Saba Capital ups stake in Mexico Fund Inc (NYSE: MXF) with open-market buy
Rhea-AI Filing Summary
Saba Capital Management, L.P., a more than ten percent owner of Mexico Fund Inc (MXF), reported purchasing 9,362 shares of common stock on 2026-08-04 at $22.19 per share in an open-market or private transaction. Following this trade, Saba Capital indirectly holds 2,300,764 shares of Mexico Fund Inc common stock. The Form 4 indicates the Rule 10b5-1 trading plan checkbox was not selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,362 shares
Net Buy
1 txn
Insider
Saba Capital Management, L.P.
Role
10% Owner
Bought
9,362 shs ($208K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 9,362 | $22.19 | $208K |
Holdings After Transaction:
Common Stock — 2,300,764 shares (Indirect, -)
Key Figures
Shares purchased: 9,362 shares
Purchase price: $22.19 per share
Shares owned after transaction: 2,300,764 shares
+1 more
4 metrics
Shares purchased
9,362 shares
Common Stock acquired on 2026-08-04 in open-market or private transaction
Purchase price
$22.19 per share
Price paid for Mexico Fund Inc common stock on 2026-08-04
Shares owned after transaction
2,300,764 shares
Indirectly held Mexico Fund Inc common shares following the reported purchase
Transaction date
2026-08-04
Date of Saba Capital’s reported purchase of Mexico Fund Inc common stock
Key Terms
ten percent owner, indirect ownership, open market or private transaction
3 terms
ten percent owner regulatory
"is_ten_percent_owner: 1 indicates status as a ten percent owner"
indirect ownership financial
"ownership_type: "indirect" and ownership_code: "I" indicate indirect ownership"
open market or private transaction financial
"transaction_code_description: "Purchase in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction involving MXF did Saba Capital Management report?
Saba Capital Management, L.P. reported a purchase of 9,362 MXF common shares on 2026-08-04 at $22.19 per share in an open-market or private transaction, increasing its indirectly held position in Mexico Fund Inc.
Is Saba Capital a ten percent owner of Mexico Fund Inc (MXF)?
Yes. The Form 4 identifies Saba Capital Management, L.P. as a ten percent owner of Mexico Fund Inc (MXF). This status means it beneficially owns more than ten percent of the company’s common stock, as reflected in the ownership checkbox.
Was Saba Capital’s MXF trade made under a Rule 10b5-1 trading plan?
The Form 4 shows the Rule 10b5-1 checkbox was not selected, so the transaction is not affirmatively reported as made under a Rule 10b5-1 trading plan. No additional plan-related details appear in the structured data provided.