Mexico Fund (NYSE:MXF) Major Shareholder Saba Capital Management, L.P. Purchases 18,586 Shares of Stock

Posted by Francis Steltz on May 20th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 18,586 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were acquired at an average cost of $21.59 per share, for a total transaction of $401,271.74. Following the acquisition, the insider owned 1,972,223 shares of the company’s stock, valued at approximately $42,580,294.57. The trade was a 0.95% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Friday, May 15th, Saba Capital Management, L.P. purchased 8,334 shares of Mexico Fund stock. The shares were acquired 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. purchased 33,108 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.00 per share, for a total transaction of $728,376.00.
On Wednesday, May 13th, Saba Capital Management, L.P. purchased 15,148 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.13 per share, for a total transaction of $335,225.24.
On Tuesday, May 12th, Saba Capital Management, L.P. purchased 9,000 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.01 per share, for a total transaction of $198,090.00.
On Thursday, May 7th, Saba Capital Management, L.P. purchased 3,000 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.82 per share, for a total transaction of $65,460.00.
On Friday, May 1st, Saba Capital Management, L.P. purchased 217 shares of Mexico Fund stock. The shares were acquired at an average cost 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 acquired 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 shares were acquired at an average cost of $21.86 per share, for a total transaction of $76,619.30.
On Friday, April 17th, Saba Capital Management, L.P. purchased 179 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.00 per share, for a total transaction of $3,938.00.
On Wednesday, April 8th, Saba Capital Management, L.P. purchased 2,200 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.17 per share, for a total transaction of $48,774.00.

Mexico Fund Stock Down 0.4%

MXF opened at $21.56 on Wednesday. The business’s 50 day moving average is $21.27 and its 200-day moving average is $20.88. Mexico Fund, Inc. has a twelve month low of $16.22 and a twelve month high of $23.00.

Mexico Fund Dividend Announcement

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

Institutional Investors Weigh In On Mexico Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MXF. North Ground Capital bought a new stake in Mexico Fund during the third quarter worth approximately $608,000. Uhlmann Price Securities LLC raised its holdings in Mexico Fund by 2.5% during the third quarter. Uhlmann Price Securities LLC now owns 104,067 shares of the investment management company’s stock worth $2,050,000 after purchasing an additional 2,583 shares in the last quarter. Scotia Capital Inc. raised its holdings in Mexico Fund by 127.8% during the third quarter. Scotia Capital Inc. now owns 25,381 shares of the investment management company’s stock worth $500,000 after purchasing an additional 14,241 shares in the last quarter. Verition Fund Management LLC raised its holdings in Mexico Fund by 21.7% during the third quarter. Verition Fund Management LLC now owns 99,508 shares of the investment management company’s stock worth $1,960,000 after purchasing an additional 17,747 shares in the last quarter. Finally, Alpine Global Management LLC bought a new stake in Mexico Fund during the third quarter worth approximately $265,000.

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.