Sep. 30 at 5:49 PM
$ASA NYSE: ASA - ASA Gold and Precious Metals Ltd. Saba Capital Management, a major shareholder, increased its stake through multiple purchases in August 2025. Key transactions include 6,710 shares at
$35.05 on August 21 and 4,632 shares at
$35.97 on August 22. Total holdings reached 4,077,634 shares. This accumulation aligns with Saba's activist efforts, including board changes and governance disputes, aiming to address the fund's discount to NAV. Amid a bullish precious metals outlook, Saba's activity signals conviction in ASA's value.