Saba Capital (MXF) boosts Mexico Fund stake with 32,126-share buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Saba Capital Management, L.P., a 10% owner of Mexico Fund Inc., reported an open-market purchase of common stock. On 02/13/2026, it bought 32,126 shares at $22.69 per share. After this indirect transaction, it beneficially owned 1,730,621 common shares of MXF.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 32,126 shares ($728,939)
Net Buy
1 txn
Insider
Saba Capital Management, L.P.
Role
10% Owner
Bought
32,126 shs ($729K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 32,126 | $22.69 | $729K |
Holdings After Transaction:
Common Stock — 1,730,621 shares (Indirect, -)
Footnotes (1)
FAQ
What insider transaction did Saba Capital report for MXF?
Saba Capital Management, L.P. reported buying 32,126 shares of Mexico Fund Inc. common stock. The open-market purchase occurred on February 13, 2026, and was disclosed on a Form 4 insider trading report filed with regulators.
Is Saba Capital a 10% owner of Mexico Fund Inc. (MXF)?
Yes, Saba Capital Management, L.P. is identified as a 10% owner of Mexico Fund Inc. in the filing. This status requires reporting its trades in MXF stock on Form 4 under Section 16 of U.S. securities laws.
Was the MXF insider transaction a purchase or sale?
The reported MXF insider transaction was a purchase. Saba Capital Management, L.P. executed an open-market buy coded as “P” on Form 4, acquiring 32,126 Mexico Fund Inc. common shares at $22.69 per share.
Is Saba Capital’s MXF ownership direct or indirect?
The Form 4 shows Saba Capital Management, L.P.’s ownership of Mexico Fund Inc. shares as indirect. The 1,730,621 common shares are reported with ownership code “I,” indicating indirect beneficial ownership rather than direct personal holding.