Saba Capital Management reports small insider buy in The Mexico Fund
Saba Capital Management, L.P., a 10% owner of The Mexico Fund, Inc. (MXF), reported a small open-market purchase of the fund’s common stock.
Rhea-AI Filing Summary
Saba Capital Management, L.P., a 10% owner of The Mexico Fund, Inc. (MXF), reported a small open-market purchase of the fund’s common stock. On January 9, 2026, the reporting person indirectly purchased 10 shares of common stock at a price of $20.24 per share. After this transaction, Saba Capital Management, L.P. indirectly beneficially owned a total of 1,691,310 shares of Mexico Fund common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10 | $20.24 | $202.40 |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Saba Capital Management report for MXF?
Saba Capital Management, L.P. reported an indirect open-market purchase of 10 shares of The Mexico Fund, Inc. common stock on January 9, 2026 at $20.24 per share.
Is Saba Capital Management, L.P. considered a 10% owner of MXF?
Yes. The filing identifies Saba Capital Management, L.P. as a 10% owner of The Mexico Fund, Inc. (MXF).
Was the MXF insider transaction a purchase or a sale?
The reported insider transaction was a purchase of common stock, coded as transaction type P in the Form 4.
Is the MXF transaction held directly or indirectly by Saba Capital Management?
The Form 4 classifies the ownership as indirect (I), with the nature of indirect beneficial ownership noted as "-" in the filing.
What security was involved in Saba Capital Management’s MXF Form 4 filing?
The transaction involved common stock of The Mexico Fund, Inc. (MXF).
AI-generated analysis. How Rhea-AI works. Not financial advice.