Form 4 Filing for JOF

Saba Capital Management, L.P., a 10% owner of JAPAN SMALLER CAPITALIZATION FUND INC (JOF), acquired 13,133 shares of common stock on October 14, 2026. The transaction was made at a price of $12.33 per share. Following this transaction, Saba Capital Management, L.P. holds a total of 2,696,154 shares. The filing was signed on October 16, 2026.