Insider Trading News

Saba Capital Management sells $77,867 of PIMCO Dynamic Income shares

By Investing.com1 min readInvesting.com
Saba Capital Management sells $77,867 of PIMCO Dynamic Income sharesSaba Capital Management sells $77,867 of PIMCO Dynamic Income shares

Saba Capital Management sells $77,867 of PIMCO Dynamic Income shares

Saba Capital Management, L.P., a 10% owner and director of PIMCO Dynamic Income Strategy Fund (NASDAQ:PDX), recently sold common stock totaling $77,867. The transactions occurred on October 21, 2026.

The investment manager disposed of a total of 3,800 shares across two separate transactions. The shares were sold at prices ranging from $20.47 to $20.50 per share, close to the current stock price of $20.37. Following these sales, Saba Capital Management, L.P. beneficially owns 6,022,547 shares of PIMCO Dynamic Income Strategy Fund. The fund has delivered a 13.5% return over the past year and pays a significant dividend to shareholders with a yield of 9.14%, according to InvestingPro data, which tracks over 1,400 additional metrics and exclusive tips for subscribers.

These securities are held indirectly by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager. Mr. Boaz R. Weinstein is the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P.