Saba Capital Management, L.P., a significant stakeholder in Nuveen Multi-Asset Income Fund (NYSE:NMAI), has reported the sale of 43,236 shares, totaling approximately $520,499. The transactions occurred on January 7 and 8, with sale prices ranging from $12.01 to $12.11 per share. The stock, currently trading at $11.89, offers an attractive dividend yield of 13.91%, according to InvestingPro data. Following these transactions, Saba Capital’s indirect ownership stands at 3,422,841 shares. The sales were signed off by Zachary Gindes on behalf of Saba Capital and by Boaz Weinstein, both dated January 10, 2025. The $401.44M market cap fund is currently trading near its 52-week low of $11.63. InvestingPro subscribers can access 3 additional key insights about NMAI’s financial health and market performance.
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