PIMCO Dynamic Income holder sells 19,692 shares

A ten percent owner of PIMCO Dynamic Income Strategy Fund reported an indirect open-market sale of shares and now holds about 6.33 million shares.

Rhea-AI Filing Summary

PIMCO Dynamic Income Strategy Fund (PDX) had a Form 4 filed for Saba Capital Management, L.P., a ten percent owner, reporting an indirect open-market sale of 19,692 shares of common stock on September 16, 2026 at $20.66 per share. After this transaction, Saba Capital Management, L.P. reported 6,331,840 shares held indirectly. No Rule 10b5-1 trading plan is reported for this sale.

Insider Trade Summary

Net Seller: 19,692 shares

Net Sell 1 txn

Insider Saba Capital Management, L.P.

Role 10% Owner

Sold 19,692 shs ($407K)

Type	Security	Shares	Price	Value
Sale	Common Stock	19,692	$20.66	$407K

Holdings After Transaction: Common Stock — 6,331,840 shares (Indirect, -)

Key Figures

Shares sold: 19,692 shares Sale price per share: $20.66 per share Shares held after transaction: 6,331,840 shares +1 more

4 metrics

Shares sold 19,692 shares Indirect sale of PIMCO Dynamic Income Strategy Fund common stock on September 16, 2026

Sale price per share $20.66 per share Price for the 19,692 PIMCO Dynamic Income Strategy Fund shares sold

Shares held after transaction 6,331,840 shares Indirect holdings of Saba Capital Management, L.P. after the reported sale

Net shares sold 19,692 shares Net selling activity reported in this Form 4

Key Terms

indirect, ten percent owner, Rule 10b5-1, open market or private transaction

4 terms

indirect financial

"The transaction is reported with indirect ownership of the shares"

ten percent owner regulatory

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

Rule 10b5-1 regulatory

"No Rule 10b5-1 trading plan is reported for this sale"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

open market or private transaction financial

"The sale is described as an open market or private transaction"

FAQ

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

What insider transaction did PIMCO Dynamic Income Strategy Fund (PDX) report?

The fund reported that Saba Capital Management, L.P., a ten percent owner, sold 19,692 shares of common stock on September 16, 2026 in an open-market or private sale at $20.66 per share, held indirectly.

How many PDX shares does Saba Capital Management, L.P. hold after this transaction?

After the reported sale, Saba Capital Management, L.P. reported indirect ownership of 6,331,840 shares of PIMCO Dynamic Income Strategy Fund common stock.

Was the PDX insider sale made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked, and there are no footnotes indicating that the 19,692-share sale of PIMCO Dynamic Income Strategy Fund stock was made under a Rule 10b5-1 trading plan.

What was the price of the PDX shares sold by Saba Capital Management, L.P.?

The 19,692 shares of PIMCO Dynamic Income Strategy Fund common stock were sold at a price of $20.66 per share on September 16, 2026, according to the Form 4 filing.

Is Saba Capital Management, L.P. a major holder of PDX?

Yes. Saba Capital Management, L.P. is identified as a ten percent owner of PIMCO Dynamic Income Strategy Fund and reported holding 6,331,840 shares indirectly after the transaction.

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

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Available on EDGAR 09/17/2026 - 10:05 AM Accepted by SEC EDGAR 09/17/2026 - 10:05 AM Learn about SEC filing dates

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
PIMCO Dynamic Income Strategy Fund [ PDX ]

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)
09/16/2026

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	09/16/2026		S		19,692	D	$20.66	6,331,840	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	09/17/2026
	Boaz Weinstein	09/17/2026
	** 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)