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SCHEDULE 13D/A Filed 2026-05-14 Event 2026-05-13 SEC 0001062993-26-002646 →

Saba Capital Management, L.P. ASA Gold and Precious Metals Limited ASA

Stake: 31.91% Shares: 5,903,701 CUSIP: G3156P103 Class: Common Shares, $1 par value

Item 4 — Purpose of Transaction

On May 13, 2026, in response to the process being conducted by the Special Committee of the Board with the assistance of Cantor Fitzgerald & Co., Saba Capital submitted a non-binding proposal to the Board indicating its interest in a potential transaction involving the Issuer. Saba Capital's proposal outlined terms for a transaction that were materially consistent with the proposal Saba Capital previously submitted to the Board on February 19, 2026, which was filed as an exhibit to Saba Capital's Schedule 13D/A on February 19, 2026. The May 13, 2026 proposal also included a proposed management fee and incentive fee structure to be charged to the Issuer for Saba Capital's management, which fee structure is generally in line with the fee structures to which various U.S.-listed BDCs are subject. The proposal includes significant fee waivers during an initial period under new management following the commencement of Saba Capital's management. Saba Capital intends to continue to engage with the Special Committee and its advisors regarding a potential transaction.

Cross-References

Insider Activity (last 365d)
0 transactions
0 buys · 0 sales · 0 awards/exercises
Issuer Cluster
7 13D/G filings on this issuer
6 other filings besides this one
Filer Track Record
200 filings by this filer
199 other filings in the data moat
Short Interest · settle 2026-07-31
DTC 1.00
7,369 shares short · +21.5% vs prior

Post-Filing Returns · since 2026-05-13 on ASA

+1 day
-0.4%
+5 days
-8.7%
+30 days
-17.9%
+60 days
-27.2%
+90 days
+180 days

Anchor price 69.92 on closest trading day on/after 2026-05-13. Source: Yahoo Finance daily adj_close (split + dividend adjusted).

Other 13D/G Filings on ASA Gold and Precious Metals Limited

FiledFormFilerStakeShares
2026-08-03 SCHEDULE 13D/A Saba Capital Management, L.P. 32.16% 5,903,701 view →
2026-05-28 SCHEDULE 13D/A Saba Capital Management, L.P. 31.91% 5,903,701 view →
2026-01-23 SCHEDULE Saba Capital Management, L.P. 28.96% 5,465,362 view →
2025-09-15 SCHEDULE Saba Capital Management, L.P. 23.93% 4,516,387 view →
2025-08-13 SCHEDULE Saba Capital Management, L.P. 21.41% 4,040,715 view →
2024-01-26 SC Saba Capital Management, L.P. view →

Other Filings by Saba Capital Management, L.P.

FiledFormIssuerStakeShares
2026-08-13 SCHEDULE 13D/A BlackRock ESG Capital Allocation Term Trust 14.75% 14,675,673 view →
2026-08-05 SCHEDULE 13D/A Royce Micro-Cap Trust, Inc. 7.08% 3,786,726 view →
2026-08-03 SCHEDULE 13D/A BlackRock ESG Capital Allocation Term Trust 15.88% 15,798,219 view →
2026-08-03 SCHEDULE 13D/A ASA Gold and Precious Metals Limited 32.16% 5,903,701 view →
2026-08-03 SCHEDULE 13D Bluerock Private Real Estate Fund 5.03% 7,201,382 view →
2026-07-30 SCHEDULE 13D/A MORGAN STANLEY INDIA INVESTMENT FUND, INC. 853,694 view →
2026-07-24 SCHEDULE 13D/A Royce Micro-Cap Trust, Inc. 6.08% 3,252,976 view →
2026-07-22 SCHEDULE 13D/A BlackRock ESG Capital Allocation Term Trust 16,865,321 view →
2026-06-29 SCHEDULE 13D/A BlackRock ESG Capital Allocation Term Trust ECAT 18.03% 17,930,744 view →
2026-06-29 SCHEDULE 13D/A GENERAL AMERICAN INVESTORS COMPANY, INC. GAM-PB 1,751,470 view →
2026-06-29 SCHEDULE 13D/A NYLI CBRE Global Infrastructure Megatrends Term Fund MEGI 3,465,327 view →
2026-06-16 SCHEDULE 13D/A The New Germany Fund, Inc. GF 3,563,777 view →
2026-06-16 SCHEDULE 13D/A The Mexico Fund, Inc. MXF 2,234,685 view →
2026-06-15 SCHEDULE 13D/A The Gabelli Dividend & Income Trust GDV-PK 4,715,534 view →
2026-06-04 SCHEDULE 13D/A Highland Opportunities and Income Fund HFRO-PB 5,799,399 view →
2026-06-04 SCHEDULE 13D/A Clough Global Equity Fund GLQ 881,942 view →
2026-06-03 SCHEDULE 13D/A BlackRock ESG Capital Allocation Term Trust ECAT 19.14% 19,034,941 view →
2026-05-28 SCHEDULE 13D/A The Mexico Fund, Inc. MXF 14.33% 2,065,923 view →
2026-05-28 SCHEDULE 13D/A ASA Gold and Precious Metals Limited ASA 31.91% 5,903,701 view →
2026-05-28 SCHEDULE 13D/A The New Germany Fund, Inc. GF 20.79% 3,375,282 view →
Showing 20 of 199

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