Saba Capital Management, L.P. filed a Form 4 on October 29, 2026, disclosing a purchase of 2,504 shares of common stock in New Germany Fund Inc on October 28, 2026.

Key Highlights

  • Transaction date: October 28, 2026, with 2,504 shares of common stock acquired at $10.20 per share.
  • Post-transaction ownership: Saba Capital Management, L.P. beneficially owns 3,903,924 shares following the reported transaction, held indirectly.
  • Reporting person: Saba Capital Management, L.P., identified as a 10% owner of New Germany Fund Inc.
  • Indirect ownership: The filing states the securities are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager.
  • Key individuals: Boaz R. Weinstein is identified as the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P.

Saba Capital Management Adds to New Germany Fund Position in October 2026

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Saba Capital Management, L.P. acquired 2,504 shares of New Germany Fund Inc (NYSE:GF) common stock on October 28, 2026, at a price of $10.20 per share. The transaction code recorded in the filing is "P," indicating an open-market purchase.

Following the reported transaction, the filing discloses that Saba Capital Management, L.P. beneficially owns 3,903,924 shares of New Germany Fund Inc common stock on an indirect basis. The filing explains that "the securities reported herein are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager." Saba Capital Management, L.P. is identified in the filing as a 10% owner of the issuer.

The filing was signed on October 29, 2026, by Maria Piccolino on behalf of Saba Capital Management, L.P., and by Boaz R. Weinstein, who the filing identifies 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 the filing.

What Was Disclosed

Saba Capital Management, L.P. reported a purchase of 2,504 shares of New Germany Fund Inc common stock at $10.20 per share on October 28, 2026, bringing its total indirect beneficial ownership to 3,903,924 shares, according to the Form 4 filed October 29, 2026.