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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
5 13D/G filings on this issuer
4 other filings besides this one
Filer Track Record
200 filings by this filer
199 other filings in the data moat
Short Interest · settle 2026-04-30
DTC 1.00
9,772 shares short · -46.7% vs prior

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

FiledFormFilerStakeShares
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
2026-05-11 SCHEDULE 13D/A BlackRock ESG Capital Allocation Term Trust 20,188,874 view →
2026-05-11 SCHEDULE 13D/A Clough Global Opportunities Fund 3,500,205 view →
2026-01-28 SCHEDULE ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND AFB 7.92% 2,277,251 view →
2026-01-23 SCHEDULE ASA Gold & Precious Metals Ltd ASA 28.96% 5,465,362 view →
2026-01-22 SCHEDULE NUVEEN PENNSYLVANIA QUALITY MUNICIPAL INCOME FUND NQP 6.14% 2,283,826 view →
2026-01-22 SCHEDULE BlackRock ESG Capital Allocation Term Trust ECAT 25.97% 25,798,288 view →
2026-01-22 SCHEDULE JAPAN SMALLER CAPITALIZATION FUND INC JOF 4.93% 1,398,051 view →
2026-01-21 SCHEDULE NYLI CBRE Global Infrastructure Megatrends Term Fund MEGI 9.83% 5,118,291 view →
2026-01-08 SCHEDULE ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND AFB 9.30% 2,674,609 view →
2026-01-08 SCHEDULE GABELLI DIVIDEND & INCOME TRUST GDV-PK 6.43% 5,694,804 view →
2026-01-08 SCHEDULE abrdn Life Sciences Investors HQL 6.77% 2,002,516 view →
2026-01-07 SCHEDULE Clough Global Dividend & Income Fund GLV 7.09% 880,115 view →
2026-01-02 SCHEDULE NEW GERMANY FUND INC GF 13.66% 2,210,355 view →
2025-11-12 SCHEDULE NEW GERMANY FUND INC GF 12.65% 2,046,734 view →
2025-11-03 SCHEDULE BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST 7.36% 2,211,986 view →
2025-09-26 SCHEDULE GAMCO Natural Resources, Gold & Income Trust GNT-PA 7.35% 1,190,374 view →
2025-09-26 SCHEDULE abrdn Life Sciences Investors HQL 8.96% 2,586,652 view →
2025-09-23 SCHEDULE GAMCO Natural Resources, Gold & Income Trust GNT-PA 8.36% 1,353,496 view →
2025-09-15 SCHEDULE ASA Gold & Precious Metals Ltd ASA 23.93% 4,516,387 view →
2025-09-03 SCHEDULE GAMCO Natural Resources, Gold & Income Trust GNT-PA 9.50% 1,539,524 view →
Showing 20 of 199

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