Japan Smaller Capitalization Fund (JOF): 10% owner Saba Capital bought 13,133 shares

What happened

• The Form 4 filed for Japan Smaller Capitalization Fund Inc (JOF) reports that Saba Capital Management, L.P., a 10% owner, purchased 13,133 shares at $12.33 per share on Oct 14, 2026, for a total of $161,930. The filing lists the transaction as an open market or private purchase (code P).

Key details

• Transaction date and price: Oct 14, 2026 — 13,133 shares at $12.33.
• Total value reported: $161,930.
• Shares owned after the transaction: not stated in the Form 4.
• Footnotes: no 10b5-1 plan, tax withholding, or other special footnotes reported in the filing.
• Filing date and timeliness: filed Oct 16, 2026 (reporting period Oct 14, 2026); the filing is not marked late.

Why it may matter

• Saba Capital Management, L.P. is a 10% owner, meaning it is a large holder rather than an individual executive.
• The filing does not show why the insider traded or why the company acted.