Mexico Fund (NYSE:MXF) Major Shareholder Saba Capital Management, L.P. Purchases 3,505 Shares

Posted by George Bondi on Apr 24th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. bought 3,505 shares of the business’s stock in a transaction on Tuesday, April 21st. The shares were acquired at an average price of $21.86 per share, for a total transaction of $76,619.30. Following the completion of the purchase, the insider owned 1,784,830 shares in the company, valued at approximately $39,016,383.80. The trade was a 0.20% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Large 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 Wednesday, April 22nd, Saba Capital Management, L.P. purchased 100,000 shares of Mexico Fund stock. The stock was acquired at an average price of $21.83 per share, with a total value of $2,183,000.00.
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. acquired 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.
On Monday, April 6th, Saba Capital Management, L.P. acquired 3,814 shares of Mexico Fund stock. The stock was acquired at an average price of $21.23 per share, with a total value of $80,971.22.
On Thursday, April 2nd, Saba Capital Management, L.P. bought 10,800 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.28 per share, with a total value of $229,824.00.
On Friday, March 20th, Saba Capital Management, L.P. bought 2,871 shares of Mexico Fund stock. The shares were bought at an average price of $19.83 per share, for a total transaction of $56,931.93.
On Wednesday, March 18th, Saba Capital Management, L.P. purchased 5,000 shares of Mexico Fund stock. The shares were bought at an average cost of $20.38 per share, for a total transaction of $101,900.00.
On Friday, March 13th, Saba Capital Management, L.P. purchased 2,600 shares of Mexico Fund stock. The stock was bought at an average price of $20.21 per share, with a total value of $52,546.00.
On Thursday, March 12th, Saba Capital Management, L.P. acquired 456 shares of Mexico Fund stock. The shares were bought at an average cost of $20.35 per share, with a total value of $9,279.60.
On Tuesday, March 10th, Saba Capital Management, L.P. acquired 1,005 shares of Mexico Fund stock. The shares were bought at an average price of $20.94 per share, for a total transaction of $21,044.70.

Mexico Fund Stock Performance

Shares of MXF stock opened at $21.35 on Friday. Mexico Fund, Inc. has a 12-month low of $15.21 and a 12-month high of $23.00. The firm’s 50 day moving average is $21.48 and its 200 day moving average is $20.56.

Mexico Fund Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend is Wednesday, April 22nd.

Institutional Trading of Mexico Fund

Several large investors have recently modified their holdings of MXF. Saba Capital Management L.P. increased its position in Mexico Fund by 32.4% during the fourth quarter. Saba Capital Management L.P. now owns 1,691,300 shares of the investment management company’s stock valued at $34,063,000 after acquiring an additional 413,606 shares during the last quarter. Marex Group plc purchased a new position in Mexico Fund in the fourth quarter worth about $1,926,000. North Ground Capital boosted its position in Mexico Fund by 309.2% in the fourth quarter. North Ground Capital now owns 126,312 shares of the investment management company’s stock worth $2,544,000 after purchasing an additional 95,443 shares during the last quarter. Altium Capital Management LLC bought a new stake in shares of Mexico Fund during the 4th quarter valued at about $972,000. Finally, Alpine Global Management LLC grew its stake in shares of Mexico Fund by 356.7% during the 4th quarter. Alpine Global Management LLC now owns 61,431 shares of the investment management company’s stock valued at $1,237,000 after purchasing an additional 47,979 shares during the period.

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.