Insider Purchase by Saba Capital Management, L.P. (10%)
Trade Summary
3 months ago, Saba Capital Management, L.P., serving as 10% owner at New Germany Fund Inc (GF), purchased 27,269 shares at $10.55 per share, for a total transaction value of $287,688.00. Following this transaction, Saba Capital Management, L.P. now holds 2,586,094 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, March 23, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 24, 2026 at 4:00 PM 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
$10.55
Quantity
27,269
Total Value
$287,688.00
Shares Owned
2,586,094
Trade Date
94 days ago
SEC Filing Date
at 4:00 PM ET
Filed 1 day after trade
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