Saba Capital Management, L.P. filed a Form 4 with the U.S. Securities and Exchange Commission on October 28, 2026, disclosing a purchase of common stock in New Germany Fund Inc on October 26, 2026.

Key Highlights

  • Reporting person: Saba Capital Management, L.P., identified as a 10% owner of New Germany Fund Inc (NYSE:GF).
  • Transaction: Purchase (code P) of 1,600 shares of common stock on October 26, 2026.
  • Price paid: $10.21 per share.
  • Beneficial ownership after transaction: 3,897,772 shares held indirectly.
  • Indirect ownership note: Securities are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager, according to the filing.
  • Key individual: Boaz R. Weinstein serves as managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P., as disclosed in the filing.

Saba Capital Management's October 2026 Purchase in New Germany Fund

According to the Form 4 filed on October 28, 2026, Saba Capital Management, L.P. acquired 1,600 shares of common stock in New Germany Fund Inc (NYSE:GF) on October 26, 2026, at a price of $10.21 per share. The transaction is coded "P," indicating an open-market purchase. The filing identifies Saba Capital Management, L.P. as a 10% owner of the issuer.

The filing reports that following the transaction, Saba Capital Management, L.P. beneficially owned 3,897,772 shares of New Germany Fund Inc common stock on an indirect basis. As explained in the filing's footnote, "The securities reported herein are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager." Boaz R. Weinstein is identified as the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P.

No derivative securities transactions were reported in Table II of the filing. The form was signed by David Han on behalf of Saba Capital Management, L.P. and by Boaz Weinstein, both on October 28, 2026. No amendment date was listed, indicating this is an original filing.

What Was Disclosed

Saba Capital Management, L.P. disclosed a purchase of 1,600 shares of New Germany Fund Inc common stock at $10.21 per share on October 26, 2026, bringing its indirectly held beneficial ownership to 3,897,772 shares, as reported in a Form 4 filed October 28, 2026.