Mexico Fund (NYSE:MXF) Major Shareholder Purchases $520,331.00 in Stock

Posted by Trevor Kearing on Oct 10th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 25,900 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were bought at an average cost of $20.09 per share, with a total value of $520,331.00. Following the completion of the acquisition, the insider directly owned 2,393,834 shares in the company, valued at approximately $48,092,125.06. This represents a 1.09% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% 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 Friday, October 2nd, Saba Capital Management, L.P. bought 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 Thursday, October 1st, Saba Capital Management, L.P. bought 17,921 shares of Mexico Fund stock. The shares were bought at an average cost of $20.00 per share, for a total transaction of $358,420.00.
On Wednesday, September 30th, Saba Capital Management, L.P. purchased 1,238 shares of Mexico Fund stock. The shares were bought at an average price of $20.39 per share, with a total value of $25,242.82.
On Monday, September 28th, Saba Capital Management, L.P. purchased 4,133 shares of Mexico Fund stock. The stock was bought at an average cost of $20.74 per share, with a total value of $85,718.42.
On Friday, September 25th, Saba Capital Management, L.P. purchased 834 shares of Mexico Fund stock. The stock was bought at an average cost of $20.74 per share, with a total value of $17,297.16.
On Thursday, September 24th, Saba Capital Management, L.P. acquired 1,049 shares of Mexico Fund stock. The shares were bought 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. acquired 28,464 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.02 per share, for a total transaction of $598,313.28.
On Tuesday, September 22nd, Saba Capital Management, L.P. bought 110 shares of Mexico Fund stock. The stock was purchased at an average price of $20.90 per share, with a total value of $2,299.00.
On Monday, September 21st, Saba Capital Management, L.P. bought 2,034 shares of Mexico Fund stock. The stock was 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. bought 6,403 shares of Mexico Fund stock. The stock was purchased at an average price of $20.63 per share, with a total value of $132,093.89.

Mexico Fund Price Performance

MXF opened at $20.09 on Friday. The company’s 50-day moving average is $21.24 and its 200 day moving average is $21.49. Mexico Fund, Inc. has a fifty-two week low of $18.30 and a fifty-two week high of $23.00.

Mexico Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, October 21st will be paid a $0.35 dividend. The ex-dividend date is Wednesday, October 21st. This represents a $1.40 annualized dividend and a yield of 7.0%.

Hedge Funds Weigh In On Mexico Fund

Hedge funds have recently modified their holdings of the company. Saba Capital Management L.P. grew its holdings in shares of Mexico Fund by 4.3% in the first 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 acquiring an additional 73,032 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Mexico Fund by 2.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 981,733 shares of the investment management company’s stock worth $20,548,000 after acquiring an additional 27,983 shares during the period. Almitas Capital LLC purchased a new position in Mexico Fund in the second quarter worth $3,736,000. North Ground Capital bought a new position in Mexico Fund in the 2nd quarter valued at $2,981,931. Finally, Altium Capital Management LLC grew its stake in Mexico Fund by 165.5% in 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 purchasing an additional 79,898 shares during the period.

About Mexico Fund

(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.