Insider Purchase by Saba Capital Management, L.P. (10%)
Trade Summary
6 months ago, Saba Capital Management, L.P., serving as 10% owner at New Germany Fund Inc (GF), purchased 17,034 shares at $11.63 per share, for a total transaction value of $198,105.00. Following this transaction, Saba Capital Management, L.P. now holds 2,228,169 shares of GF.
This purchase represents a 1.00% increase in Saba Capital Management, L.P.'s stake in the company. This is considered a medium-conviction trade.
The trade was executed on Monday, January 5, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, January 6, 2026 at 9:59 AM ET, 1 day after the trade was made.
New Germany Fund Inc operates in the FINANCIAL SERVICES sector, specifically within the ASSET MANAGEMENT industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$11.63
Quantity
17,034
Total Value
$198,105.00
Shares Owned
2,228,169
Trade Date
183 days ago
SEC Filing Date
at 9:59 AM ET
Filed 1 day after trade
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