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Saba Capital sold PIMCO Dynamic Income (NYSE:PDX) shares worth $1.16m
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Saba Capital sold PIMCO Dynamic Income (NYSE:PDX) shares worth $1.16m

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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.

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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Dystopian AI report sinks payment and software stocks Gold prices rise on Trump tariff jitters; Russia sold gold holding in January These 2 chip stocks are new Top Picks at Citi Dow slides 700 points on Trump tariff turmoil, Nasdaq falls on AI research report (South Africa Philippines Nigeria) Saba Capital sold PIMCO Dynamic Income (NYSE:PDX) shares worth $1.16m By Investing.com Insider Trading Published 02/23/2026, 12:37 PM Saba Capital sold PIMCO Dynamic Income (NYSE:PDX) shares worth $1.16m 0 PDX -0.98% Saba Capital Management, L.P., a ten-percent owner of PIMCO Dynamic Income Strategy Fund (NYSE:PDX), has sold 56,991 shares of common stock for approximately $1.16 million, according to a Form 4 filing with the Securities and Exchange Commission. The sales occurred in two separate transactions. On February 19, 2026, Saba Capital sold 28,531 shares at a price of $20.37 per share. The following day, February 20, 2026, the firm sold an additional 28,460 shares at $20.34 per share. The fund currently trades at $20.20 with a market capitalization of $912 million. PDX offers an impressive dividend yield of 22.41%, aligning with an InvestingPro Tip highlighting that the fund "pays a significant dividend to shareholders." The platform rates PDX’s overall financial health as "EXCELLENT," with three additional ProTips available to subscribers. Following these transactions, Saba Capital Management, L.P. still indirectly owns 6,500,174 shares of PIMCO Dynamic Income Strategy Fund. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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