New Germany Fund Inc: 10% owner Saba Capital Management bought 2,462 shares

What happened

• Saba Capital Management, L.P., identified as a 10% owner, reported a purchase of 2,462 shares of New Germany Fund Inc on Oct 21, 2026. The filing shows a price of $10.44 per share for a total of $25,703 and lists the transaction type as purchase (P).

Key details

• Transaction date and price: Oct 21, 2026 @ $10.44 per share.
• Total value: $25,703.
• Shares owned after the transaction: not reported in the filing.
• Footnote F1: the securities are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager; Boaz R. Weinstein is the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P.
• Filing date and timeliness: report filed Oct 22, 2026 for the Oct 21, 2026 transaction; the filing is not marked late.

Why it may matter

• The filing identifies the buyer as a 10% owner, which is a large holder rather than an executive.
• The transaction is reported as an open market or private purchase (P), i.e., a buy, not a gift or option exercise.
• A filing does not show why the insider traded or why the company acted.