L.P. Saba Capital Management Buys Shares of GF $GF

Editorial illustration for The New Germany Fund, Inc. (GF)

Key Points

  • L.P. Saba Capital Management bought 10,848 shares of The New Germany Fund, Inc. ($GF) worth $125,294.40.
  • $GF last traded around $11.65.

Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.

L.P. Saba Capital Management, insider at The New Germany Fund, Inc. ($GF), bought 10,848 shares at an average price of $11.55, for a total transaction of $125,294.40. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.

The New Germany Fund, Inc. Stock Down 0.9%

Shares of The New Germany Fund, Inc. ($GF) traded around $11.65 on Monday, down 0.9% for the day.

Last price$11.65
Market cap$189.66M
P/E ratio3.39
52-week low$9.98
52-week high$12.49
50-day MA$11.48
200-day MA$11.47
Current ratio0.11
Quick ratio0.11
Debt-to-equity0.09

The New Germany Fund, Inc. Earnings

EPS (ttm)$3.43
Revenue (ttm)$3.53M
Revenue growth-5.40%
Net margin-214.44%
Return on equity-3.58%

The New Germany Fund, Inc. Dividend

Annual dividend$0.28
Dividend yield244%
Payout ratio4.32%
Ex-dividend dateMay 26, 2026

About The New Germany Fund, Inc.

The New Germany Fund Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Germany. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid cap companies. The fund benchmarks the performance of its portfolio against the Midcap Market Performance Index. The New Germany Fund Inc. was formed on January 16, 1990 and is domiciled in Germany.

ExchangeNYSE
SectorFinancial Services
IndustryAsset Management
HeadquartersFrankfurt am Main, Germany
CEOMs. Linda Lonneberg

Get The New Germany Fund, Inc. alerts

New 13F filings, insider trades, and analyst moves on $GF, sent to your inbox. Free, and you can unsubscribe anytime.

This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.