Saba Capital buys 61K NEW GERMANY FUND shares

Saba Capital Management, L.P., a ten percent owner of NEW GERMANY FUND INC, made an open-market purchase of 61,137 shares of common stock at $12.00 per share on June 4, 2026.

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Filing Sentiment

(Positive)How Sentiment works

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Form Type

Rhea-AI Filing Summary

Saba Capital Management, L.P., a ten percent owner of NEW GERMANY FUND INC, made an open-market purchase of 61,137 shares of common stock at $12.00 per share on June 4, 2026.

After this transaction, Saba Capital’s indirect holdings in the fund increased to 3,497,999 common shares, signaling a net addition to its position rather than a sale or option exercise.

Insider Trade Summary

Net Buyer: 61,137 shares

Net Buy 1 txn

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 61,137 shs ($734K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	61,137	$12.00	$734K

Holdings After Transaction: Common Stock — 3,497,999 shares (Indirect, -)

Key Figures

Shares purchased: 61,137 shares Purchase price: $12.00 per share Shares held after: 3,497,999 shares +2 more

5 metrics

Shares purchased 61,137 shares Open-market purchase on June 4, 2026

Purchase price $12.00 per share Transaction price for common stock

Shares held after 3,497,999 shares Indirect ownership following the transaction

Net buy shares 61,137 shares Net change in position from this filing

Buy transactions 1 transaction Count of buy entries in this Form 4

Key Terms

open-market purchase, ten percent owner, indirect ownership, Form 4

4 terms

open-market purchase financial

"transaction_action: "open-market purchase" of common stock"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

ten percent owner financial

"Saba Capital Management, L.P. is marked as a ten percent owner"

indirect ownership financial

"ownership_type is listed as "indirect" with code "I""

Form 4 regulatory

"Insider transaction reported on SEC Form 4"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Saba Capital report for NEW GERMANY FUND (GF)?

Saba Capital reported an open-market purchase of 61,137 NEW GERMANY FUND common shares. The trade occurred on June 4, 2026, at a price of $12.00 per share, increasing its indirect ownership stake in the fund.

How many NEW GERMANY FUND (GF) shares does Saba Capital hold after this trade?

After the reported purchase, Saba Capital holds 3,497,999 NEW GERMANY FUND common shares indirectly. This figure reflects its position immediately following the June 4, 2026 open-market transaction at $12.00 per share.

Was the Saba Capital trade in NEW GERMANY FUND (GF) a buy or a sell?

The transaction was a buy. Saba Capital executed an open-market purchase of 61,137 NEW GERMANY FUND common shares at $12.00 per share, resulting in a net increase in its indirect holdings.

At what price did Saba Capital buy NEW GERMANY FUND (GF) shares?

Saba Capital bought NEW GERMANY FUND common stock at $12.00 per share. The filing shows a single open-market purchase of 61,137 shares on June 4, 2026 at that transaction price.

Is Saba Capital considered a major holder of NEW GERMANY FUND (GF)?

Yes. In the filing, Saba Capital is identified as a ten percent owner of NEW GERMANY FUND. Following its June 4, 2026 purchase, it indirectly holds 3,497,999 shares of the fund’s common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/08/2026 - 11:57 AM EDT

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
Estimated average burden
hours per response:			0.5

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

10174

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NEW GERMANY FUND INC [ GF ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/04/2026		P		61,137	A	$12	3,497,999	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

	Saba Capital Management, L.P. By: Zachary Gindes	06/08/2026
	Boaz Weinstein	06/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR