Saba Capital (NYSE: ASA) boosts ASA Gold & Precious Metals stake

Rhea-AI Filing Summary

Saba Capital Management, L.P., a more than 10% owner of ASA Gold & Precious Metals Ltd, reported additional open‑market purchases of the company’s common stock. On January 15, 2026, it bought 4,654 shares at $63.35 per share. On January 16, 2026, it bought another 4,541 shares at $63.63 per share.

After these transactions, Saba Capital Management, L.P. indirectly beneficially owned 5,461,639 shares of ASA Gold & Precious Metals Ltd common stock, as reported on the form.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Saba Capital Management, L.P.

(Last) (First) (Middle)

405 LEXINGTON AVENUE

58TH FLOOR

(Street)

NEW YORK NY 10174

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ASA Gold & Precious Metals Ltd [ ASA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/15/2026		P		4,654	A	$63.35	5,457,098	I	-
Common Stock	01/16/2026		P		4,541	A	$63.63	5,461,639	I	-

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Saba Capital Management, L.P. By: Zachary Gindes	01/20/2026
	Boaz Weinstein	01/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did ASA (ASA Gold & Precious Metals Ltd) report?

The filing shows that Saba Capital Management, L.P., a more than 10% owner, purchased additional shares of ASA Gold & Precious Metals Ltd common stock in two open‑market transactions.

How many ASA common shares did Saba Capital Management, L.P. buy?

Saba Capital Management, L.P. bought 4,654 shares of ASA common stock on January 15, 2026 and 4,541 shares on January 16, 2026.

At what prices were the ASA shares purchased by Saba Capital Management, L.P.?

The reported purchase prices were $63.35 per share on January 15, 2026 and $63.63 per share on January 16, 2026.

How many ASA shares does Saba Capital Management, L.P. beneficially own after these trades?

Following the reported transactions, Saba Capital Management, L.P. indirectly beneficially owned 5,461,639 shares of ASA Gold & Precious Metals Ltd common stock.

Is Saba Capital Management, L.P. a director or officer of ASA Gold & Precious Metals Ltd?

The reporting person, Saba Capital Management, L.P., is identified as a 10% owner of ASA Gold & Precious Metals Ltd and is not listed as a director or officer on the form.

Are the ASA shares held directly or indirectly by Saba Capital Management, L.P.?

The form reports Saba Capital Management, L.P.’s ownership of ASA common stock as indirect (I), with 5,461,639 shares beneficially owned indirectly after the latest transaction.