Voya Prime Rate Trust (NYSE:PPR) major shareholder Saba Capital Management, L.P. bought 46,086 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were bought at an average cost of $3.82 per share, for a total transaction of $176,048.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

  • On Monday, March 23rd, Saba Capital Management, L.P. bought 300,000 shares of Voya Prime Rate Trust stock. The shares were bought at an average cost of $3.14 per share, for a total transaction of $942,000.00.
  • On Friday, March 20th, Saba Capital Management, L.P. acquired 167,983 shares of Voya Prime Rate Trust stock. The shares were acquired at an average price of $3.17 per share, for a total transaction of $532,506.11.
  • On Monday, March 16th, Saba Capital Management, L.P. bought 81,292 shares of Voya Prime Rate Trust stock. The stock was purchased at an average price of $4.07 per share, with a total value of $330,858.44.
  • On Thursday, March 12th, Saba Capital Management, L.P. bought 221,486 shares of Voya Prime Rate Trust stock. The stock was purchased at an average price of $4.11 per share, with a total value of $910,307.46.
  • On Monday, March 9th, Saba Capital Management, L.P. bought 1,100 shares of Voya Prime Rate Trust stock. The stock was purchased at an average price of $4.61 per share, with a total value of $5,071.00.
  • On Wednesday, March 4th, Saba Capital Management, L.P. bought 93,847 shares of Voya Prime Rate Trust stock. The stock was purchased at an average price of $5.02 per share, with a total value of $471,111.94.
  • On Friday, February 21st, Saba Capital Management, L.P. bought 400 shares of Voya Prime Rate Trust stock. The stock was purchased at an average price of $5.14 per share, with a total value of $2,056.00.
  • On Tuesday, February 18th, Saba Capital Management, L.P. bought 722,939 shares of Voya Prime Rate Trust stock. The stock was purchased at an average price of $5.18 per share, with a total value of $3,744,824.02.
  • On Thursday, February 13th, Saba Capital Management, L.P. bought 162,264 shares of Voya Prime Rate Trust stock. The stock was purchased at an average price of $5.17 per share, with a total value of $838,904.88.
  • On Monday, February 10th, Saba Capital Management, L.P. bought 167,647 shares of Voya Prime Rate Trust stock. The stock was purchased at an average price of $5.17 per share, with a total value of $866,734.99.

Shares of PPR stock opened at $3.53 on Thursday. Voya Prime Rate Trust has a one year low of $2.95 and a one year high of $5.19. The firm has a 50-day moving average of $4.71 and a 200-day moving average of $4.82.

The firm also recently announced a monthly dividend, which was paid on Monday, March 23rd. Shareholders of record on Tuesday, March 10th were given a dividend of $0.0217 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.26 dividend on an annualized basis and a yield of 7.38%.

A number of large investors have recently modified their holdings of PPR. Integrated Advisors Network LLC bought a new position in shares of Voya Prime Rate Trust in the fourth quarter valued at approximately $50,000. Kerntke Otto McGlone Wealth Management Group bought a new stake in Voya Prime Rate Trust during the fourth quarter valued at approximately $79,000. Integrated Capital Management Inc. lifted its position in Voya Prime Rate Trust by 26.6% during the fourth quarter. Integrated Capital Management Inc. now owns 16,700 shares of the investment management company’s stock valued at $84,000 after purchasing an additional 3,508 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in Voya Prime Rate Trust during the fourth quarter valued at approximately $107,000. Finally, Voit & Company LLC purchased a new position in shares of Voya Prime Rate Trust during the fourth quarter worth approximately $139,000.

Voya Prime Rate Trust Company Profile

Voya Prime Rate Trust is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.

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Insider Buying and Selling by Quarter for Voya Prime Rate Trust (NYSE:PPR)

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