Saba Capital sells $406,836 in PIMCO dynamic income strategy fund
Saba Capital Management, L.P., a 10% shareholder of PIMCO Dynamic Income Strategy Fund (PDX), recently sold $406,836 worth of the fund's common stock. The transaction involved the sale of 19,692 shares, which took place on September 16, 2026, at a price of $20.66 per share. As a result of this sale, Saba Capital Management, L.P. now owns 6,331,840 shares of PDX common stock, with the remaining beneficial ownership held indirectly.
The fund, boasting a market cap of $901 million, is currently trading at $20.16 and offers an attractive dividend yield of 9.11%.
InvestingPro Tips highlight that PDX is a dividend-paying stock, providing shareholders with a steady income stream. The fund has demonstrated impressive performance, with a 16.5% return over the past year and a solid 15.4% return year-to-date.
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