Saba Capital Management, L.P. 4

What Happened
Saba Capital Management, L.P., a 10% owner of Mexico Fund Inc. (MXF), made an open‑market purchase of 10,800 shares on 2026-04-02 at $21.28 per share, for a total reported cost of $229,824. The transaction was reported on a Form 4 filed the next day (2026-04-03), which falls within the standard reporting window. This was a straight purchase (transaction code P), not a sale or option exercise.

Key Details

• Transaction date: 2026-04-02 (Form 4 filed 2026-04-03 — timely filing)
• Transaction type: Open-market purchase (code P)
• Shares purchased: 10,800 at $21.28 per share
• Total value: $229,824
• Shares owned after transaction: Not specified in the filing
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes reported
• Insider role: Saba Capital is a 10% institutional owner (not a company executive)

Context
This was an institutional open‑market purchase by a large shareholder. Institutional buys can reflect portfolio allocation decisions rather than management sentiment; purchases are often watched by investors as a potentially positive signal, but they do not guarantee future stock performance. No derivatives, option exercises, gifts, or immediate sales were involved in this filing.