The New Germany Fund (GF) 10% Owner L.P. Buys $38K of Stock
Saba Capital Management adds to its holdings in The New Germany Fund, continuing a recent buying trend.
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Saba Capital Management, L.P., 10% Owner at The New Germany Fund, Inc. ($GF), bought 3,678 shares at an average price of $10.27, worth about $37,773.06, on October 13, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $GF is up 0.7% to date (from the $10.26 close on Oct 13, 2026).
GF
The New Germany Fund, Inc.
Key Points
- On October 13, 2026, Saba Capital Management bought 3,678 shares of The New Germany Fund at $10.27 each, totaling about $37,773.
- This purchase follows earlier buys, including 12,185 shares on September 18 and 1,258 shares on September 17, showing Saba's growing confidence in the fund.
- The New Germany Fund primarily invests in small and mid-cap companies in Germany's public equity markets, and has a recent trading price of $10.22.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated The New Germany Fund, Inc. alert may contain errors. Disclosures
Saba Capital Management, L.P. bought 3,678 shares of The New Germany Fund, Inc. (GF) on October 13, 2026. The shares were purchased at $10.27 each, bringing the total value of this transaction to about $37,773. This purchase continues Saba's pattern of increasing its stake in the fund.
Inside Saba Capital Management's Trade
Saba Capital Management, which holds a 10% ownership in The New Germany Fund, now owns a total of 3,678 shares following this latest buy. This purchase reflects Saba's ongoing investment strategy with the fund, which has seen multiple transactions in recent weeks.
Other Institutional Activity in The New Germany Fund
Saba Capital Management isn't the only institutional player in The New Germany Fund. The firm holds 3,602,815 shares valued at approximately $37,217,078 after increasing its stake by 1,007,688 shares, a 38.8% rise, as of June 30, 2026. Lazard Asset Management LLC also holds a significant position with 2,398,831 shares worth about $24,779,924, having added 62,611 shares, a 2.7% increase. Meanwhile, Allspring Global Investments Holdings, LLC reduced its holdings by 321,742 shares, leaving it with 1,697,984 shares valued at around $17,540,174.
The New Germany Fund, Inc. Stock Down 0.3%
As of October 16, 2026, The New Germany Fund traded recently around $10.22. This price is close to the purchase price of Saba's recent buy, indicating that it is trading near its recent levels. The fund has faced challenges, reflected in its negative revenue growth of 5.4% year-over-year and a net margin of -214.4%.
Recent Earnings
In its most recent financials, The New Germany Fund reported trailing twelve-month revenue totaling approximately $3,531,265, and it has a negative EPS of -0.47. This data shows the fund's struggles in profitability, which could influence future investor decisions.
Insider Buying and Selling at The New Germany Fund, Inc.
Saba Capital Management has been active in the market lately. On October 13, 2026, it purchased 3,678 shares at $10.27 each, totaling about $37,773. Earlier, it bought 12,185 shares on September 18 for $10.82 each, valued at $153,481.7, and 1,258 shares on September 17 for $11.10 each, worth about $13,963.8. These transactions highlight Saba's increasing commitment to the fund.
About The New Germany Fund
The New Germany Fund, Inc. is an equity mutual fund that focuses on investments in the German public equity markets. Managed by Deutsche Asset Management, it primarily invests in small and mid-cap companies across various sectors. This strategy aims to capture growth in a market that offers diverse opportunities.
Bottom Line
Investors will want to keep an eye on future filings and any changes in Saba Capital Management's strategy as they continue to build their position.
Related Filing Alerts
Source: Saba Capital Management, L.P.'s Form 4 filing on $GF (Oct 13, 2026). Find the original filing: GF Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts