Saba Capital adds MXF shares in open-market buys
Saba Capital Management, L.P., a 10% owner of MEXICO FUND INC (MXF), made open-market purchases of the fund’s common stock on two consecutive days.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Saba Capital Management, L.P., a 10% owner of MEXICO FUND INC (MXF), made open-market purchases of the fund’s common stock on two consecutive days. It bought 1,068 shares at $20.66 per share and 2,681 shares at $20.26 per share, for a total of 3,749 additional shares held indirectly. After these trades, Saba’s indirect holdings increased to 1,763,181 common shares, indicating a modest incremental addition to an already substantial position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,681 | $20.26 | $54K |
| Purchase | Common Stock | 1,068 | $20.66 | $22K |
Key Figures
Key Terms
open-market purchase financial
Common Stock financial
indirect ownership financial
10% owner financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Saba Capital Management do in this Form 4 for MXF?
What is Saba Capital’s total MXF position after these transactions?
Are Saba Capital’s MXF transactions open-market buys or another type?
AI-generated analysis. How Rhea-AI works. Not financial advice.