PDX 10% Owner Saba Capital Management, L.P. Sells $3M of Stock

Saba Capital Management, L.P. sold 219,839 shares of PIMCO Dynamic Income Strategy Fund (PDX) on October 12, 2026. The shares were sold at an average price of $20.63, bringing the total value of the transaction to about $4.5 million.

Inside Saba Capital Management's Trade

This sale adds to a series of recent transactions by Saba Capital Management. Earlier in October, the firm sold smaller amounts of shares, including 11,572 shares on October 5 and 14,061 shares on October 6. The recent trades indicate ongoing adjustments in their portfolio.

Other Institutional Activity in PIMCO Dynamic Income Strategy Fund

Other institutional investors have also been active in PIMCO Dynamic Income Strategy Fund. RiverNorth Capital Management, LLC reduced its stake by 37,119 shares, leaving it with 1,101,509 shares valued at about $22.1 million. Herzfeld Advisors cut its holdings by 158,301 shares, now holding 1,095,075 shares worth approximately $21.9 million. On the other hand, Wells Fargo & Company increased its position by 93,555 shares, totaling 1,047,230 shares valued at about $20.9 million. Cohen & Steers Inc. maintained its stake at 1,021,789 shares worth around $20.5 million.

PIMCO Dynamic Income Strategy Fund Stock Down 0.1%

The stock of PIMCO Dynamic Income Strategy Fund recently traded around $20.15, which is below its 50-day moving average of $21.16 and about 10.8% lower than its 52-week high of $22.59. The fund has a market capitalization of approximately $895 million and a P/E ratio of 21.1, indicating how investors value the company's earnings relative to its share price.

Recent Earnings

PIMCO Dynamic Income Strategy Fund reported trailing twelve-month earnings per share (EPS) of $0.95. The fund continues to manage its portfolio amid fluctuating market conditions. The next earnings report is expected on November 30, 2026.

Insider Buying and Selling at PIMCO Dynamic Income Strategy Fund

Saba Capital Management has been active in the market, with several trades leading up to the recent sale. On October 5, they sold 11,572 shares at $20.67, totaling about $239,193. The following day, they sold 14,061 shares at $20.68 for roughly $290,781. On October 8, they sold 218 shares at $20.77, valued at around $4,528. This pattern shows a strategic approach to managing their holdings in the fund.

About PIMCO Dynamic Income Strategy Fund

PIMCO Dynamic Income Strategy Fund focuses on providing income through a diversified portfolio of fixed income securities. The fund aims to manage risk while seeking attractive returns, making it a notable player in the asset management industry. Saba Capital Management's recent trades reflect its active management strategy within this fund.

Bottom Line

Investors should watch for the upcoming earnings date on November 30, 2026, for insights into the fund's performance. Keep an eye on Saba Capital Management's continued trading activity, as it may signal shifts in their investment strategy.