Saba Capital Sells NQP Shares, 24273 at $11.4/share, 29484 at $11.37/share.

Wednesday, Sep 17, 2025 12:19 pm ET1min read

Nuveen Pennsylvania Quality Municipal Income Fund (NQP) has disclosed that Saba Capital Management, L.P., a 10% owner of the fund, has executed two transactions involving the sale of shares. On September 15, 2025, Saba Capital Management sold 24,273 shares at a price of $11.4 per share. The following day, on September 16, 2025, the entity sold an additional 29,484 shares at a price of $11.37 per share.

Saba Capital Management, L.P., a significant shareholder in Nuveen Pennsylvania Quality Municipal Income Fund (NQP), has recently executed two transactions involving the sale of shares. According to a Form 4 filing with the Securities and Exchange Commission, the firm sold a total of 53,757 shares of NQP’s common stock.

On September 15, 2025, Saba Capital Management sold 24,273 shares at a price of $11.4 per share. The following day, on September 16, 2025, the entity sold an additional 29,484 shares at a price of $11.37 per share. These transactions have reduced Saba Capital Management's ownership in the fund.

The latest developments come amidst broader changes in the company's leadership structure. ASA Gold & Precious Metals Ltd (NYSE:ASA), another entity in which Saba Capital Management holds a significant stake, has seen changes in its Board of Directors. William Donovan and Mary Joan Hoene have resigned, while Karen Caldwell has joined as a new director and will serve until the 2025 Annual General Meeting of Shareholders. Caldwell has been appointed as the Chair of the company’s Audit and Ethics Committee and designated as an audit committee financial expert.

These transactions and leadership changes reflect ongoing adjustments in the financial landscape, but no further details about the company's earnings or revenue were provided in the latest announcement. Investors should remain vigilant and consult with financial professionals for personalized advice.

Saba Capital Sells NQP Shares, 24273 at $11.4/share, 29484 at $11.37/share.

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