Insider Buying: Mexico Fund (NYSE:MXF) Major Shareholder Buys 31,949 Shares of Stock

Posted by Jeff Wilder on Jun 4th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 31,949 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were purchased at an average cost of $22.16 per share, for a total transaction of $707,989.84. Following the completion of the acquisition, the insider directly owned 2,133,379 shares of the company’s stock, valued at $47,275,678.64. This represents a 1.52% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Tuesday, June 2nd, Saba Capital Management, L.P. purchased 9,633 shares of Mexico Fund stock. The shares were purchased at an average cost of $22.24 per share, for a total transaction of $214,237.92.
On Monday, June 1st, Saba Capital Management, L.P. purchased 708 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.90 per share, for a total transaction of $15,505.20.
On Friday, May 29th, Saba Capital Management, L.P. purchased 18,466 shares of Mexico Fund stock. The shares were purchased at an average cost of $22.17 per share, for a total transaction of $409,391.22.
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, for a total transaction 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, 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased at an average cost of $21.59 per share, for a total transaction of $401,271.74.

Mexico Fund Stock Performance

MXF traded down $0.26 during midday trading on Thursday, hitting $21.89. 46,685 shares of the company traded hands, compared to its average volume of 65,512. Mexico Fund, Inc. has a 52-week low of $16.43 and a 52-week high of $23.00. The business has a 50 day simple moving average of $21.62 and a two-hundred day simple moving average of $21.09.

Mexico Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, April 22nd were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend was Wednesday, April 22nd.

Hedge Funds Weigh In On Mexico Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Altium Capital Management LLC purchased a new position in Mexico Fund during the fourth quarter valued at $972,000. Calamos Advisors LLC lifted its holdings in Mexico Fund by 32.1% during the fourth quarter. Calamos Advisors LLC now owns 18,764 shares of the investment management company’s stock valued at $378,000 after purchasing an additional 4,563 shares in the last quarter. Uhlmann Price Securities LLC lifted its holdings in Mexico Fund by 1.0% during the fourth quarter. Uhlmann Price Securities LLC now owns 105,141 shares of the investment management company’s stock valued at $2,118,000 after purchasing an additional 1,074 shares in the last quarter. Alpine Global Management LLC purchased a new position in Mexico Fund during the third quarter valued at $265,000. Finally, Marex Group plc purchased a new position in Mexico Fund during the fourth quarter valued at $1,926,000.

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.