Saba Capital Management, L.P. filed a Form 4 with the SEC on October 28, 2026, disclosing a purchase of common stock in New Germany Fund Inc on October 27, 2026.

Key Highlights

  • Transaction: Saba Capital Management, L.P. acquired 3,648 shares of New Germany Fund Inc common stock on October 27, 2026.
  • Price paid: Shares were purchased at $10.22 each, according to the filing.
  • Post-transaction ownership: Following the purchase, Saba Capital Management, L.P. beneficially owned 3,901,420 shares on an indirect basis.
  • Ownership role: The filing identifies Saba Capital Management, L.P. as a 10% owner of the issuer.
  • Indirect ownership structure: The shares are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager, with Boaz R. Weinstein serving as managing member of the general partner.

Saba Capital Management's October 27 Purchase in New Germany Fund

Saba Capital Management, L.P. reported an open-market purchase of 3,648 shares of common stock in New Germany Fund Inc (NYSE:GF) at a price of $10.22 per share, transacted on October 27, 2026. The filing, signed and submitted on October 28, 2026, was made pursuant to Section 16(a) of the Securities Exchange Act of 1934 and designates the transaction code as "P," indicating a purchase.

According to the filing, the acquisition brings Saba Capital Management, L.P.'s total indirect beneficial ownership to 3,901,420 shares following the reported transaction. The filing notes that "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, which serves as the general partner of Saba Capital Management, L.P.

The form was filed by one reporting person. No derivative securities were reported in Table II of the filing. The ownership form is listed as indirect. Saba Capital Management, L.P.'s relationship to the issuer is reported as a 10% owner. The filing was signed by Maria Piccolino on behalf of Saba Capital Management, L.P., and also carries Boaz Weinstein's signature, both dated October 28, 2026.

What Was Disclosed

Saba Capital Management, L.P. disclosed the purchase of 3,648 shares of New Germany Fund Inc common stock at $10.22 per share on October 27, 2026, bringing its total indirect beneficial ownership to 3,901,420 shares as of that transaction date.