On March 3, 2025, Saba Capital Management acquired an additional 12,096 shares of New Germany Fund Inc at $9.20 per share, raising its total shares to 1,676,777. This move reflects the firm’s ongoing interest in the asset management sector. New Germany Fund Inc focuses on long-term capital appreciation through middle-market German equities but faces financial challenges, evidenced by a GF Score of 42/100 and negative growth metrics. Despite this, Saba’s increased stake indicates confidence in its potential. The acquisition now constitutes 0.36% of Saba’s portfolio, aligning with its value investing strategy.