Mexico Fund (NYSE:MXF) Stock: Insider Saba Capital Management, L.P. Acquires 16,035 Shares

Posted by Alphonse Anthony on Nov 12th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 16,035 shares of the stock in a transaction that occurred on Wednesday, October 21st. The shares were acquired at an average price of $20.42 per share, for a total transaction of $327,434.70. Following the completion of the transaction, the insider directly owned 2,422,660 shares of the company’s stock, valued at $49,470,717.20. The trade was a 0.67% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 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 Monday, November 9th, Saba Capital Management, L.P. acquired 4,365 shares of Mexico Fund stock. The stock was acquired at an average price of $21.06 per share, with a total value of $91,926.90.
On Friday, November 6th, Saba Capital Management, L.P. bought 18,250 shares of Mexico Fund stock. The stock was acquired at an average cost of $20.75 per share, for a total transaction of $378,687.50.
On Thursday, November 5th, Saba Capital Management, L.P. bought 24,115 shares of Mexico Fund stock. The shares were bought at an average price of $20.72 per share, for a total transaction of $499,662.80.
On Wednesday, November 4th, Saba Capital Management, L.P. bought 15,011 shares of Mexico Fund stock. The shares were bought at an average price of $20.95 per share, for a total transaction of $314,480.45.
On Tuesday, November 3rd, Saba Capital Management, L.P. purchased 13,804 shares of Mexico Fund stock. The stock was bought at an average price of $20.54 per share, with a total value of $283,534.16.
On Monday, November 2nd, Saba Capital Management, L.P. purchased 200 shares of Mexico Fund stock. The stock was bought at an average cost of $20.51 per share, with a total value of $4,102.00.
On Friday, October 30th, Saba Capital Management, L.P. acquired 15,143 shares of Mexico Fund stock. The shares were bought at an average price of $20.25 per share, for a total transaction of $306,645.75.
On Thursday, October 29th, Saba Capital Management, L.P. acquired 23,901 shares of Mexico Fund stock. The shares were bought at an average cost of $20.11 per share, for a total transaction of $480,649.11.
On Wednesday, October 28th, Saba Capital Management, L.P. bought 1,121 shares of Mexico Fund stock. The stock was bought at an average price of $20.13 per share, with a total value of $22,565.73.
On Thursday, October 22nd, Saba Capital Management, L.P. bought 2,000 shares of Mexico Fund stock. The stock was bought at an average cost of $20.14 per share, with a total value of $40,280.00.

Mexico Fund Stock Up 1.0%

Shares of MXF opened at $21.31 on Thursday. Mexico Fund, Inc. has a 52-week low of $18.62 and a 52-week high of $23.00. The stock has a fifty day simple moving average of $20.69 and a two-hundred day simple moving average of $21.42.

Mexico Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 21st were issued a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.6%.

Recent Mexico Fund Headlines

Here are a few of the latest headlines about MXF:

Positive Sentiment: Saba disclosed a series of MXF purchases from October 14 through November 9, including 4,365 shares bought most recently at an average $21.06. Its reported holdings reached 2,540,570 shares. Sustained buying by a major shareholder can signal confidence in the fund and provide a supportive sentiment cue, though it does not guarantee future performance. Saba Capital purchase report

Hedge Funds Weigh In On Mexico Fund

Institutional investors have recently bought and sold shares of the company. City of London Investment Management Co. Ltd. boosted its holdings in Mexico Fund by 0.6% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 3,230,491 shares of the investment management company’s stock valued at $65,870,000 after purchasing an additional 19,166 shares during the last quarter. Saba Capital Management L.P. grew its stake in shares of Mexico Fund by 4.3% in the 1st 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 buying an additional 73,032 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in shares of Mexico Fund by 2.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 981,733 shares of the investment management company’s stock worth $20,548,000 after buying an additional 27,983 shares during the last quarter. Almitas Capital LLC acquired a new stake in shares of Mexico Fund during the 2nd quarter worth approximately $3,736,000. Finally, North Ground Capital acquired a new stake in shares of Mexico Fund during the 2nd quarter worth approximately $2,981,931.

About Mexico Fund

(Get Free Report)

The Mexico Fund, Inc. is a closed-end investment company that seeks long-term capital appreciation by investing primarily in equity securities of Mexican companies. Its portfolio provides investors with exposure to businesses operating in Mexico across a range of industries. Established in 1981, the fund is focused on the Mexican market rather than operating businesses or providing products and services directly. Its investment adviser is Impulsora del Fondo México, S.A. de C.V.