신독일펀드(New Germany Fund, Inc.)
US ˙ NYSE ˙ US6444651060

SecurityGF / The New Germany Fund, Inc.
InsiderSaba Capital Management, L.P.
This page shows the track record and history of Saba Capital Management, L.P. insider trades in The New Germany Fund, Inc.. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. It is illegal for insiders to make trades in their companies based on material, non-public information ("MNPI"). This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4.
Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Saba Capital Management, L.P. in GF / The New Germany Fund, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2026-06-03 100 11.9400 100 11.9400 1,194 1 12.0800 14 1.17
2026-06-02 55,038 12.0000 55,038 12.0000 660,456
2026-06-01 100 12.0500 100 12.0500 1,205
2026-05-29 5,295 12.2000 5,295 12.2000 64,599
2026-05-28 1,047 12.0900 1,047 12.0900 12,658
2026-05-27 241,593 11.9300 241,593 11.9300 2,882,204
2026-05-26 2,900 11.8200 2,900 11.8200 34,278
2026-05-21 3,900 11.8300 3,900 11.8300 46,137
2026-05-20 500 11.7700 500 11.7700 5,885
2026-05-19 1,599 11.6900 1,599 11.6900 18,692
2026-05-18 22,308 11.8500 22,308 11.8500 264,350
2026-05-14 14,082 11.9400 14,082 11.9400 168,139
2026-05-13 7,758 11.7500 7,758 11.7500 91,156
2026-05-12 7,237 11.7600 7,237 11.7600 85,107
2026-05-07 16,709 12.0000 16,709 12.0000 200,508
2026-05-05 4,812 11.7300 4,812 11.7300 56,445
2026-04-17 19,669 12.2500 19,669 12.2500 240,945
2026-04-10 20,407 11.2300 20,407 11.2300 229,171
2026-04-09 179,497 11.2000 179,497 11.2000 2,010,366
2026-04-08 22,744 11.4100 22,744 11.4100 259,509
2026-04-06 140,564 10.6300 140,564 10.6300 1,494,195
2026-04-02 15,908 10.4900 15,908 10.4900 166,875
2026-04-01 57,955 10.5400 57,955 10.5400 610,846
2026-03-31 5,888 10.2900 5,888 10.2900 60,588
2026-03-26 3,158 10.2100 3,158 10.2100 32,243
2026-03-23 27,269 10.5500 27,269 10.5500 287,688
2026-03-20 4,087 10.1900 4,087 10.1900 41,647
2026-03-18 15,597 10.8400 15,597 10.8400 169,071
2026-03-12 224 10.8000 224 10.8000 2,419
2026-03-10 8,120 11.1100 8,120 11.1100 90,213
2026-03-09 2,511 10.6400 2,511 10.6400 26,717
2026-02-23 15,920 12.1900 15,920 12.1900 194,065
2026-02-19 17,044 12.2000 17,044 12.2000 207,937
2026-02-18 19,374 12.2500 19,374 12.2500 237,332
2026-02-17 111,243 11.9400 111,243 11.9400 1,328,241
2026-02-12 1,940 12.0200 1,940 12.0200 23,319
2026-02-09 15,646 12.2400 15,646 12.2400 191,507
2026-02-06 13,754 12.2200 13,754 12.2200 168,074
2026-02-05 5,409 11.8300 5,409 11.8300 63,988
2026-02-04 12,802 12.2800 12,802 12.2800 157,209
2026-02-02 58,289 12.1900 58,289 12.1900 710,543
2026-01-30 4,749 11.9900 4,749 11.9900 56,941
2026-01-12 905 12.0800 905 12.0800 10,932
2026-01-08 22,290 12.0700 22,290 12.0700 269,040
2026-01-07 2,752 11.9600 2,752 11.9600 32,914
2026-01-05 17,034 11.6300 17,034 11.6300 198,105
2026-01-02 580 11.4500 580 11.4500 6,641
2025-12-31 200 11.4000 200 11.4000 2,280
2025-12-30 6,387 11.3800 6,387 11.3800 72,684
2025-12-29 8,827 11.4500 8,827 11.4500 101,069
2025-12-26 800 11.3700 800 11.3700 9,096
2025-12-23 14,888 11.3800 14,888 11.3800 169,425
2025-12-22 12,966 11.2900 12,966 11.2900 146,386
2025-12-19 15,973 11.3800 15,973 11.3800 181,773
2025-12-17 4,399 11.2500 4,399 11.2500 49,489
2025-12-16 9,643 11.3500 9,643 11.3500 109,448
2025-12-15 14,355 11.2800 14,355 11.2800 161,924
2025-12-12 14,268 11.2500 14,268 11.2500 160,515
2025-12-05 3,070 11.0400 3,070 11.0400 33,893
2025-12-04 24,412 10.9200 24,412 10.9200 266,579
2025-12-03 4,544 10.8800 4,544 10.8800 49,439
2025-11-20 11,372 10.5000 11,372 10.5000 119,406
2025-11-17 17,717 10.6400 17,717 10.6400 188,509
2025-11-10 68,788 10.5600 68,788 10.5600 726,401
2025-10-30 11,113 11.4100 11,113 11.4100 126,799
2025-10-29 1,657 11.1200 1,657 11.1200 18,426
