Saba Capital Management, L.P. 4

What Happened

• Saba Capital Management, L.P., reported as a greater-than-10% owner of Mexico Fund, Inc. (MXF), made an open-market purchase of 550 shares on January 21, 2026. The reported purchase price was $21.29 per share, for a total transaction value of $11,710. This was a purchase (code P), which is generally a bullish signal in that the institutional holder added to its position.

Key Details

• Transaction date: 2026-01-21; Filing date: 2026-01-22.
• Price per share: $21.29; Shares acquired: 550; Total value: $11,710.
• Transaction type/code: Purchase (P) — reported as an open-market/private purchase.
• Shares owned after the transaction: Not specified in the provided filing details.
• Filing timeliness: Filed the day after the trade (no late filing flag noted in the reported data).
• Insider type: 10% owner (institutional investor), not an individual executive or director.

Context

• As a 10% institutional holder, Saba Capital’s purchase reflects an institutional portfolio action rather than a corporate insider’s personal trading decision. Purchases by large holders can be informative to retail investors, but this single, modest-sized buy ($11.7k) should be viewed in the context of the fund’s overall holdings and the firm’s broader trading activity.