NMAI Nuveen Multi-Asset Income Fund Insider Trading

VP Siffermann bought 75 shares of NMAI at $13.44 on 2026-03-04; holds 330 post-transaction.

Siffermann purchased 75 shares at $13.44, a modest $1,008.00 transaction that increases his stake by 29.4% to 330 shares. The purchase occurred near the upper end of the 52-week range ($10.75–$13.88) and is now trading 6.1% below the 52-week high at $13.03. His cross-ticker track record shows 7 prior buys with uniformly negative average returns: -3.4% over 30 days and -4.2% over 90 days, with a 0.00% win rate. The confluence of a small absolute dollar amount, a near-high entry price, and a consistent pattern of underwater purchases in his historical record suggests this addition warrants investor scrutiny to understand the fund's strategic position and Siffermann's conviction level relative to his demonstrated outcomes.

Saba Capital (10% owner) sells 101,126 shares of NMAI for $1,222,837.48 across two transactions on Jan 2–3.

Saba Capital, a 10% shareholder, executed two separate sales totaling 101,126 shares for $1,222,837.48 at a blended average price of $12.09 on January 2–3, 2025. This represents a -2.8% reduction in the fund's holdings, from 3,599,625 shares to 3,498,499 shares post-transaction. The current price of $12.19 is -9.6% from the 52-week high and down 5.8% over the prior 30 days. Saba's cross-ticker track record shows 20 prior buys across all holdings, but this filing contains no FLAG indicating a 10b5-1 plan, suggesting these are discretionary sales. The modest reduction in an already substantial 3.50M share position, combined with modest recent downward price pressure, provides limited basis for strong directional inference without additional context on Saba's broader fund strategy or market outlook.

Saba Capital (10% owner) sells 104,249 shares of NMAI across 2 transactions for $1,257,928.20, reducing stake by 2.8%

Saba Capital Management, L.P., a 10% shareholder, executed two separate sales on 2024-12-27 and 2024-12-30, totaling 104,249 shares for $1,257,928.20 at a blended average price of $12.07, reducing holdings from 3.74M shares to 3.63M shares. The stock currently trades at $12.04, near the transaction price, and stands -10.7% from its 52-week high of $13.48 with a -5.9% decline over 30 days. Notably, Saba's cross-ticker track record shows 19 prior buys and only 1 prior sell, making this a departure from a predominantly accumulation pattern; the prior sell at this ticker (2024-12-26) occurred immediately before these sales, suggesting a recent shift in positioning at NMAI.

Saba Capital (10% owner) sold 83,265 shares of NMAI at $12.09 for $1.0M on 2024-12-26; post-transaction holdings remain substantial at 3.74M shares.

Saba Capital Management, a 10% owner, executed a sale of 83,265 shares at $12.09 on 2024-12-26, representing a 2.2% reduction from pre-transaction holdings of 3.82M shares. The stock is currently trading at $12.05, down 5.1% over 30 days and 8.2% over 90 days from higher levels, positioning this sale near recent weakness. Across the insider's full open-market history, there is a significant disparity between 17 prior buys and only 3 prior sells, indicating a predominantly accumulative posture. With measurable outcomes unavailable for same-ticker timing assessment, the sale's placement during a period of material price decline relative to recent highs merits investor attention as context for evaluating whether this represents a partial exit during weakness.

10% owner Saba Capital reduces stake by 99,467 shares (2.4%) at $12.85 avg in two trades

Saba Capital Management executed two separate sales totaling 99,467 shares for $1,277,864.82 on 2024-12-03 and 2024-12-04, reducing post-transaction holdings from 4.14M shares to 4.04M shares. At a blended average price of $12.85, the sale occurred close to the current price of $12.89 and near the 52-week high of $13.48 (within 4.4% of the peak). Notably, Saba Capital's cross-ticker track record shows 17 prior open-market buys against only 3 prior sells, indicating a strongly acquisitive historical posture. This sale represents a modest reduction of a large remaining position rather than a complete exit, consistent with partial portfolio management rather than conviction reversal.

10% Owner Saba Capital sold 105,655 shares (105.7K) of NMAI for $1,367,524.75 (blended avg $12.94)

Saba Capital Management executed 2 separate sales totaling 105,655 shares for $1,367,524.75 on October 8–9, 2024, reducing holdings from 4,408,309 shares to 4,302,654 shares, a -2.4% reduction in the position. The sales occurred at $12.95 and $12.94 per share (blended average $12.94), near the current price of $12.88 and within the 52-week range of $10.62–$13.48. The seller's cross-ticker trade history shows 12 prior buys and 8 prior sells, indicating a pattern of both accumulation and periodic liquidation across holdings. This sale represents a routine reduction in an already substantial 4.30M-share position rather than a complete exit.