2025-10-28 5,431 11.4000 5,431 11.4000 61,913
2025-10-27 5,633 11.2400 5,633 11.2400 63,315
2025-08-25 5,927 11.6700 5,927 11.6700 69,168
2025-07-18 9,796 12.0100 9,796 12.0100 117,650
2025-05-28 4,806 11.3400 4,806 11.3400 54,500
2025-05-20 46,117 11.0500 46,117 11.0500 509,593
2025-05-19 10,300 10.9200 10,300 10.9200 112,476
2025-05-16 8,900 10.8700 8,900 10.8700 96,743
2025-05-15 26,057 10.8800 26,057 10.8800 283,500
2025-05-12 15,824 10.8700 15,824 10.8700 172,007
2025-05-08 200 10.8800 200 10.8800 2,176
2025-05-05 65,585 10.8100 65,585 10.8100 708,974
2025-05-02 1,072 10.6600 1,072 10.6600 11,428
2025-04-30 2,582 10.4600 2,582 10.4600 27,008
2025-04-29 6,926 10.4100 6,926 10.4100 72,100
2025-04-25 15,789 10.3500 15,789 10.3500 163,416
2025-04-24 2,123 10.2100 2,123 10.2100 21,676
2025-04-23 100 10.2000 100 10.2000 1,020
2025-04-22 9,949 10.0900 9,949 10.0900 100,385
2025-03-06 4,925 9.9500 4,925 9.9500 49,004
2025-03-04 24,957 9.2900 24,957 9.2900 231,851
2025-03-03 12,096 9.2000 12,096 9.2000 111,283
2025-02-28 300 8.9800 300 8.9800 2,694

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

GF / The New Germany Fund, Inc. Insider Trades
Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made by Saba Capital Management, L.P. in GF / The New Germany Fund, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2026-01-13 2,000 12.1200 2,000 12.1200 24,240 76 10.0200 -4,200 -17.33

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

GF / The New Germany Fund, Inc. Insider Trades
Insider Transaction History
File
Date		 Trade
Date		 Form Insider Ticker Security Title Code 10b5-1 Direct Exercise
Price		 Unit
Price		 Units
Changed		 Value
Changed (1K)		 Remaining
Options		 Remaining
Shares
2026-06-04 2026-06-03 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.9400 100 1 3,436,862
2026-06-03 2026-06-02 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.0000 55,038 660 3,436,762
2026-06-03 2026-06-01 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.0500 100 1 3,381,724
2026-06-01 2026-05-29 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.2000 5,295 65 3,381,624
2026-06-01 2026-05-28 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.0900 1,047 13 3,376,329
2026-05-28 2026-05-27 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.9300 241,593 2,882 3,375,282
2026-05-28 2026-05-26 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.8200 2,900 34 3,133,689
2026-05-26 2026-05-21 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.8300 3,900 46 3,130,789
2026-05-21 2026-05-20 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.7700 500 6 3,126,889
2026-05-21 2026-05-19 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.6900 1,599 19 3,126,389
2026-05-19 2026-05-18 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.8500 22,308 264 3,124,790
2026-05-18 2026-05-14 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.9400 14,082 168 3,102,482
2026-05-14 2026-05-13 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.7500 7,758 91 3,088,400
2026-05-14 2026-05-12 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.7600 7,237 85 3,080,642
2026-05-11 2026-05-07 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.0000 16,709 201 3,073,405
2026-05-07 2026-05-05 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.7300 4,812 56 3,056,696
2026-04-20 2026-04-17 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.2500 19,669 241 3,051,884
2026-04-13 2026-04-10 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.2300 20,407 229 3,032,215
2026-04-13 2026-04-09 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.2000 179,497 2,010 3,011,808
2026-04-09 2026-04-08 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.4100 22,744 260 2,832,311
