Mexico Fund (NYSE:MXF) Stock: Insider Saba Capital Management, L.P. Acquires 17,921 Shares

Posted by Latisha Jones on Oct 7th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 17,921 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were bought at an average cost of $20.00 per share, with a total value of $358,420.00. Following the transaction, the insider directly owned 2,366,361 shares of the company’s stock, valued at $47,327,220. The trade was a 0.76% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more 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, October 2nd, Saba Capital Management, L.P. purchased 1,573 shares of Mexico Fund stock. The stock was bought at an average price of $19.74 per share, for a total transaction of $31,051.02.
On Wednesday, September 30th, Saba Capital Management, L.P. acquired 1,238 shares of Mexico Fund stock. The shares were bought at an average cost of $20.39 per share, with a total value of $25,242.82.
On Monday, September 28th, Saba Capital Management, L.P. acquired 4,133 shares of Mexico Fund stock. The shares were purchased at an average price of $20.74 per share, with a total value of $85,718.42.
On Friday, September 25th, Saba Capital Management, L.P. bought 834 shares of Mexico Fund stock. The stock was purchased at an average cost of $20.74 per share, for a total transaction of $17,297.16.
On Thursday, September 24th, Saba Capital Management, L.P. bought 1,049 shares of Mexico Fund stock. The stock was purchased at an average price of $20.69 per share, for a total transaction of $21,703.81.
On Wednesday, September 23rd, Saba Capital Management, L.P. bought 28,464 shares of Mexico Fund stock. The stock was purchased at an average price of $21.02 per share, for a total transaction of $598,313.28.
On Tuesday, September 22nd, Saba Capital Management, L.P. purchased 110 shares of Mexico Fund stock. The shares were purchased at an average cost of $20.90 per share, with a total value of $2,299.00.
On Monday, September 21st, Saba Capital Management, L.P. purchased 2,034 shares of Mexico Fund stock. The shares were purchased at an average price of $21.03 per share, with a total value of $42,775.02.
On Wednesday, September 16th, Saba Capital Management, L.P. purchased 6,403 shares of Mexico Fund stock. The shares were purchased at an average price of $20.63 per share, with a total value of $132,093.89.
On Tuesday, September 15th, Saba Capital Management, L.P. acquired 459 shares of Mexico Fund stock. The stock was purchased at an average price of $20.89 per share, for a total transaction of $9,588.51.

Mexico Fund Stock Up 1.0%

NYSE MXF opened at $20.25 on Wednesday. Mexico Fund, Inc. has a 1-year low of $18.30 and a 1-year high of $23.00. The business’s 50-day simple moving average is $21.34 and its 200-day simple moving average is $21.50.

Mexico Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Wednesday, October 21st will be issued a $0.35 dividend. The ex-dividend date is Wednesday, October 21st. This represents a $1.40 annualized dividend and a yield of 6.9%.

Institutional Investors Weigh In On Mexico Fund

Large investors have recently made changes to their positions in the business. Susquehanna International Group LLP acquired a new position in shares of Mexico Fund during the 2nd quarter valued at $215,000. Public Employees Retirement System of Ohio acquired a new stake in Mexico Fund in the 2nd quarter valued at $2,266,000. Almitas Capital LLC acquired a new stake in Mexico Fund in the 2nd quarter valued at $3,736,000. North Ground Capital purchased a new position in Mexico Fund in the second quarter valued at about $2,981,931. Finally, Hudson Portfolio Management LLC purchased a new position in Mexico Fund in the second quarter valued at about $784,000.

Mexico Fund News Summary

Here are the key news stories impacting Mexico Fund this week:

Positive Sentiment: Quarterly distribution announced: Mexico Fund declared a $0.35-per-share dividend payable October 29 to shareholders of record October 21. The payout equates to $1.40 annually and a roughly 7.0% yield based on the reported trading level, potentially improving MXF’s appeal to income-focused investors. The Mexico Fund stock sets USD 0.35 payout and cuts fees
Positive Sentiment: Expense cap reduced: Recent reports say the fund is cutting its expense cap. Lower operating expenses could improve shareholder returns and make the closed-end fund more attractive, although the articles do not specify the size or effective date of the reduction. Mexico Fund cuts expense cap
Positive Sentiment: Major shareholder continues buying: Saba Capital Management purchased 17,921 shares for $358,420 on October 1 and another 1,573 shares for $31,051 on October 2. Saba’s position reached 2,367,934 shares, signaling continued confidence and potentially supporting the stock. Mexico Fund major shareholder buys stock
Neutral Sentiment: MXF remains below its reported 50-day and 200-day moving averages, suggesting that broader market momentum has not fully turned positive despite the income and shareholder-support catalysts.

Mexico Fund Company Profile

(Get Free Report)

The Mexico Fund, Inc (NYSE: MXF) is a non-diversified, closed-end investment company focused on providing long-term capital appreciation through investments in securities of Mexican companies. The fund primarily invests in publicly traded equities, although it may also hold other investments that provide exposure to Mexico’s economy and financial markets.

MXF offers investors a vehicle for gaining diversified exposure to Mexico across multiple industries and sectors. Its portfolio may include companies that operate in areas such as consumer goods, financial services, telecommunications, industrials, materials, and other segments of the Mexican economy.