10% owner Saba Capital Management buys 10,341 shares at avg $22.22, continuing pattern of 5 prior consecutive well-timed buys at MXF
Saba Capital Management, LP executed 2 separate purchases totaling 10,341 shares for $229,743.12 at a blended average price of $22.22 on June 1-2, 2026, adding to holdings of 2.10M shares post-transaction. The transaction extends a notable pattern: all 5 prior trades at MXF by this insider were buys, and the 90-day timing pattern shows 100% win rate—each prior buy achieved positive 90-day returns ranging from +1.4% to +3.4%. This filing represents a continuation of consistent accumulation activity at this ticker with measurably strong historical execution. The insider's cross-ticker track record across 15 prior buys also shows a 100.00% win rate at the 90-day mark with +2.0% average return, reinforcing a pattern of disciplined market timing, though investors should note the recent buys at MXF span a concentrated window (May 15–June 2) and the current transaction's price points fall at the upper end of that recent range.