2026-04-07 2026-04-06 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.6300 140,564 1,494 2,809,567
2026-04-03 2026-04-02 4 Saba Capital Management, L.P. _ GF New Germany Fund (GF) P - Purchase I 10.4900 15,908 167 2,669,003
2026-04-03 2026-04-01 4 Saba Capital Management, L.P. _ GF New Germany Fund (GF) P - Purchase I 10.5400 57,955 611 2,653,095
2026-04-01 2026-03-31 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.2900 5,888 61 2,595,140
2026-03-30 2026-03-26 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.2100 3,158 32 2,589,252
2026-03-24 2026-03-23 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.5500 27,269 288 2,586,094
2026-03-23 2026-03-20 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.1900 4,087 42 2,558,825
2026-03-20 2026-03-18 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.8400 15,597 169 2,554,738
2026-03-13 2026-03-12 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.8000 224 2 2,539,141
2026-03-11 2026-03-10 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.1100 8,120 90 2,538,917
2026-03-11 2026-03-09 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.6400 2,511 27 2,530,797
2026-02-24 2026-02-23 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.1900 15,920 194 2,528,286
2026-02-23 2026-02-19 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.2000 17,044 208 2,512,366
2026-02-19 2026-02-18 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.2500 19,374 237 2,495,322
2026-02-19 2026-02-17 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.9400 111,243 1,328 2,475,948
2026-02-17 2026-02-12 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.0200 1,940 23 2,364,705
2026-02-11 2026-02-09 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.2400 15,646 192 2,362,765
2026-02-09 2026-02-06 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.2200 13,754 168 2,347,119
2026-02-09 2026-02-05 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.8300 5,409 64 2,333,365
2026-02-05 2026-02-04 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.2800 12,802 157 2,327,956
2026-02-03 2026-02-02 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.1900 58,289 711 2,315,154
2026-02-02 2026-01-30 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.9900 4,749 57 2,256,865
2026-01-14 2026-01-13 4 Saba Capital Management, L.P. - GF Common Stock S - Sale I 12.1200 -2,000 -24 2,252,116
2026-01-13 2026-01-12 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.0800 905 11 2,254,116
2026-01-12 2026-01-08 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.0700 22,290 269 2,253,211
2026-01-08 2026-01-07 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.9600 2,752 33 2,230,921
2026-01-06 2026-01-05 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.6300 17,034 198 2,228,169
2026-01-05 2026-01-02 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.4500 580 7 2,211,135
2026-01-02 2025-12-31 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.4000 200 2 2,210,555
2026-01-02 2025-12-30 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.3800 6,387 73 2,210,355
2025-12-30 2025-12-29 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.4500 8,827 101 2,203,968
2025-12-30 2025-12-26 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.3700 800 9 2,195,141
2025-12-29 2025-12-23 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.3800 14,888 169 2,194,341
2025-12-29 2025-12-22 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.2900 12,966 146 2,179,453
2025-12-22 2025-12-19 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.3800 15,973 182 2,166,487
2025-12-18 2025-12-17 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.2500 4,399 49 2,150,514
2025-12-18 2025-12-16 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.3500 9,643 109 2,146,115
