Saba Capital boosts Mexico Fund (NYSE: MXF) stake with share purchase
Rhea-AI Filing Summary
Saba Capital Management, L.P., a 10% owner of The Mexico Fund, Inc. (MXF), reported a routine insider purchase of common stock. On January 29, 2026, it bought 3,115 shares of common stock at $21.97 per share in an indirect transaction. Following this trade, Saba Capital Management, L.P. beneficially owned 1,698,495 MXF common shares indirectly.
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FAQ
What insider transaction did Saba Capital report for Mexico Fund Inc (MXF)?
Saba Capital Management, L.P. reported buying 3,115 Mexico Fund common shares. The purchase occurred on January 29, 2026 at a price of $21.97 per share, classified as a routine open-market acquisition of non-derivative common stock.
At what price did Saba Capital buy Mexico Fund (MXF) shares in this Form 4?
The reported transaction shows a purchase price of $21.97 per Mexico Fund common share. This price applies to the entire 3,115-share acquisition disclosed, reflecting what Saba Capital paid per share in the January 29, 2026 transaction.
How many Mexico Fund (MXF) shares does Saba Capital own after this transaction?
After the reported purchase, Saba Capital Management, L.P. beneficially owned 1,698,495 Mexico Fund common shares. The filing classifies this position as held on an indirect basis, rather than as directly owned shares by the reporting person.
What type of security did Saba Capital trade in Mexico Fund (MXF)?
The transaction involved non-derivative common stock of The Mexico Fund, Inc. No options, warrants, or other derivative securities were reported in this Form 4, and Table II for derivative securities contained no disclosed entries.
Is Saba Capital a 10% owner of Mexico Fund Inc (MXF)?
Yes. The Form 4 identifies Saba Capital Management, L.P. as a 10% Owner of The Mexico Fund, Inc. This status reflects its substantial beneficial ownership position as disclosed in the filing’s reporting person section.
Was the Saba Capital Mexico Fund (MXF) transaction direct or indirect ownership?
The Form 4 classifies the position as Indirect (I) ownership. The nature of indirect beneficial ownership is denoted with a dash, indicating it is not described as directly held in Saba Capital’s own name.