Saba Capital adds to Mexico Fund Inc (NYSE: MXF) position
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Saba Capital Management, L.P., a more than 10% owner of Mexico Fund Inc (MXF), made an open-market purchase of 456 shares of common stock on March 12, 2026 at $20.35 per share. Following this transaction, Saba Capital’s indirect holdings increased to 1,736,562 shares, indicating a small, incremental addition to an already large position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 456 shares ($9,280)
Net Buy
1 txn
Insider
Saba Capital Management, L.P.
Role
10% Owner
Bought
456 shs ($9K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 456 | $20.35 | $9K |
Holdings After Transaction:
Common Stock — 1,736,562 shares (Indirect, -)
Footnotes (1)
FAQ
What insider transaction did Saba Capital report for Mexico Fund Inc (MXF)?
Saba Capital reported an open-market purchase of 456 shares of Mexico Fund Inc common stock. The transaction was recorded as a Form 4 filing and reflects additional indirect ownership in the fund.
What is Saba Capital’s total MXF ownership after this Form 4 transaction?
After the reported purchase, Saba Capital’s indirect holdings in Mexico Fund Inc total 1,736,562 shares. This filing confirms the updated position size following the additional open-market buy of 456 shares.
What is Saba Capital’s status in relation to Mexico Fund Inc (MXF)?
Saba Capital Management, L.P. is identified as a more than 10% owner of Mexico Fund Inc. This status makes its trades subject to Form 4 reporting as an insider under U.S. securities regulations.
Was the March 12, 2026 MXF trade by Saba Capital a buy or sell?
The March 12, 2026 transaction was a buy. Saba Capital executed an open-market purchase of 456 Mexico Fund Inc common shares, increasing its already substantial indirect ownership stake.