Saba Capital Files Form 4, Signals Ownership Change
| Field | Detail |
|---|---|
| Company | Saba Capital Management, L.P. |
| Form Type | 4 |
| Filed Date | Mar 23, 2026 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-activity, ownership-change, institutional-investor
TL;DR
**Saba Capital just filed a Form 4, watch for details on their latest stock move.**
AI Summary
This Form 4 filing from Saba Capital Management, L.P. on March 23, 2026, indicates a change in beneficial ownership of securities. While the filing itself doesn't detail the specific transaction (buy or sell), it signals that Saba Capital, a significant institutional investor, has altered its holdings. For investors, this matters because large institutional moves can sometimes signal a shift in sentiment or strategy regarding the underlying company's stock, potentially influencing its future price.
Why It Matters
Changes in beneficial ownership by large funds like Saba Capital can indicate their updated view on a company's prospects, potentially influencing other investors.
Risk Assessment
Risk Level: low — This filing is purely administrative, reporting a change, and doesn't inherently carry direct investment risk without knowing the transaction details.
Analyst Insight
An investor should look for the specific details of the transaction (buy or sell, number of shares, price) within the full filing to understand Saba Capital's actual move and its potential implications for the stock.
Key Players & Entities
- Saba Capital Management, L.P. (company) — the reporting entity
FAQ
What is the purpose of this Form 4 filing by Saba Capital Management, L.P.?
This Form 4, filed on March 23, 2026, serves as a 'Statement of changes in beneficial ownership of securities,' indicating that Saba Capital Management, L.P. has had a transaction that altered its ownership stake in a company.
When was this Form 4 filing accepted by the SEC?
The Form 4 filing by Saba Capital Management, L.P. was accepted by the SEC on March 23, 2026, at 17:39:31.
Filing Stats: 592 words · 2 min read · ~2 pages · Grade level 8.2 · Accepted 2026-03-23 17:39:31
Filing Documents
- primary_doc.html (4)
- primary_doc.xml (4) — 3KB
- 0001510281-26-000124.txt ( ) — 5KB
From the Filing
SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Saba Capital Management, L.P. (Last) (First) (Middle) 405 LEXINGTON AVENUE 58TH FLOOR (Street) NEW YORK NEW YORK 10174 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Virtus Dividend, Interest & Premium Strategy Fund [ NFJ ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below) 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/19/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/19/2026 P 28,190 A $ 12.41 9,897,659 I - Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: Saba Capital Management, L.P. By: Zachary Gindes 03/23/2026 Boaz Weinstein 03/23/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)