13G Filing: Boaz Weinstein’s Saba Capital Hikes Position in the Deutsche Strategic Income Trust (KST)

Form 13G’s must be filed with the SEC upon any investor or entity amassing at least 5% of a company’s outstanding shares, or alternatively, an investment falling beneath the 5% ownership threshold. Investors should closely monitor this filing activity, as it represents the trading activity of some of the company’s biggest supporters, who have doubtlessly done an immense amount of research on the company and its sector and have a good understanding of its value and potential. Below we have embedded just such a filing, issued by Boaz Weinstein‘s Saba Capital on the Deutsche Strategic Income Trust (NYSE:KST), of which it owns 462,123 shares, 10.47% of the firm’s shares. Saba Capital owned 364,934 shares at the end of 2015.

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Saba Capital Management 462,123 462,123 10.47%
Boaz R. Weinstein 462,123 462,123 10.47%
Boaz Weinstein
Boaz Weinstein
Saba Capital

Page 1 of 6 SEC Filing


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

DWS Strategic Income Trust
(Name of Issuer)

Common Stock, $0.01 par value per share
(Title of Class of Securities)

25160F109
(CUSIP Number)

January 20, 2016
(Date of Event which
Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:

[_] Rule 13d-1(b)

[X] Rule 13d-1(c)

[_] Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a
reporting persons initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page
shall not be deemed to be filed for the purpose of Section 18 of the
Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities
of that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).

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