Saba Capital (MXF) adds 20,151 Mexico Fund shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Saba Capital Management, L.P., a ten percent owner of MEXICO FUND INC, reported indirect open-market purchases of the fund’s common stock. On June 23 and 24, 2026, it bought a total of 20,151 shares at prices between $21.31 and $21.52 per share. Following these transactions, Saba Capital indirectly holds 2,260,134 common shares of the Mexico Fund.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,151 shares ($432,579)
Net Buy
2 txns
Insider
Saba Capital Management, L.P.
Role
null
Bought
20,151 shs ($433K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,100 | $21.31 | $109K |
| Purchase | Common Stock | 15,051 | $21.52 | $324K |
Holdings After Transaction:
Common Stock — 2,260,134 shares (Indirect, -)
Footnotes (1)
Key Figures
Shares bought June 24, 2026: 5,100 shares
Shares bought June 23, 2026: 15,051 shares
Total shares bought: 20,151 shares
+3 more
6 metrics
Shares bought June 24, 2026
5,100 shares
Open-market purchase of common stock at $21.31 per share
Shares bought June 23, 2026
15,051 shares
Open-market purchase of common stock at $21.52 per share
Total shares bought
20,151 shares
Net open-market purchases reported in this Form 4
Post-transaction holdings
2,260,134 shares
Indirect common stock ownership following the latest purchase
Purchase price June 24, 2026
$21.31 per share
Price for 5,100-share open-market buy of common stock
Purchase price June 23, 2026
$21.52 per share
Price for 15,051-share open-market buy of common stock
Key Terms
open-market purchase, non-derivative, indirect ownership, ten percent owner, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
non-derivative financial
""transaction_type": "non-derivative""
indirect ownership financial
""ownership_type": "indirect""
ten percent owner financial
""is_ten_percent_owner": 1"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Saba Capital Management report in this Form 4 for MXF?
Saba Capital Management reported open-market purchases of Mexico Fund (MXF) common stock. It bought 20,151 shares over two days at prices around $21.31–$21.52, increasing its indirect holdings to more than two million shares.
What is Saba Capital’s total indirect ownership in Mexico Fund after these trades?
After these trades, Saba Capital’s indirect ownership is reported as 2,260,134 common shares of Mexico Fund. This figure reflects the holdings following the latest purchases disclosed in the Form 4, showing its continued significant stake.
Were the Saba Capital MXF transactions open-market purchases or derivatives?
The MXF transactions were non-derivative open-market purchases of common stock, coded “P” on the Form 4. No derivative securities, options, or convertible instruments were reported, and the derivative position summary in the filing is empty.