2025-12-16 2025-12-15 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.2800 14,355 162 2,136,472
2025-12-15 2025-12-12 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.2500 14,268 161 2,122,117
2025-12-08 2025-12-05 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.0400 3,070 34 2,107,849
2025-12-08 2025-12-04 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.9200 24,412 267 2,104,779
2025-12-04 2025-12-03 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.8800 4,544 49 2,080,367
2025-11-24 2025-11-20 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.5000 11,372 119 2,075,823
2025-11-18 2025-11-17 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.6400 17,717 189 2,064,451
2025-11-12 2025-11-10 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.5600 68,788 726 2,046,734
2025-11-03 2025-10-30 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.4100 11,113 127 1,977,946
2025-10-30 2025-10-29 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.1200 1,657 18 1,966,833
2025-10-30 2025-10-28 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.4000 5,431 62 1,965,176
2025-10-28 2025-10-27 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.2400 5,633 63 1,959,745
2025-08-26 2025-08-25 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.6700 5,927 69 1,954,112
2025-07-21 2025-07-18 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 12.0100 9,796 118 1,948,185
2025-05-29 2025-05-28 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.3400 4,806 55 1,938,389
2025-05-22 2025-05-20 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 11.0500 46,117 510 1,933,583
2025-05-20 2025-05-19 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.9200 10,300 112 1,872,066
2025-05-19 2025-05-16 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.8700 8,900 97 1,861,766
2025-05-19 2025-05-15 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.8800 26,057 284 1,852,866
2025-05-13 2025-05-12 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.8700 15,824 172 1,826,809
2025-05-12 2025-05-08 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.8800 200 2 1,810,985
2025-05-06 2025-05-05 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.8100 65,585 709 1,810,785
2025-05-05 2025-05-02 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.6600 1,072 11 1,745,200
2025-05-01 2025-04-30 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.4600 2,582 27 1,744,128
2025-05-01 2025-04-29 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.4100 6,926 72 1,741,546
2025-04-28 2025-04-25 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.3500 15,789 163 1,734,620
2025-04-28 2025-04-24 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.2100 2,123 22 1,718,831
2025-04-24 2025-04-23 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.2000 100 1 1,716,708
2025-04-24 2025-04-22 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 10.0900 9,949 100 1,716,608
2025-03-10 2025-03-06 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 9.9500 4,925 49 1,706,659
2025-03-06 2025-03-04 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 9.2900 24,957 232 1,701,734
2025-03-04 2025-03-03 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 9.2000 12,096 111 1,676,777
2025-03-03 3 Saba Capital Management, L.P. - GF Common Stock I 1,664,381
2025-03-03 2025-02-28 4 Saba Capital Management, L.P. - GF Common Stock P - Purchase I 8.9800 300 3 1,664,681
P
공개 시장에서 또는 사적으로 비파생증권 또는 파생증권 매입
S
공개 시장에서 또는 사적으로 비파생증권 또는 파생증권 매각
A
자사로부터 유가증권(옵션 등)을 보조, 지급 또는 기타 취득
C
파생상품 전환
D
자사에게 유가증권을 매각 또는 양도
F
기업으로부터 인도 받은 유가증권의 일부를 사용한 행사 가격 또는 조세 채무의 지급
G
내부자에 의한 또는 내부자에게 증권 증여
K
지분스왑 및 유사 위험 회피거래
M
자사로부터 인도 받은 파생증권(옵션 등)의 행사 또는 전환
V
보고서 양식 4에 자진 신고된 거래
J
기타 (거래 내용을 설명하는 각주와 동반)