New Germany Fund (NYSE: GF) sees 865-share purchase by major holder

Rhea-AI Filing Summary

Saba Capital Management, L.P., a ten percent owner of New Germany Fund Inc., reported open-market purchases totaling 865 common shares. The trades included 157 shares at $11.35 on August 3, 2026 and 708 shares at $11.24 on July 31, 2026, all held indirectly and not under a Rule 10b5-1 plan.

Insider Trade Summary

Net Buyer: 865 shares

Net Buy 2 txns

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 865 shs ($10K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	157	$11.35	$2K
Purchase	Common Stock	708	$11.24	$8K

Holdings After Transaction: Common Stock — 3,671,011 shares (Indirect, -)

Key Figures

Shares purchased on 2026-08-03: 157.0000 shares Shares purchased on 2026-07-31: 708.0000 shares Total shares purchased: 865 shares

3 metrics

Shares purchased on 2026-08-03 157.0000 shares Common Stock bought indirectly at $11.3500 per share on August 3, 2026

Shares purchased on 2026-07-31 708.0000 shares Common Stock bought indirectly at $11.2400 per share on July 31, 2026

Total shares purchased 865 shares Aggregate common shares bought across both reported transactions

Key Terms

ten percent owner, indirect ownership, open market or private transaction

3 terms

ten percent owner regulatory

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

indirect ownership regulatory

"Each transaction is coded with ownership_type "indirect" (I)"

open market or private transaction regulatory

"transaction_code_description: Purchase in open market or private transaction"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 03:23 PM Accepted by SEC EDGAR 08/04/2026 - 03:22 PM Learn about SEC filing dates

FAQ

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

Saba Capital Management, L.P. reported purchasing 865 common shares of New Germany Fund Inc. The trades were indirect holdings and classified as open-market or private transactions, indicating additional exposure to the fund’s common stock.

On what dates did Saba Capital buy GF shares and at what prices?

Saba Capital bought 157 shares at $11.35 on August 3, 2026 and 708 shares at $11.24 on July 31, 2026. Both were reported as open-market or private purchases of New Germany Fund Inc. common stock.

How many GF shares did Saba Capital purchase in total in this Form 4?

Across the reported transactions, Saba Capital purchased 865 common shares of New Germany Fund Inc. This total comes from 157 shares on August 3, 2026 and 708 shares on July 31, 2026, all classified as indirect ownership.

Were Saba Capital’s recent GF share purchases under a Rule 10b5-1 plan?

The filing indicates the trades were not made under a Rule 10b5-1 plan. The Rule 10b5-1 checkbox is shown as unchecked, so the reported purchases were not designated as pre-arranged trading plan transactions.

Is Saba Capital a significant holder of NEW GERMANY FUND INC (GF)?

Saba Capital Management, L.P. is identified as a ten percent owner of New Germany Fund Inc. In this Form 4, it reports additional indirect purchases of common stock, reinforcing its status as a major shareholder in the fund.

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)
07/31/2026

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	07/31/2026		P		708	A	$11.24	3,670,854	I	-
Common Stock	08/03/2026		P		157	A	$11.35	3,671,011	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	08/04/2026
	Boaz Weinstein	08/04/2026
	** 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)