Saba Capital Management, L.P. filed a Form 4 on October 29, 2026, disclosing a purchase of common stock in Japan Smaller Capitalization Fund Inc on October 28, 2026.

Key Highlights

  • Purchase transaction: Saba Capital Management, L.P. acquired 15,967 shares of common stock on October 28, 2026.
  • Price paid: Shares were acquired at $11.38 each, according to the filing.
  • Total beneficial ownership: Following the transaction, Saba Capital Management reported indirect beneficial ownership of 2,758,343 shares.
  • Ownership role: The filing identifies Saba Capital Management as a 10% owner of the issuer.
  • Indirect ownership: The securities are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager.
  • General partner: Boaz R. Weinstein serves as managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P., as noted in the filing.

Saba Capital Management's October 2026 Purchase in Japan Smaller Capitalization Fund

According to the Form 4 filed with the SEC on October 29, 2026, Saba Capital Management, L.P. reported a purchase of 15,967 shares of common stock in Japan Smaller Capitalization Fund Inc (NYSE:JOF) on October 28, 2026, at a price of $11.38 per share. The transaction is coded "P," indicating an open-market purchase.

The filing reports that following this transaction, Saba Capital Management holds indirect beneficial ownership of 2,758,343 shares of JOF common stock. The filing explains that "the securities reported herein are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager." Saba Capital Management is identified in the filing as a 10% owner of the issuer.

The filing further notes that Boaz R. Weinstein serves as the managing member of Saba Capital Management GP, LLC, which is the general partner of Saba Capital Management, L.P. The form was signed by Maria Piccolino on behalf of Saba Capital Management, L.P., and by Boaz Weinstein, both on October 29, 2026. No derivative securities transactions were reported in this filing.

What Was Disclosed

Saba Capital Management, L.P., a 10% owner of Japan Smaller Capitalization Fund Inc, disclosed the purchase of 15,967 shares of common stock at $11.38 per share on October 28, 2026, bringing its total indirect beneficial ownership to 2,758,343 shares.