Trade Summary

2 days ago, Saba Capital Management, L.P., serving as 10% owner Owner at NEW GERMANY FUND INC (GF), purchased 244,493 shares at $11.93 per share, for a total transaction value of $2,916,482.49. Following this transaction, Saba Capital Management, L.P. now holds 3,375,282 shares of GF.

This purchase represents a 7.81% increase in Saba Capital Management, L.P.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, May 26, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, May 28, 2026 at 11:59 AM ET, 2 days 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.