Mexico Fund (NYSE:MXF) Major Shareholder Saba Capital Management, L.P. Purchases 22,914 Shares

Posted by Lauren Steadman on May 22nd, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 22,914 shares of the stock in a transaction on Tuesday, May 19th. The stock was bought at an average price of $21.58 per share, for a total transaction of $494,484.12. Following the completion of the transaction, the insider directly owned 1,995,137 shares of the company’s stock, valued at approximately $43,055,056.46. This trade represents a 1.16% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 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 Wednesday, May 20th, Saba Capital Management, L.P. acquired 4,610 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.68 per share, for a total transaction of $99,944.80.
On Monday, May 18th, Saba Capital Management, L.P. acquired 18,586 shares of Mexico Fund stock. The shares were purchased 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. acquired 8,334 shares of Mexico Fund stock. The shares were purchased 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. acquired 33,108 shares of Mexico Fund stock. The shares were purchased 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. acquired 15,148 shares of Mexico Fund stock. The shares were purchased 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. acquired 9,000 shares of Mexico Fund stock. The shares were purchased 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. acquired 3,000 shares of Mexico Fund stock. The shares were purchased 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. acquired 217 shares of Mexico Fund stock. The shares were purchased 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. bought 100,000 shares of Mexico Fund stock. The shares were acquired at an average price of $21.83 per share, for a total transaction of $2,183,000.00.
On Tuesday, April 21st, Saba Capital Management, L.P. bought 3,505 shares of Mexico Fund stock. The shares were acquired at an average price of $21.86 per share, for a total transaction of $76,619.30.

Mexico Fund Stock Performance

Shares of MXF stock opened at $21.65 on Friday. The stock’s fifty day moving average is $21.30 and its 200-day moving average is $20.92. Mexico Fund, Inc. has a 52 week low of $16.22 and a 52 week high of $23.00.

Mexico Fund Dividend Announcement

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

Institutional Trading of Mexico Fund

Several hedge funds have recently modified their holdings of MXF. Saba Capital Management L.P. grew its stake in shares of 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 purchasing an additional 413,606 shares during the last quarter. Marex Group plc bought a new stake in shares of Mexico Fund during the fourth quarter valued at approximately $1,926,000. North Ground Capital grew its stake in shares of Mexico Fund by 309.2% during the fourth quarter. North Ground Capital now owns 126,312 shares of the investment management company’s stock valued at $2,544,000 after purchasing an additional 95,443 shares during the last quarter. Altium Capital Management LLC grew its stake in shares of Mexico Fund by 165.5% during the first quarter. Altium Capital Management LLC now owns 128,185 shares of the investment management company’s stock valued at $2,683,000 after purchasing an additional 79,898 shares during the last quarter. Finally, Alpine Global Management LLC grew its stake in shares of Mexico Fund by 356.7% during the fourth 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 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.