Welcome to our dedicated page for ASA Gold and Precious Metals SEC filings (Ticker: ASA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
ASA Gold and Precious Metals Limited filings document the regulatory record of a Bermuda-organized, NYSE-listed closed-end fund with common shares trading under ASA. The filings identify the Fund's investment-company structure, common-share class, exchange listing and material-event disclosures for portfolio valuation matters, shareholder rights plan status, director changes and other governance actions.
ASA proxy materials cover annual general meeting procedures, director elections, auditor ratification, audited financial statements and shareholder voting mechanics. Its Form 8-K reports and proxy filings also record board and committee matters, Regulation FD disclosures, capital-structure information and formal updates affecting the Fund's public-company status.
Saba Capital Management and affiliates filed Amendment No. 25 to their Schedule 13D on ASA Gold and Precious Metals Limited, updating both their ownership and their strategic proposal. The group reports beneficial ownership of 5,903,701 common shares, or 31.91% of ASA’s outstanding common stock, based on 18,499,850 shares outstanding.
The amendment describes a revised non-binding proposal delivered on May 27, 2026 to ASA’s Special Committee. Saba’s proposal contemplates transitioning ASA into a business development company structure and offering shareholders both a limited cash tender offer and a limited tender offer for a proportional share of the remaining portfolio assets, with exact tender sizes and prices not specified.
Saba Capital Management and related reporting persons report beneficial ownership of 5,903,701 common shares of ASA Gold and Precious Metals Limited, representing 31.91% of the outstanding shares, based on 18,499,850 shares disclosed in a recent Form 144.
Saba states that approximately $173,266,631 was paid to acquire these shares using investor capital, appreciation, and ordinary-course margin borrowings. On May 13, 2026, Saba submitted a non-binding proposal to ASA’s board, via its Special Committee and advisor Cantor Fitzgerald & Co., outlining terms for a potential transaction and a management and incentive fee structure, including significant initial fee waivers, and indicates it intends to continue engagement.
ASA Gold & Precious Metals Ltd received Amendment No. 9 to a Schedule 13G/A from Morgan Stanley and Morgan Stanley Smith Barney LLC reporting their current beneficial holdings in the company's Common Shares. The filing shows Morgan Stanley holds 891,023 shares (4.7%) and Morgan Stanley Smith Barney LLC holds 754,179 shares (4.0%), each stating they have ceased to be the beneficial owner of more than five percent of the class “as of the date hereof.” The filing is signed by authorized signatories and includes exhibits with a joint filing agreement and Item 7 subsidiary information.
ASA Gold and Precious Metals Limited plans to sell a portion of its position in a privately held portfolio company through multiple transactions at different prices. The company currently values this investment using the most recent observable transaction price.
Based on anticipated pricing, management estimates that completing these sales may lead to an approximate 2–3% increase in net asset value
Hanna Tikkanen Merk filed a Form 144 reporting proposed sales of common stock, including 200 shares dated 02/19/2026 and 13,155 shares dated 02/20/2026.
The filing also lists multiple prior open market purchases with trade dates ranging from 12/18/2018 through 01/16/2025 and individual lot sizes shown in the excerpt.
ASA Gold & Precious Metals Ltd COO Alexander Merk reported indirect open-market sales of company shares held through his spouse. On February 20, 2026, 13,155 shares were sold at $70.60 per share, following a sale of 200 shares at the same price on February 19, 2026. After these transactions, indirect holdings through his spouse were reported as zero shares, while direct ownership was reported at 303,805 shares as of February 19, 2026.
ASA Gold and Precious Metals Limited received an updated Schedule 13D/A from Saba Capital Management and related parties, reflecting a large activist stake and a push for strategic change. The reporting group, including Saba Capital, Saba Capital Management GP and Boaz R. Weinstein, reports beneficial ownership of 5,903,701 common shares, representing 31.28% of ASA’s outstanding common shares based on 18,872,332 shares disclosed in a prior Form 144.
The filing states that approximately $173,266,631 has been paid to acquire these shares. On February 19, 2026, Saba Capital submitted an updated presentation to ASA’s board recommending a “comprehensive strategic review” and clarifying strategic alternatives for the board to evaluate. All recent trades referenced were executed in the open market through a broker, and Saba-advised funds are entitled to dividends and sale proceeds from the shares.
Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd (ASA), reported open-market purchases of the company’s common stock. On February 12, 2026, it bought 83,533 shares at $69.69 per share, followed by 50,560 shares at $71.50 per share on February 13, 2026.
After these indirect purchases, Saba Capital Management beneficially owned 5,903,701 ASA common shares. All reported holdings are classified as indirect ownership.
Lazard Asset Management LLC reported a small stake in ASA Gold and Precious Metals Ltd. The firm beneficially owns 20,798 equity shares, representing 0.1% of the class, with sole voting and sole dispositive power over all reported shares.
Lazard states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of ASA Gold and Precious Metals Ltd, consistent with a passive investment reported on a Schedule 13G.