Saba Capital Management, L.P. 4

What Happened Saba Capital Management, L.P., disclosed two open-market sales of PIMCO Dynamic Income Strategy Fund (PDX) shares. On 2026-02-24 it sold 16,924 shares at $20.10 ($340,172) and on 2026-02-25 it sold 14,415 shares at $20.05 ($289,021), for a combined 31,339 shares and roughly $629,193 in proceeds. These transactions are sales (S) and therefore represent dispositions rather than purchases.

Key Details

• Transaction dates and prices:
  • 2026-02-24: Sold 16,924 shares @ $20.10 — $340,172
  • 2026-02-25: Sold 14,415 shares @ $20.05 — $289,021
• Total disposed: 31,339 shares for ~ $629,193.
• Shares owned after transaction: Not specified in the filing provided.
• Footnotes/plans: The filing includes no noted 10b5-1 plan, tax withholding, or other special footnotes in the details provided.
• Filing timeliness: Report filed 2026-02-26 for trades on Feb 24–25 — no late filing is indicated.

Context Saba Capital is reported as a 10% owner (an institutional investor), not an executive officer of the fund; institutional sales can be for portfolio rebalancing or other fund-level decisions and do not by themselves indicate management sentiment. As with most sales, this is a disposal of holdings rather than a bullish purchase signal.