Saba Capital Management, L.P. Purchases 6,700 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 6,700 shares of the stock in a transaction dated Thursday, May 28th. The shares were acquired at an average price of $22.16 per share, for a total transaction of $148,472.00. Following the acquisition, the insider directly owned 2,072,623 shares of the company’s stock, valued at $45,929,325.68. This represents a 0.32% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% 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 Friday, May 29th, Saba Capital Management, L.P. purchased 18,466 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.17 per share, for a total transaction of $409,391.22.
On Wednesday, May 27th, Saba Capital Management, L.P. purchased 44,608 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.27 per share, for a total transaction of $993,420.16.
On Tuesday, May 26th, Saba Capital Management, L.P. purchased 14,402 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.99 per share, for a total transaction of $316,699.98.
On Thursday, May 21st, Saba Capital Management, L.P. purchased 7,166 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.67 per share, for a total transaction of $155,287.22.
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, for a total transaction of $99,944.80.
On Tuesday, May 19th, Saba Capital Management, L.P. purchased 22,914 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.58 per share, for a total transaction of $494,484.12.
On Monday, May 18th, Saba Capital Management, L.P. purchased 18,586 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.59 per share, for a total transaction of $401,271.74.
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. bought 15,148 shares of Mexico Fund stock. The stock was bought at an average price of $22.13 per share, with a total value of $335,225.24.

Mexico Fund Trading Up 1.0%

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

Mexico Fund Announces Dividend

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

Institutional Investors Weigh In On Mexico Fund

A number of institutional investors have recently modified their holdings of the stock. Saba Capital Management L.P. boosted its stake in shares of Mexico Fund by 4.3% during 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 period. Allspring Global Investments Holdings LLC boosted its stake in shares of Mexico Fund by 2.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 981,733 shares of the investment management company’s stock valued at $20,548,000 after buying an additional 27,983 shares during the period. Calamos Advisors LLC boosted its stake in shares of Mexico Fund by 13.5% during the 1st quarter. Calamos Advisors LLC now owns 21,299 shares of the investment management company’s stock valued at $446,000 after buying an additional 2,535 shares during the period. Altium Capital Management LLC boosted its stake in shares of Mexico Fund by 165.5% during the 1st quarter. Altium Capital Management LLC now owns 128,185 shares of the investment management company’s stock valued at $2,683,000 after buying an additional 79,898 shares during the period. Finally, Uhlmann Price Securities LLC boosted its stake in shares of Mexico Fund by 1.9% during the 1st quarter. Uhlmann Price Securities LLC now owns 107,154 shares of the investment management company’s stock valued at $2,243,000 after buying an additional 2,013 shares during the period.

Mexico Fund Company Profile

(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.