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Boaz Weinstein's Saba Capital sells $252,316 in Abrdn global infrastructure

Published 02/12/2024, 22:28
ASGI
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In a recent transaction, Saba Capital Management, L.P., led by Boaz Weinstein, reported selling shares of abrdn Global Infrastructure Income Fund (NYSE:ASGI), a fund currently trading near its 52-week high of $20.35. The firm sold 12,724 shares at a price of $19.83 each, totaling approximately $252,316. After the sale, Saba Capital Management holds 2,760,337 shares of the fund, which has delivered an impressive 23.5% return year-to-date and offers a substantial 12.7% dividend yield. This transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission, dated November 29, 2024. For detailed dividend analysis and more insights, InvestingPro subscribers have access to additional metrics and investment tools.

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