Saba capital management purchases $3.04 million of PIMCO dynamic income strategy fund shares By Investing.com
Saba Capital Management, L.P., a significant shareholder in the PIMCO Dynamic Income Strategy Fund (NYSE:PDX), recently expanded its holdings. On November 18, the firm acquired 117,561 shares at a price of $25.85 per share, amounting to a total investment of approximately $3.04 million. Following this transaction, Saba Capital Management’s total ownership in the fund increased to 6,538,540 shares. The acquisition reflects the firm’s ongoing interest in the fund, which is known for its strategic income investments.
InvestingPro Insights
Saba Capital Management’s recent acquisition of PIMCO Dynamic Income Strategy Fund (NYSE:PDX) shares aligns with several positive indicators highlighted by InvestingPro. The fund’s stock is currently…
