Saba Capital increases stake in ASA Gold & Precious Metals (Ticker: ASA)

Rhea-AI Filing Summary

Saba Capital Management, L.P., a more than 10% owner of ASA Gold & Precious Metals Ltd, reported two open‑market purchases of common stock. On January 29, 2026, it bought 17,075 shares at $74.59 per share, bringing its indirectly held position to 5,544,732 shares. On January 30, 2026, it purchased another 21,708 shares at $65.56 per share, increasing its indirectly beneficially owned common stock to 5,566,440 shares.

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

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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)
01/29/2026

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	01/29/2026		P		17,075	A	$74.59	5,544,732	I	-
Common Stock	01/30/2026		P		21,708	A	$65.56	5,566,440	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	02/02/2026
	Boaz Weinstein	02/02/2026
	** 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 Saba Capital report for ASA Gold & Precious Metals Ltd (ASA)?

Saba Capital Management, L.P. reported open‑market purchases of ASA Gold & Precious Metals Ltd common stock. It acquired 17,075 shares at $74.59 on January 29, 2026, and 21,708 shares at $65.56 on January 30, 2026, as indirect holdings.

How many ASA shares does Saba Capital beneficially own after the reported Form 4 trades?

Following the reported transactions, Saba Capital Management, L.P. beneficially owns 5,566,440 shares of ASA Gold & Precious Metals Ltd common stock indirectly. This figure reflects its position after buying 17,075 shares on January 29, 2026 and 21,708 shares on January 30, 2026.

What were the purchase prices in Saba Capital’s latest ASA stock transactions?

Saba Capital Management, L.P. bought ASA common stock at two different prices. It purchased 17,075 shares at $74.59 per share on January 29, 2026, and 21,708 shares at $65.56 per share on January 30, 2026, as reported on Form 4.

Is Saba Capital considered a major shareholder of ASA Gold & Precious Metals Ltd (ASA)?

Yes. Saba Capital Management, L.P. is identified as a more than 10% owner of ASA Gold & Precious Metals Ltd. The Form 4 notes this status alongside the reported indirect ownership of 5,566,440 common shares after the latest purchases.

Are Saba Capital’s reported ASA share holdings direct or indirect?

The reported ASA holdings for Saba Capital Management, L.P. are classified as indirect. After acquiring 17,075 shares on January 29, 2026 and 21,708 shares on January 30, 2026, its indirectly beneficially owned ASA common stock totals 5,566,440 shares.