Insider Trading January 29, 2026

Saba Capital Trims Stake in Voya Asia Pacific Fund, Sells $221,328 of IAE Shares

Two late-January transactions reduce Saba's holdings while the fund trades near its 52-week high and offers a high dividend yield

By Avery Klein IAE
Saba Capital Trims Stake in Voya Asia Pacific Fund, Sells $221,328 of IAE Shares
IAE

Saba Capital Management, L.P. reported two sales of common shares in the Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) on January 27 and 28, 2026, totaling $221,328. The filings show precise share counts and prices for each trade and identify the signatures on the Form 4. The fund currently trades at $8.16, yields 9.45%, and InvestingPro data shows a 49.91% total return over the past year and an RSI that may indicate overbought conditions.

Key Points

  • Saba Capital Management reported two sales of IAE common stock on January 27 and 28, 2026, totaling $221,328.
  • After the transactions, Saba’s holding in the Voya Asia Pacific High Dividend Equity Income Fund stood at 1,758,371 shares; the fund offers a 9.45% dividend yield and has returned 49.91% over the past year per InvestingPro.
  • The sales were disclosed in a Form 4 filed with the SEC and signed by Zachary Gindes on behalf of Saba Capital and by Boaz Weinstein.

Saba Capital Management, L.P. - identified in regulatory filings as a 10 percent owner of the Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) - disclosed two sales of the fund's common stock executed on January 27 and January 28, 2026.

The two transactions together generated proceeds of $221,328, with execution prices recorded between $8.23 and $8.28 per share. The January 27 trade involved the sale of 20,618 shares at $8.23 per share; following that disposition Saba Capital's position in the fund was reported at 1,764,608 shares. The subsequent trade on January 28 saw the firm sell 6,237 shares at $8.28 per share, after which its holding was reported as 1,758,371 shares.

The disposals were disclosed in a Form 4 filed with the U.S. Securities and Exchange Commission. The filing lists Zachary Gindes signing on behalf of Saba Capital Management, L.P., and is also signed by Boaz Weinstein.

At the time of the filing, the fund was trading at $8.16. Additional metrics cited in the filing material include a 9.45% dividend yield and a 52-week high of $8.30 for the fund's share price. According to InvestingPro data referenced in the disclosure, the fund has delivered a total return of 49.91% over the prior 12 months.

InvestingPro analysis included in the same set of figures indicates that the fund's relative strength index (RSI) suggests it may be in overbought territory. That technical indicator is noted alongside the transaction detail and price information in the public filing.

The Form 4 provides the transactional timeline, share counts and prices, and the signatures attesting to the submissions. The disclosure does not include additional commentary on the rationale for the sales or any forward-looking statements from the reporting parties.


Summary of reported transactions:

  • January 27, 2026: 20,618 shares sold at $8.23 per share. Post-trade holdings: 1,764,608 shares.
  • January 28, 2026: 6,237 shares sold at $8.28 per share. Post-trade holdings: 1,758,371 shares.
  • Total proceeds from both transactions: $221,328.

Risks

  • The Form 4 disclosure provides transactional detail but does not state a motive for the sales, leaving investor interpretation open.
  • InvestingPro notes the fund's RSI may indicate overbought conditions - a technical state that could affect short-term price behavior.
  • The filing contains factual execution and holdings information but no additional commentary or forward-looking guidance from the reporting parties.

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