Saba Capital Management, L.P. Buys 18,466 Shares of Mexico Fund (NYSE:MXF) Stock

Posted by Francis Steltz on Jun 3rd, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 18,466 shares of the company’s stock in a transaction on Friday, May 29th. The shares were purchased at an average cost of $22.17 per share, with a total value of $409,391.22. Following the transaction, the insider directly owned 2,091,089 shares in the company, valued at $46,359,443.13. This trade represents a 0.89% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Major shareholders that own more than 10% 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 Thursday, May 28th, Saba Capital Management, L.P. purchased 6,700 shares of Mexico Fund stock. The shares were purchased at an average cost of $22.16 per share, with a total value of $148,472.00.
On Wednesday, May 27th, Saba Capital Management, L.P. purchased 44,608 shares of Mexico Fund stock. The shares were purchased at an average cost of $22.27 per share, with a total value of $993,420.16.
On Tuesday, May 26th, Saba Capital Management, L.P. purchased 14,402 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.99 per share, with a total value of $316,699.98.
On Thursday, May 21st, Saba Capital Management, L.P. purchased 7,166 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.67 per share, with a total value of $155,287.22.
On Wednesday, May 20th, Saba Capital Management, L.P. bought 4,610 shares of Mexico Fund stock. The stock was bought at an average cost of $21.68 per share, with a total value of $99,944.80.
On Tuesday, May 19th, Saba Capital Management, L.P. bought 22,914 shares of Mexico Fund stock. The stock was bought at an average cost of $21.58 per share, with a total value of $494,484.12.
On Monday, May 18th, Saba Capital Management, L.P. bought 18,586 shares of Mexico Fund stock. The stock was bought at an average cost of $21.59 per share, with a total value of $401,271.74.
On Friday, May 15th, Saba Capital Management, L.P. bought 8,334 shares of Mexico Fund stock. The stock was bought at an average cost of $22.00 per share, with a total value of $183,348.00.
On Thursday, May 14th, Saba Capital Management, L.P. bought 33,108 shares of Mexico Fund stock. The stock was bought at an average cost of $22.00 per share, with a total value 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.

Mexico Fund Stock Up 1.0%

NYSE:MXF opened at $22.23 on Wednesday. The company has a 50-day moving average price of $21.53 and a 200-day moving average price of $21.05. Mexico Fund, Inc. has a 12 month low of $16.43 and a 12 month high of $23.00.

Mexico Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 22nd were given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend was Wednesday, April 22nd.

Institutional Investors Weigh In On Mexico Fund

Several institutional investors and hedge funds have recently modified their holdings of MXF. Saba Capital Management L.P. lifted its position in shares of Mexico Fund by 32.4% in the 4th quarter. Saba Capital Management L.P. now owns 1,691,300 shares of the investment management company’s stock worth $34,063,000 after purchasing an additional 413,606 shares during the period. Marex Group plc bought a new position in shares of Mexico Fund in the 4th quarter worth about $1,926,000. North Ground Capital increased its stake in shares of Mexico Fund by 309.2% in the 4th 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 in the last quarter. Altium Capital Management LLC increased its stake in shares of Mexico Fund by 165.5% in the 1st 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 in the last quarter. Finally, Alpine Global Management LLC increased its stake in shares of Mexico Fund by 356.7% in the 4th quarter. Alpine Global Management LLC now owns 61,431 shares of the investment management company’s stock worth $1,237,000 after acquiring an additional 47,979 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.

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Insider Buying and Selling by Quarter for Mexico Fund (NYSE:MXF)

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