Saba Capital Management’s Vanguard Total Bond Market BND Stock Holding History

Saba Capital Management’s Portfolio BND Stock Details BND Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-23,711	Closed	-$1.92M	–	110
2015 Q4	$1.92M	Buy	+23,711	New	+$1.93M	0.18%	66
2015 Q3	–	Sell	-106,226	Closed	-$8.63M	–	107
2015 Q2	$8.63M	Sell	106,226 -257,546	-71%	-$21.2M	0.86%	33
2015 Q1	$30.3M	Buy	363,772 +154,567	+74%	+$12.9M	3.17%	6
2014 Q4	$17.2M	Buy	+209,205	New	+$17.3M	1.38%	22
2014 Q3	–	Sell	-1,140,580	Closed	-$93.8M	–	186
2014 Q2	$93.8M	Buy	+1,140,580	New	+$93.2M	4.91%	1
2013 Q4	–	Sell	-59,117	Closed	-$4.78M	–	206
2013 Q3	$4.78M	Buy	+59,117	New	+$4.76M	0.4%	65

Other funds holding BND

Jones Financial Companies Des Peres, Missouri $208B AUM 16.12% 1-Year Est. Return

MFRM

Milliman Financial Risk Management Chicago, Illinois $6.4B AUM 12.26% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

WIM

Windhaven Investment Management Boston, Massachusetts $7.79B AUM 7.81% 1-Year Est. Return

QS Investors New York $8.47B AUM 30.71% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Saba Capital Management's BND Position: Q1 2016 in Review

Saba Capital Management sold out of Vanguard Total Bond Market (BND) in Q1 2016, closing a stake of 23,711 shares — an estimated $1.92M sold.

Saba Capital Management first reported a position in BND in Q3 2013 and held it in 6 quarters. The position peaked at $93.8M in Q2 2014. 499 funds tracked by Wall St. Rank hold BND as of Q1 2016.

Saba Capital Management reported no remaining Vanguard Total Bond Market position as of Q1 2016 after selling out during the quarter.
Saba Capital Management sold 23,711 Vanguard Total Bond Market shares in Q1 2016, an estimated $1.92M.
Saba Capital Management first reported a position in Vanguard Total Bond Market in Q3 2013 and held it in 6 quarters.
Saba Capital Management's Vanguard Total Bond Market position peaked at $93.8M in Q2 2014.
499 funds tracked by Wall St. Rank held Vanguard Total Bond Market as of Q1 2016.

Based on Saba Capital Management's 13F filing for Q1 2016, filed 16 May 2016.