Saba Capital (GF) adds 3,158 NEW GERMANY FUND INC shares in buy

Rhea-AI Filing Summary

Saba Capital Management, L.P., a ten percent owner of NEW GERMANY FUND INC, made an open-market purchase of common stock. On March 26, 2026, it bought 3,158 shares at $10.21 per share, bringing its indirect holdings to 2,589,252 shares after the transaction.

Insider Trade Summary

Net Buyer: 3,158 shares ($32,243)

Net Buy 1 txn

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 3,158 shs ($32K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	3,158	$10.21	$32K

Holdings After Transaction: Common Stock — 2,589,252 shares (Indirect, -)

Footnotes (1)

Key Figures

Shares purchased: 3,158 shares Purchase price: $10.21 per share Total holdings after transaction: 2,589,252 shares +1 more

4 metrics

Shares purchased 3,158 shares Open-market purchase on March 26, 2026

Purchase price $10.21 per share Common stock transaction

Total holdings after transaction 2,589,252 shares Indirect ownership following purchase

Net shares bought 3,158 shares Net-buy direction in transaction summary

Key Terms

open-market purchase, ten percent owner, indirect ownership

3 terms

open-market purchase financial

"transaction_action": "open-market purchase""

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

""is_ten_percent_owner": 1"

indirect ownership financial

""ownership_type": "indirect""

Form 4 Insider Transactions: What Each Field Means →

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 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)
03/26/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/26/2026		P		3,158	A	$10.21	2,589,252	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	03/30/2026
	Boaz Weinstein	03/30/2026
	** 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)

FAQ

What insider transaction did Saba Capital report for GF on March 26, 2026?

Saba Capital Management, L.P. reported buying 3,158 shares of NEW GERMANY FUND INC common stock on March 26, 2026. The open-market purchase was made at $10.21 per share and increased its indirect holdings to 2,589,252 shares following the transaction.

How many NEW GERMANY FUND INC shares does Saba Capital hold after this Form 4?

After the reported transaction, Saba Capital Management, L.P. indirectly holds 2,589,252 shares of NEW GERMANY FUND INC common stock. This total reflects the addition of 3,158 shares purchased in the open market at $10.21 per share on March 26, 2026.

Was the Saba Capital transaction in GF stock a purchase or a sale?

The transaction was a purchase. Saba Capital Management, L.P. executed an open-market buy of 3,158 shares of NEW GERMANY FUND INC common stock at $10.21 per share, increasing its indirect ownership position to 2,589,252 shares following the trade.

At what price did Saba Capital buy NEW GERMANY FUND INC shares in this filing?

Saba Capital Management, L.P. bought NEW GERMANY FUND INC common stock at $10.21 per share. The Form 4 shows an open-market purchase of 3,158 shares on March 26, 2026, resulting in total indirect holdings of 2,589,252 shares after the transaction.

Is Saba Capital a ten percent owner of NEW GERMANY FUND INC in this Form 4?

Yes. The Form 4 identifies Saba Capital Management, L.P. as a ten percent owner of NEW GERMANY FUND INC. Following its March 26, 2026 open-market purchase of 3,158 shares, it indirectly holds 2,589,252 shares of the company’s common stock.