Saba Capital boosts stake in Mexico Fund Inc (MXF) with 7,823-share buy
Rhea-AI Filing Summary
Saba Capital Management, L.P., a 10% owner of Mexico Fund Inc, reported indirect purchases of a total of 7,823 shares of common stock. The trades, described as open market or private transactions, occurred on July 21–22, 2026 at prices of $21.52 and $21.80 per share, with all shares held indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,823 shares
Net Buy
2 txns
Insider
Saba Capital Management, L.P.
Role
10% Owner
Bought
7,823 shs ($170K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,623 | $21.80 | $166K |
| Purchase | Common Stock | 200 | $21.52 | $4K |
Holdings After Transaction:
Common Stock — 2,285,129 shares (Indirect, -)
Key Figures
Total shares purchased: 7,823 shares
Purchase price 22 Jul 2026: $21.80 per share
Purchase price 21 Jul 2026: $21.52 per share
3 metrics
Total shares purchased
7,823 shares
Aggregate common stock bought across reported transactions
Purchase price 22 Jul 2026
$21.80 per share
Price for 7,623-share indirect purchase of common stock
Purchase price 21 Jul 2026
$21.52 per share
Price for 200-share indirect purchase of common stock
Key Terms
10% owner, indirect, open market or private transaction
3 terms
10% owner financial
"is_ten_percent_owner: 1 for Saba Capital Management, L.P."
indirect financial
"ownership_type: indirect for both common stock transactions"
open market or private transaction financial
"transaction_code_description: Purchase in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Saba Capital report for MXF?
Saba Capital Management reported buying a total of 7,823 Mexico Fund (MXF) common shares. The indirect purchases occurred over two days in July 2026 and were reported on a Form 4 insider trading report with the SEC.
At what prices did Saba Capital purchase MXF stock?
Saba Capital purchased Mexico Fund (MXF) common stock at $21.52 and $21.80 per share. The 200-share trade on July 21, 2026 was at $21.52, and the 7,623-share trade on July 22, 2026 was at $21.80 per share.
Were Saba Capital’s MXF purchases direct or indirect holdings?
All reported Mexico Fund (MXF) purchases were classified as indirect ownership. The Form 4 lists the ownership type as indirect for both common stock transactions, indicating the shares are held through another entity or account rather than in Saba Capital’s own name.