Saba Capital boosts ASA Gold & Precious Metals (ASA) position with stock buys

Rhea-AI Filing Summary

Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd, reported open‑market purchases of the company’s common stock. On February 3, 2026, it bought 28,333 shares at $66.14 per share, followed by 6,788 shares at $66.45 per share on February 4, 2026.

After these transactions, Saba Capital Management, L.P. indirectly beneficially owned 5,603,239 shares, then 5,610,027 shares of ASA common stock. The ownership is reported as indirect, indicating the shares are held through an entity rather than directly.

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)
02/03/2026

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	02/03/2026		P		28,333	A	$66.14	5,603,239	I	-
Common Stock	02/04/2026		P		6,788	A	$66.45	5,610,027	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	02/05/2026
	Boaz Weinstein	02/05/2026
	** 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) report in this Form 4?

ASA reported that Saba Capital Management, L.P., a 10% owner, bought ASA common stock in the open market on February 3 and 4, 2026. These transactions increased its indirectly beneficially owned share count in the company.

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

Saba Capital Management, L.P. purchased 28,333 ASA common shares on February 3, 2026, and 6,788 shares on February 4, 2026. Both transactions were reported as open‑market purchases coded as “P” in the filing.

At what prices did Saba Capital Management, L.P. buy ASA stock?

The Form 4 shows Saba Capital Management, L.P. bought ASA common stock at $66.14 per share on February 3, 2026, and at $66.45 per share on February 4, 2026. Both are reported as purchase transactions in the filing.

What is Saba Capital Management, L.P.’s ownership in ASA after these trades?

Following the reported purchases, Saba Capital Management, L.P. indirectly beneficially owned 5,603,239 ASA shares after the February 3, 2026 trade and 5,610,027 shares after the February 4, 2026 trade, according to the Form 4 disclosure.

Is the ASA ownership by Saba Capital reported as direct or indirect?

The Form 4 lists Saba Capital Management, L.P.’s ASA holdings as indirect. The ownership form is marked “I,” indicating the shares are held through an entity or structure rather than being directly held in its own name.

What is Saba Capital Management, L.P.’s relationship to ASA Gold & Precious Metals Ltd?

Saba Capital Management, L.P. is reported as a 10% owner of ASA Gold & Precious Metals Ltd in the Form 4. It is not listed as a director or officer, but as a large shareholder with significant beneficial ownership.