Mexico Fund (NYSE: MXF) director and 10% owner reports purchase of 10,902 shares
Rhea-AI Filing Summary
Mexico Fund Inc. insider increases stake through open-market purchase
A reporting person associated with Saba Capital Management disclosed buying 10,902 shares of Mexico Fund Inc. (MXF) common stock on 12/01/2025. The purchase was coded as a "P" transaction, indicating an open-market or private purchase, at a price of $19.45 per share. Following this transaction, the filer reports indirect beneficial ownership of 1,610,669 shares of Mexico Fund common stock, reflecting holdings controlled through an indirect ownership structure.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Mexico Fund Inc. (MXF) report in this Form 4?
The filing shows an affiliated party of Saba Capital Management purchased 10,902 shares of Mexico Fund Inc. common stock on 12/01/2025.
At what price were the Mexico Fund Inc. (MXF) shares purchased?
The 10,902 Mexico Fund shares were bought at a price of $19.45 per share.
How many Mexico Fund Inc. (MXF) shares does the reporting person now beneficially own?
After the reported transaction, the filer reports 1,610,669 shares of Mexico Fund common stock as indirectly beneficially owned.
What is the relationship of the reporting person to Mexico Fund Inc. (MXF)?
The filer is identified as a director of Mexico Fund Inc. and is also marked as a 10% owner.
Was this Mexico Fund Inc. (MXF) trade reported as a purchase or sale?
The transaction is coded as P, indicating a purchase of common stock rather than a sale or other type of transaction.
Is the Mexico Fund Inc. (MXF) ownership reported as direct or indirect?
The 1,610,669 shares are reported under indirect (I) beneficial ownership, meaning they are held through an entity or structure linked to the filer.