Saba Capital Management, L.P. 4

What Happened

Saba Capital Management, L.P., noted as a 10% beneficial owner of PIMCO Dynamic Income Strategy Fund (PDX), reported a sale of 2,200 shares on 2026-03-05. The shares were disposed at $20.69 each, for a total transaction value of approximately $45,518. The transaction is reported as a sale (transaction code S) and described as an open-market or private sale.

Key Details

• Transaction date: 2026-03-05
• Price per share: $20.69
• Shares sold: 2,200
• Total value: ~$45,518
• Filing date / Accession: Filed 2026-03-09 (Accession 0001510281-26-000112) — filed within the two-business-day window required for Form 4s (timely).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes were provided in the summary data supplied.

Context

This sale was executed by a 10% institutional owner (Saba Capital), not an executive or director — institutional trades can reflect portfolio rebalancing rather than insider sentiment about the company. Sales are common and do not necessarily indicate negative information about the issuer.