Saba Capital Management, L.P. 4

What Happened
Saba Capital Management, L.P., a reported 10% owner of Mexico Fund Inc. (MXF), purchased a total of 2,350 shares in two open-market acquisitions. On 2026-07-07 Saba bought 1,828 shares at $21.73 each ($39,722) and on 2026-07-08 it bought 522 shares at $21.26 each ($11,098), for combined consideration of $50,820 (avg. price ≈ $21.62). These were purchases (code P), which are generally viewed as an accumulation rather than a sale.

Key Details

• Transaction dates & prices: 2026-07-07 — 1,828 shares @ $21.73 ($39,722); 2026-07-08 — 522 shares @ $21.26 ($11,098).
• Total shares purchased: 2,350; total spent: $50,820; average price ≈ $21.62.
• Shares owned after transaction: not specified in the provided filing summary.
• Filing: Form 4 filed 2026-07-09; appears to report the trades promptly.
• Transaction type: Open market/private purchases (code P).
• Insider type: Saba is a 10% institutional owner — institutional buying, not an executive or director trade.

Context
As a 10% institutional holder, Saba’s purchases indicate additional ownership by a large investor but do not by themselves explain motivation. Purchases are typically considered more informative than routine sales, but avoid reading too much into a single small-series buy; total disclosed here is about $50.8K.