Saba Capital Management, L.P. bought $850K of Highland Funds I - Highland Opportunities and Income Fund (HFRO)
Executed Jun 9, disclosed Jun 11, 2 days later.
Over the 21 trading sessions from the disclosed entry session (Jun 11), the stock returned +9.5% (delay-adjusted); from the execution session (Jun 9), +14.0%. Derived: entry at the session's open, exit at the close 20 sessions later.
Saba Capital Management, L.P. (10% owner) filed 334 Form 4 reports as a reporting entity in the trailing twelve months (142 purchases, 192 sales, 5 filed past the two-business-day deadline), most often in BlackRock ESG Capital Allocation Term Trust (ECAT). Across 140 priced purchase filings, the average 21-session return was +5.2% from execution and +5.2% from disclosure (delay-adjusted; derived). The largest single filing was $9.4M of ASA (134,093 sh across 2 lots, as filed), executed Feb 12.
Financial Services · Highland Funds I - Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management…
More Financial Services filings→ Insider filings, newest first→ View the original filing at www.sec.gov→18,017 sh × $6.73
Exec Jun 4
Filed Jun 8 · 12:09 PM ET HFROPURCHASE Highland Funds I - Highland Opportunities and Income Fund $189K
28,440 sh × $6.66
Exec Jun 3
Filed Jun 4 · 5:12 PM ET HFROPURCHASE Highland Funds I - Highland Opportunities and Income Fund $526K
78,346 sh × $6.71
Exec Jun 2
Filed Jun 3 · 5:22 PM ET HFROPURCHASE Highland Funds I - Highland Opportunities and Income Fund $209K
31,928 sh × $6.55
Exec May 29
Filed Jun 1 · 12:48 PM ET HFROPURCHASE Highland Funds I - Highland Opportunities and Income Fund $128K
20,490 sh × $6.25
Exec May 21
Filed May 26 · 1:31 PM ET HFROPURCHASE Highland Funds I - Highland Opportunities and Income Fund $391K
62,976 sh across 2 lots
Exec May 19
Filed May 21 · 11:14 AM ET