Saba Capital Management Reports Acquisition of $906,898.05 in New Germany Fund Common Shares

Bitget2026/10/21 19:20

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Saba Capital Management bought 87,623 New Germany Fund common shares at $10.35 per share.
The purchase increased the 10% owner's indirect beneficial holdings to 3,893,710 shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Germany Fund Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001510281-26-000367), on October 21, 2026, and is solely responsible for the information contained therein.

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The Ministry of Economy and Finance of South Korea and the Bank of Korea (BOK) issued a joint statement refuting a local media report. The report had claimed that, in response to significant foreign capital outflows, Seoul was considering purchasing a large amount of U.S. government bonds. Both institutions emphasized that the composition and specific details regarding the management of South Korea's foreign exchange reserve assets are not disclosed to the public.

华尔街见闻•2026/11/05 22:36