Allspring Reports 1,091,671 MXF Shares, Representing 7.6%
Rhea-AI Filing Summary
Allspring Global Investments Holdings, LLC filed an amended Schedule 13G reporting beneficial ownership of 1,091,671 shares of Mexico Fund Inc. (MXF) common shares, representing 7.6% of the class. The filing shows sole voting and sole dispositive power over the shares and states the securities are held in the ordinary course of business, not to influence control of the issuer.
The statement names affiliated subsidiaries that hold the position, including Allspring Global Investments, LLC and Allspring Funds Management, LLC. The filing is identified as Amendment No. 6 and reflects an event date of
Positive
- Material disclosed stake: ownership of 1,091,671 shares representing 7.6%
- Sole voting and dispositive power over the reported shares, clarifying control of the position
- Affiliated holders identified (Allspring Global Investments, LLC; Allspring Funds Management, LLC) which improves transparency
Negative
- None.
Insights
Large, disclosed stake of
This filing documents that Allspring directly holds 1,091,671 shares and controls voting and disposition rights, which is a sizeable passive stake for a mutual fund share class. The position size is explicitly reported as
The main dependency for market impact is whether this stake changes over time or is aggregated with other related accounts; monitor subsequent filings over the next 30–90 days for changes in percentage or disclosures from affiliates.
Filing affirms ordinary-course intent and lists relevant subsidiaries.
The statement includes a certification that the securities are held in the ordinary course of business and not to influence control, and names subsidiaries that directly own the shares (Allspring Global Investments, LLC and Allspring Funds Management, LLC). This clarifies the reporting chain from parent to adviser-level holders.
Regulatory attention should focus on any future amendments or Form 13D/13G changes; expect any material change in intent or ownership to trigger amended disclosure within the standard reporting windows.