PIMCO Dynamic Income Strategy Fund: 10% owner Saba Capital sold 3,800 shares

What happened Saba Capital Management, L.P., a 10% owner, sold 2,700 shares at $20.50 and 1,100 shares at $20.47 on Oct 21, 2026, for total proceeds of $77,867. The transactions are reported as open market or private sales (code S) on the Form 4 filed Oct 23, 2026.

Key details

• Transaction dates and prices: Oct 21, 2026 — 2,700 shares @ $20.50 ($55,350); Oct 21, 2026 — 1,100 shares @ $20.47 ($22,517).
• Transaction type: open market or private sale (S).
• Shares owned following the transactions: not reported in this filing.
• Footnote F1: "The securities reported herein are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager. Mr. Boaz R. Weinstein serves as the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P."
• Filing date: filed Oct 23, 2026, reporting transactions on Oct 21, 2026.

Why it may matter The filer is a 10% owner, meaning a large holder rather than an executive. The Form 4 reports outright sales (not option exercises, gifts, or awards). A filing does not show why the insider traded or why the company acted.