Saba Capital Management, L.P. Buys 22,914 Shares of Mexico Fund (NYSE:MXF) Stock

Posted by Kyle Jackson on May 21st, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. bought 22,914 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was acquired at an average cost of $21.58 per share, for a total transaction of $494,484.12. Following the purchase, the insider owned 1,995,137 shares in the company, valued at approximately $43,055,056.46. This trade represents a 1.16% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Wednesday, May 20th, Saba Capital Management, L.P. purchased 4,610 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.68 per share, with a total value of $99,944.80.
On Monday, May 18th, Saba Capital Management, L.P. purchased 18,586 shares of Mexico Fund stock. The stock was bought at an average price of $21.59 per share, with a total value of $401,271.74.
On Friday, May 15th, Saba Capital Management, L.P. acquired 8,334 shares of Mexico Fund stock. The stock was bought at an average cost of $22.00 per share, for a total transaction of $183,348.00.
On Thursday, May 14th, Saba Capital Management, L.P. acquired 33,108 shares of Mexico Fund stock. The shares were bought at an average price of $22.00 per share, for a total transaction of $728,376.00.
On Wednesday, May 13th, Saba Capital Management, L.P. bought 15,148 shares of Mexico Fund stock. The stock was bought at an average cost of $22.13 per share, with a total value of $335,225.24.
On Tuesday, May 12th, Saba Capital Management, L.P. bought 9,000 shares of Mexico Fund stock. The stock was bought at an average cost of $22.01 per share, with a total value of $198,090.00.
On Thursday, May 7th, Saba Capital Management, L.P. bought 3,000 shares of Mexico Fund stock. The stock was bought at an average price of $21.82 per share, with a total value of $65,460.00.
On Friday, May 1st, Saba Capital Management, L.P. bought 217 shares of Mexico Fund stock. The shares were bought at an average price of $21.33 per share, for a total transaction of $4,628.61.
On Wednesday, April 22nd, Saba Capital Management, L.P. purchased 100,000 shares of Mexico Fund stock. The shares were bought at an average cost of $21.83 per share, for a total transaction of $2,183,000.00.
On Tuesday, April 21st, Saba Capital Management, L.P. purchased 3,505 shares of Mexico Fund stock. The stock was bought at an average price of $21.86 per share, with a total value of $76,619.30.

Mexico Fund Stock Down 0.8%

NYSE:MXF traded down $0.18 during trading hours on Thursday, hitting $21.60. The stock had a trading volume of 12,393 shares, compared to its average volume of 66,751. The business has a 50 day simple moving average of $21.29 and a two-hundred day simple moving average of $20.90. Mexico Fund, Inc. has a 1-year low of $16.22 and a 1-year high of $23.00.

Mexico Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 22nd were paid a $0.35 dividend. The ex-dividend date was Wednesday, April 22nd. This represents a $1.40 annualized dividend and a dividend yield of 6.5%.

Institutional Investors Weigh In On Mexico Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Saba Capital Management L.P. boosted its position in Mexico Fund by 4.3% in the 1st quarter. Saba Capital Management L.P. now owns 1,764,332 shares of the investment management company’s stock valued at $36,927,000 after buying an additional 73,032 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Mexico Fund by 2.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 981,733 shares of the investment management company’s stock valued at $20,548,000 after acquiring an additional 27,983 shares in the last quarter. Altium Capital Management LLC increased its position in shares of Mexico Fund by 165.5% during the first quarter. Altium Capital Management LLC now owns 128,185 shares of the investment management company’s stock worth $2,683,000 after acquiring an additional 79,898 shares during the last quarter. North Ground Capital increased its position in shares of Mexico Fund by 309.2% during the fourth quarter. North Ground Capital now owns 126,312 shares of the investment management company’s stock worth $2,544,000 after acquiring an additional 95,443 shares during the last quarter. Finally, Uhlmann Price Securities LLC lifted its stake in shares of Mexico Fund by 1.9% in the first quarter. Uhlmann Price Securities LLC now owns 107,154 shares of the investment management company’s stock worth $2,243,000 after acquiring an additional 2,013 shares in the last quarter.

About Mexico Fund

(Get Free Report)

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.