Japan Smaller Capitalization Fund Inc 10% holder Saba Capital Management, L.P. sells $179,334 in JOF shares
16,200 shares sold on the open market on Nov 3, at about $11.07 each.
A Form 4 filed on Nov 4 shows Saba Capital Management, L.P., a holder of more than 10% of Japan Smaller Capitalization Fund Inc, selling 16,200 shares worth about $180,000 on Nov 3, at about $11.07 each.
The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. The trade was reported within two business days, as Section 16 requires.
After the trade, the filing lists 2,808,632 shares held.
Details from the SEC filing:
| Company | Japan Smaller Capitalization Fund Inc (JOF) |
|---|---|
| Insider | Saba Capital Management, L.P. |
| Role | 10% owner |
| Transaction | Open-market sale (code S) |
| Shares | 16,200 |
| Average price | $11.07 |
| Value | $179,334 |
| Trade date | Nov 3, 2026 |
| Filed with the SEC | Nov 4, 2026, 5:43 PM ET |
| Shares held after | 2,808,632 |
| Ownership | Indirect |
| Rule 10b5-1 plan | Not marked in the filing |
View this Form 4 in Insider Stock Trader
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.
