Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 4,480 shares of the business’s stock in a transaction dated Thursday, March 5th. The stock was bought at an average price of $21.34 per share, with a total value of $95,603.20. Following the acquisition, the insider directly owned 1,735,101 shares in the company, valued at approximately $37,027,055.34. This represents a 0.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Saba Capital Management, L.P. also recently made the following trade(s):
- On Tuesday, March 10th, Saba Capital Management, L.P. acquired 1,005 shares of Mexico Fund stock. The shares were bought at an average cost of $20.94 per share, for a total transaction of $21,044.70.
- On Friday, February 13th, Saba Capital Management, L.P. purchased 32,126 shares of Mexico Fund stock. The stock was acquired at an average price of $22.69 per share, with a total value of $728,938.94.
- On Thursday, January 29th, Saba Capital Management, L.P. acquired 3,115 shares of Mexico Fund stock. The shares were bought at an average price of $21.97 per share, for a total transaction of $68,436.55.
- On Monday, January 26th, Saba Capital Management, L.P. bought 1,000 shares of Mexico Fund stock. The stock was bought at an average cost of $21.50 per share, for a total transaction of $21,500.00.
- On Wednesday, January 21st, Saba Capital Management, L.P. bought 550 shares of Mexico Fund stock. The stock was bought at an average price of $21.29 per share, with a total value of $11,709.50.
- On Monday, January 12th, Saba Capital Management, L.P. purchased 2,520 shares of Mexico Fund stock. The shares were bought at an average cost of $20.45 per share, with a total value of $51,534.00.
- On Friday, January 9th, Saba Capital Management, L.P. purchased 10 shares of Mexico Fund stock. The shares were bought at an average cost of $20.24 per share, for a total transaction of $202.40.
- On Tuesday, December 16th, Saba Capital Management, L.P. purchased 16,228 shares of Mexico Fund stock. The shares were bought at an average cost of $19.95 per share, for a total transaction of $323,748.60.
- On Monday, December 15th, Saba Capital Management, L.P. purchased 28,475 shares of Mexico Fund stock. The stock was bought at an average price of $20.22 per share, for a total transaction of $575,764.50.
- On Friday, December 12th, Saba Capital Management, L.P. acquired 9,400 shares of Mexico Fund stock. The shares were bought at an average cost of $19.91 per share, with a total value of $187,154.00.
Mexico Fund Stock Performance
MXF stock opened at $20.83 on Thursday. The business has a fifty day simple moving average of $21.64 and a 200-day simple moving average of $20.07. Mexico Fund, Inc. has a 52 week low of $13.10 and a 52 week high of $23.00.
Hedge Funds Weigh In On Mexico Fund
About Mexico Fund
The Mexico Fund, Inc (NYSE: MXF) is a closed-end management investment company that seeks long-term capital appreciation through exposure to Mexican securities. The fund primarily invests in equity instruments of companies organized or principally operating in Mexico, spanning a range of sectors such as financial services, consumer goods, industrials and energy. It may also allocate portions of its portfolio to fixed-income securities, including government and corporate bonds, when attractive opportunities arise.
Launched in 1991 and incorporated under Maryland law, The Mexico Fund offers U.S.
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