PDX 10% Owner Saba Capital Management, L.P. Sells $78K of Stock

Ten-percent owner Saba Capital Management, L.P. sold 3,800 shares of PIMCO Dynamic Income Strategy Fund on October 21, 2026, according to a Form 4 filing with the U.S. Securities and Exchange Commission. The shares were sold at an average price of $20.49, bringing the total transaction value to $77,866.94. The stock closed at $20.30 on the day of the trade.

PDX PIMCO Dynamic Income Strategy Fund

$20.51 ▲ +15.42% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Inside Saba Capital Management's PIMCO Dynamic Income Strategy Fund Trade

Following the sale on October 21, 2026, Saba Capital Management held 6,022,547 shares of PIMCO Dynamic Income Strategy Fund, marking a 0.06% decrease in its overall stake. This latest transaction follows a series of recent moves by the ten-percent owner in October. Earlier, on October 6, 2026, the firm sold 14,061 shares at $20.68 each for a total of $290,781. Additional sales included 218 shares on October 8, 2026, at $20.77 per share, a larger sale of 219,839 shares on October 12, 2026, and 2,101 shares on October 13, 2026, at $20.50 per share.

Other Institutional Activity in PIMCO Dynamic Income Strategy Fund

Other major institutional investors adjusted their positions around the middle of 2026. Saba Capital Management reported holding 6,416,087 shares worth $131,570,841 as of June 30, 2026, with no change in its share count during that reporting period. RiverNorth Capital Management, LLC trimmed its holdings by 37,119 shares, ending the period with 1,101,509 shares valued at about $22,587,983, which was a 3.3% reduction. Herzfeld (Thomas J.) Advisors, Inc cut its stake by 158,301 shares, or 12.6%, leaving it with 1,095,075 shares worth about $22,456,045. Wells Fargo & Company grew its holdings by 93,555 shares, ending with 1,047,230 shares worth about $21,474,916, a 9.8% increase. Cohen & Steers Inc. kept its position steady with 1,021,789 shares worth about $20,953,213.

PIMCO Dynamic Income Strategy Fund Stock Up 1.0%

PIMCO Dynamic Income Strategy Fund recently traded around $20.51 as of October 23, 2026, which is up about 1.0% from its event-day close of $20.30. The stock sits below its 50-day moving average of $21.02 and below its 200-day moving average of $20.90. Shares have traded in a 52-week range between $18.47 and $22.59, placing the recent price about 9.2% below the 52-week high and 11.0% above the 52-week low. The fund has a market capitalization of roughly $898.16 million and a price-to-earnings ratio of 21.14737.

Recent Earnings

PIMCO Dynamic Income Strategy Fund reported trailing-twelve-month earnings per share of $0.95.

Dividend

PIMCO Dynamic Income Strategy Fund pays an annual dividend rate of $1.84 per share, giving it a dividend yield of 9.14%. The dividend payout ratio stands at 168.6%.

About PIMCO Dynamic Income Strategy Fund

PIMCO Dynamic Income Strategy Fund is a closed-end management investment company that focuses on pursuing current income and capital appreciation through investments in a diversified portfolio of debt and income-producing securities. Managed by Pacific Investment Management Company LLC, the fund allocates capital across various fixed-income sectors to navigate changing market environments. Insider transactions by large stakeholders like Saba Capital Management are common occurrences for closed-end funds as major investors adjust their portfolio weightings and arbitrage discount-to-NAV levels.

Bottom Line

Investors tracking PIMCO Dynamic Income Strategy Fund will continue to monitor future SEC filings from Saba Capital Management to see if the ten-percent owner keeps trimming its position. No upcoming earnings date has been officially scheduled yet.