BCAT / BCAT: Shareholder Activism Might Lead To Tender Offer

The BlackRock Capital Allocation Term Trust is an interesting term closed-end fund that liquidates in 2032. The fund invests in both stocks and bonds, more_horizontal

Boaz Weinstein, head of Saba Capital Management, is taking on BlackRock over a number of closed-end funds. Weinstein aims to switch BlackRock Capital more_horizontal

On July 31, 2023, Saba Capital Management, L.P. (Trades, Portfolio), a renowned investment firm, added 236,990 shares of First Trust New Opportunities more_horizontal

On July 31, 2023, Saba Capital Management, L.P. (Trades, Portfolio), a renowned investment firm, added 421,247 shares of Nuveen New Jersey Quality Mun more_horizontal

On July 28, 2023, Saba Capital Management, L.P. (Trades, Portfolio), a renowned investment firm, added 5,731,129 shares of PIMCO Energy & Tactical Cre more_horizontal

In a recent transaction, Saba Capital Management, L.P. (Trades, Portfolio), a prominent investment firm, has acquired a significant stake in ClearBrid more_horizontal

On July 26, 2023, Saba Capital Management, L.P. (Trades, Portfolio), a renowned investment firm, added 1,610,875 shares of ClearBridge MLP & Midstream more_horizontal

On July 25, 2023, Saba Capital Management, L.P. (Trades, Portfolio), a renowned investment firm, added 960,398 shares of ClearBridge Energy MLP Total more_horizontal