to approximately $1.22 million. After these transactions, Saba Capital Management owns 3,498,499 shares in the fund. The sale occurred with the fund trading near a 52-week low of $11.63, at a P/E ratio of 8.03. The filings were signed by Zachary Gindes on behalf of Saba Capital Management and Boaz Weinstein, a ten percent owner. Discover more comprehensive financial metrics and analysis using the InvestingPro.

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