Saba Capital Management, L.P. bought $1.6M of The New Germany Fund (GF)
Executed Feb 17, disclosed Feb 19, 2 days later.
Over the 21 trading sessions from the disclosed entry session (Feb 19), the stock returned -13.8% (delay-adjusted); from the execution session (Feb 17), -9.4%. Derived: entry at the session's open, exit at the close 20 sessions later.
Saba Capital Management, L.P. (10% owner) filed 334 Form 4 reports as a reporting entity in the trailing twelve months (142 purchases, 192 sales, 5 filed past the two-business-day deadline), most often in BlackRock ESG Capital Allocation Term Trust (ECAT). Across 140 priced purchase filings, the average 21-session return was +5.2% from execution and +5.2% from disclosure (delay-adjusted; derived). The largest single filing was $9.4M of ASA (134,093 sh across 2 lots, as filed), executed Feb 12.
Financial Services · The New Germany Fund Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The fund is managed…
More Financial Services filings→ Insider filings, newest first→ View the original filing at www.sec.gov→14,185 sh × $10.82
Exec Sep 18
Filed Sep 21 · 9:50 AM ET GFPURCHASE The New Germany Fund, Inc. $259K
22,681 sh × $11.41
Exec Jul 20
Filed Jul 21 · 5:13 PM ET GFPURCHASE The New Germany Fund, Inc. $430K
37,087 sh × $11.60
Exec Jul 2
Filed Jul 7 · 1:36 PM ET GFPURCHASE The New Germany Fund, Inc. $120K
10,176 sh × $11.81
Exec Jun 17
Filed Jun 22 · 11:46 AM ET GFPURCHASE The New Germany Fund, Inc. $964K
82,595 sh across 2 lots
Exec Jun 15
Filed Jun 17 · 1:54 PM ET GFPURCHASE The New Germany Fund, Inc. $125K
10,848 sh × $11.55
Exec Jun 12
Filed Jun 15 · 4:56 PM ET GFPURCHASE The New Germany Fund, Inc. $734K
61,137 sh × $12.00
Exec Jun 4
Filed Jun 8 · 11:57 AM ET GFPURCHASE The New Germany Fund, Inc. $660K
55,038 sh × $12.00
Exec Jun 2
Filed Jun 3 · 5:17 PM ET