Mexico Fund (NYSE:MXF) Major Shareholder Acquires $52,546.00 in Stock

Posted by Nicole Kennedy on Mar 16th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. bought 2,600 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were purchased at an average cost of $20.21 per share, with a total value of $52,546.00. Following the acquisition, the insider directly owned 1,739,162 shares of the company’s stock, valued at approximately $35,148,464.02. This represents a 0.15% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major 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 Thursday, March 12th, Saba Capital Management, L.P. purchased 456 shares of Mexico Fund stock. The stock was acquired at an average price of $20.35 per share, for a total transaction of $9,279.60.
On Tuesday, March 10th, Saba Capital Management, L.P. purchased 1,005 shares of Mexico Fund stock. The shares were acquired at an average cost of $20.94 per share, for a total transaction of $21,044.70.
On Thursday, March 5th, Saba Capital Management, L.P. acquired 4,480 shares of Mexico Fund stock. The stock was acquired at an average price of $21.34 per share, with a total value of $95,603.20.
On Friday, February 13th, Saba Capital Management, L.P. acquired 32,126 shares of Mexico Fund stock. The stock was acquired at an average cost of $22.69 per share, with a total value of $728,938.94.
On Thursday, January 29th, Saba Capital Management, L.P. bought 3,115 shares of Mexico Fund stock. The shares were acquired 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 shares were acquired 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 shares were acquired at an average cost of $21.29 per share, for a total transaction of $11,709.50.
On Monday, January 12th, Saba Capital Management, L.P. purchased 2,520 shares of Mexico Fund stock. The stock was acquired at an average price 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 stock was bought at an average price of $20.24 per share, with a total value 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.

Mexico Fund Price Performance

Mexico Fund stock traded up $0.33 during mid-day trading on Monday, reaching $20.43. 49,110 shares of the company were exchanged, compared to its average volume of 77,451. The company has a fifty day simple moving average of $21.64 and a 200-day simple moving average of $20.11. Mexico Fund, Inc. has a 12 month low of $13.10 and a 12 month high of $23.00.

Mexico Fund Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 22nd will be given a $0.35 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.9%.

Institutional Investors Weigh In On Mexico Fund

Several institutional investors and hedge funds have recently bought and sold shares of MXF. Uhlmann Price Securities LLC lifted its holdings in shares of Mexico Fund by 1.0% during the 4th quarter. Uhlmann Price Securities LLC now owns 105,141 shares of the investment management company’s stock worth $2,118,000 after acquiring an additional 1,074 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Mexico Fund by 775.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,348 shares of the investment management company’s stock worth $27,000 after buying an additional 1,194 shares in the last quarter. Blue Bell Private Wealth Management LLC lifted its position in shares of Mexico Fund by 92.3% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 2,500 shares of the investment management company’s stock worth $49,000 after buying an additional 1,200 shares during the last quarter. Calamos Advisors LLC lifted its position in shares of Mexico Fund by 21.7% during the 3rd quarter. Calamos Advisors LLC now owns 14,201 shares of the investment management company’s stock worth $280,000 after buying an additional 2,535 shares during the last quarter. Finally, Quantedge Capital Pte Ltd boosted its stake in Mexico Fund by 3.7% in the second quarter. Quantedge Capital Pte Ltd now owns 130,134 shares of the investment management company’s stock valued at $2,286,000 after buying an additional 4,650 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.