The New Germany Fund (GF) 10% Owner L.P. Buys $26K of Stock

Ten-percent owner Saba Capital Management, L.P. purchased 2,462 shares of The New Germany Fund, Inc. (NYSE: GF) on October 21, 2026. According to a Form 4 filed with the U.S. Securities and Exchange Commission, the shares were acquired at a price of $10.44 each for a total value of $25,703.28.

GF The New Germany Fund, Inc.

$10.44 ▼ -7.86% year to date

1M 3M YTD

Daily close · Oct 21, 2026

Inside Saba Capital Management's The New Germany Fund, Inc. Trade

The purchase was executed in the open market and was not part of a pre-arranged Rule 10b5-1 trading plan. Following the transaction, Saba Capital Management, L.P. owned 3,896,172 shares of the fund, marking a 0.06% increase in its overall position.

Other Institutional Activity in The New Germany Fund, Inc.

Other large investors have also adjusted their positions in the fund recently. Saba Capital Management, L.P. grew its holdings by 1,007,688 shares, ending with 3,602,815 shares worth about $37,072,966. Lazard Asset Management LLC grew its holdings by 62,611 shares, ending with 2,398,831 shares worth about $24,683,970. Allspring Global Investments Holdings, LLC cut its stake by 321,742 shares to end with 1,697,984 shares valued at about $17,472,255. 1607 Capital Partners, LLC reduced its position by 254,968 shares, holding 811,397 shares worth about $8,349,275. Bulldog Investors, LLP kept its holding steady, ending with 532,074 shares worth about $5,475,041.

The New Germany Fund, Inc. Stock Up 1.2%

The stock closed at $10.45 on the day of the trade. The shares recently traded around $10.45, sitting above their 52-week low of $9.98.

Recent Earnings

The closed-end fund reported trailing-twelve-month revenue of $3,531,265 alongside negative earnings per share of $0.47.

Dividend

The fund distributes an annual dividend rate of $0.28 per share, giving it a dividend yield of 2.75%.

Insider Buying and Selling at The New Germany Fund, Inc.

Saba Capital Management has been active in the fund recently. Earlier, on October 19, 2026, Saba Capital Management, L.P. bought 15,046 shares at $10.34 per share for $155,575.64. On the same date, L.P. Saba Capital Management bought 30,088 shares valued at $310,659. On October 20, 2026, Saba Capital Management, L.P. picked up 87,623 shares at $10.35 per share for $906,898.05, and L.P. Saba Capital Management acquired another 87,623 shares at $10.35 per share for $906,898.

About The New Germany Fund, Inc.

The New Germany Fund, Inc. is a closed-end equity mutual fund that invests in public equity markets in Germany, focusing primarily on small- and mid-cap companies across various sectors.

Bottom Line

Investors tracking The New Germany Fund, Inc. can monitor further Form 4 filings from major stakeholders and upcoming financial reports to gauge institutional sentiment.