Saba Capital (MXF) adds 25,166 Mexico Fund shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Saba Capital Management, L.P., a ten percent owner of Mexico Fund Inc, reported open-market purchases of the fund’s common stock. On May 28, 2026, it bought 6,700 shares at $22.16 per share, followed by 18,466 shares at $22.17 per share on May 29, 2026. After these indirect purchases, Saba Capital reported holding 2,091,089 common shares of Mexico Fund Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25,166 shares ($557,863)
Net Buy
2 txns
Insider
Saba Capital Management, L.P.
Role
null
Bought
25,166 shs ($558K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 18,466 | $22.17 | $409K |
| Purchase | Common Stock | 6,700 | $22.16 | $148K |
Holdings After Transaction:
Common Stock — 2,091,089 shares (Indirect, -)
Footnotes (1)
Key Figures
Shares bought May 29, 2026: 18,466 shares
Share price May 29, 2026: $22.17/share
Shares bought May 28, 2026: 6,700 shares
+3 more
6 metrics
Shares bought May 29, 2026
18,466 shares
Common Stock open-market purchase at $22.17 per share
Share price May 29, 2026
$22.17/share
Price paid for 18,466 Common Stock shares
Shares bought May 28, 2026
6,700 shares
Common Stock open-market purchase at $22.16 per share
Share price May 28, 2026
$22.16/share
Price paid for 6,700 Common Stock shares
Total shares bought
25,166 shares
Sum of reported Common Stock purchases in this Form 4
Shares owned after transactions
2,091,089 shares
Indirectly held Mexico Fund Inc Common Stock after May 29, 2026
Key Terms
open-market purchase, indirect ownership, ten percent owner
3 terms
open-market purchase financial
"transaction_action: open-market purchase of Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"ownership_type is indirect with ownership_code I"
ten percent owner regulatory
"Saba Capital Management, L.P. is marked as a ten percent owner"
FAQ
What insider activity did Saba Capital report for MEXICO FUND INC (MXF)?
Saba Capital Management, L.P. reported buying common stock of Mexico Fund Inc in the open market. It executed two purchases totaling 25,166 shares, increasing its indirect holdings to 2,091,089 shares according to the Form 4 disclosure.
What is Saba Capital’s total MXF position after these Form 4 purchases?
After the reported transactions, Saba Capital’s indirect holdings in Mexico Fund Inc common stock total 2,091,089 shares. This figure is disclosed in the Form 4 as the number of shares beneficially owned following the May 29, 2026 transaction.