Saba Capital Management, L.P. Acquires 8,334 Shares of Mexico Fund (NYSE:MXF) Stock

Posted by Trevor Kearing on May 20th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 8,334 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of $22.00 per share, for a total transaction of $183,348.00. Following the completion of the acquisition, the insider directly owned 1,953,637 shares in the company, valued at $42,980,014. The trade was a 0.43% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large 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 Monday, May 18th, Saba Capital Management, L.P. purchased 18,586 shares of Mexico Fund stock. The shares were bought at an average cost of $21.59 per share, for a total transaction of $401,271.74.
On Thursday, May 14th, Saba Capital Management, L.P. purchased 33,108 shares of Mexico Fund stock. The shares were bought 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 bought 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 bought 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 bought 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 bought 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 cost 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 cost of $21.86 per share, for a total transaction of $76,619.30.
On Friday, April 17th, Saba Capital Management, L.P. bought 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 stock was purchased at an average cost of $22.17 per share, for a total transaction of $48,774.00.

Mexico Fund Stock Performance

MXF opened at $21.56 on Wednesday. The firm has a 50-day moving average of $21.27 and a 200 day moving average of $20.88. Mexico Fund, Inc. has a fifty-two week low of $16.22 and a fifty-two week high of $23.00.

Mexico Fund Announces Dividend

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MXF. Farther Finance Advisors LLC raised its stake in shares of Mexico Fund by 775.3% during the fourth quarter. Farther Finance Advisors LLC now owns 1,348 shares of the investment management company’s stock worth $27,000 after acquiring an additional 1,194 shares in the last quarter. Blue Bell Private Wealth Management LLC raised its stake in shares of Mexico Fund by 109.4% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 5,235 shares of the investment management company’s stock worth $105,000 after acquiring an additional 2,735 shares in the last quarter. Alpine Global Management LLC purchased a new position in shares of Mexico Fund during the third quarter worth approximately $265,000. Calamos Advisors LLC raised its stake in shares of Mexico Fund by 32.1% during the fourth quarter. Calamos Advisors LLC now owns 18,764 shares of the investment management company’s stock worth $378,000 after acquiring an additional 4,563 shares in the last quarter. Finally, Scotia Capital Inc. raised its stake in shares of 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 acquiring an additional 14,241 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.