Trade Summary
2 weeks ago, Saba Capital Management, L.P., serving as 10% owner at New Germany Fund Inc (GF), purchased 14,355 shares at $11.28 per share, for a total transaction value of $161,924.00. Following this transaction, Saba Capital Management, L.P. now holds 2,136,472 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, December 15, 2025 and publicly disclosed via SEC Form 4 filing on Tuesday, December 16, 2025, 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.