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Saba Capital Management, L.P. sells PIMCO Dynamic Income shares
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Saba Capital Management, L.P. sells PIMCO Dynamic Income shares

#Saba Capital Management #PIMCO Dynamic Income #NYSE:PDX #SEC Form 4 #Dividend Yield #Insider Trading #Stock Sale

📌 Key Takeaways

  • Saba Capital sold 3,700 shares of PIMCO Dynamic Income Fund for $74,407
  • The transaction was reported in an SEC Form 4 filing on March 2, 2026
  • The fund trades at $20.48 with a 22.32% dividend yield
  • Saba Capital still owns over 6.4 million shares after the sale

📖 Full Retelling

Saba Capital Management, L.P., a ten percent owner of PIMCO Dynamic Income Strategy Fund (NYSE:PDX), sold 3,700 shares of common stock on February 26, 2026, at $20.11 per share totaling $74,407, as reported in a Form 4 filing with the Securities and Exchange Commission on March 2, 2026. The fund currently trades at $20.48 and offers an attractive 22.32% dividend yield, making it notable among income-focused investments. Following the transaction, Saba Capital Management, L.P. directly owns 6,444,835 shares of PIMCO Dynamic Income Strategy Fund, maintaining its significant position in the income-focused investment vehicle. The sale comes amid broader market volatility and increased investor interest in high-yield fixed-income instruments as economic uncertainty persists.

🏷️ Themes

Investment, Securities Trading, Financial Markets

📚 Related People & Topics

Insider trading

Insider trading

Trading using nonpublic information

# Insider Trading **Insider trading** is the trading of a public company's stock or other securities (such as bonds or stock options) based on **material, nonpublic information** about the company. While the practice is common, its legality is subject to complex regulations that vary significantly ...

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Saba Capital Management

Hedge fund established in 2009

Saba Capital Management, L.P. (Saba) is a credit relative value focused hedge fund firm established in 2009. It also has strategies in tail hedge, closed-end funds and SPACs.

View Profile → Wikipedia ↗

Entity Intersection Graph

Connections for Insider trading:

🌐 SEC filing 17 shared
🌐 Restricted stock 4 shared
👤 New York Stock Exchange 3 shared
🌐 EVP 3 shared
🌐 Vice president 3 shared
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Mentioned Entities

Insider trading

Insider trading

Trading using nonpublic information

Saba Capital Management

Hedge fund established in 2009
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Original Source
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