Saba Capital Management, L.P. Purchases 44,608 Shares of Mexico Fund (NYSE:MXF) Stock

Posted by Wayne Rhoads on May 30th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 44,608 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was purchased at an average price of $22.27 per share, with a total value of $993,420.16. Following the transaction, the insider owned 2,065,923 shares in the company, valued at $46,008,105.21. This represents a 2.21% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major 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 Tuesday, May 26th, Saba Capital Management, L.P. acquired 14,402 shares of Mexico Fund stock. The stock was purchased at an average price of $21.99 per share, with a total value of $316,699.98.
On Thursday, May 21st, Saba Capital Management, L.P. acquired 7,166 shares of Mexico Fund stock. The stock was purchased at an average price of $21.67 per share, with a total value of $155,287.22.
On Wednesday, May 20th, Saba Capital Management, L.P. acquired 4,610 shares of Mexico Fund stock. The stock was purchased at an average price of $21.68 per share, with a total value of $99,944.80.
On Tuesday, May 19th, Saba Capital Management, L.P. acquired 22,914 shares of Mexico Fund stock. The stock was purchased at an average price of $21.58 per share, with a total value of $494,484.12.
On Monday, May 18th, Saba Capital Management, L.P. acquired 18,586 shares of Mexico Fund stock. The stock was purchased at an average price of $21.59 per share, with a total value of $401,271.74.
On Friday, May 15th, Saba Capital Management, L.P. acquired 8,334 shares of Mexico Fund stock. The stock was purchased at an average price of $22.00 per share, with a total value of $183,348.00.
On Thursday, May 14th, Saba Capital Management, L.P. acquired 33,108 shares of Mexico Fund stock. The stock was purchased at an average price of $22.00 per share, with a total value of $728,376.00.
On Wednesday, May 13th, Saba Capital Management, L.P. acquired 15,148 shares of Mexico Fund stock. The stock was purchased at an average price of $22.13 per share, with a total value of $335,225.24.
On Tuesday, May 12th, Saba Capital Management, L.P. acquired 9,000 shares of Mexico Fund stock. The stock was purchased at an average price of $22.01 per share, with a total value of $198,090.00.
On Thursday, May 7th, Saba Capital Management, L.P. acquired 3,000 shares of Mexico Fund stock. The stock was purchased at an average price of $21.82 per share, with a total value of $65,460.00.

Mexico Fund Trading Down 1.0%

MXF stock opened at $22.13 on Friday. The stock has a 50-day moving average price of $21.49 and a two-hundred day moving average price of $21.02. Mexico Fund, Inc. has a 1 year low of $16.43 and a 1 year high of $23.00.

Mexico Fund Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date was Wednesday, April 22nd.

Hedge Funds Weigh In On Mexico Fund

A number of large investors have recently added to or reduced their stakes in the company. Saba Capital Management L.P. increased its holdings in Mexico Fund by 4.3% during the 1st quarter. Saba Capital Management L.P. now owns 1,764,332 shares of the investment management company’s stock worth $36,927,000 after purchasing an additional 73,032 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in 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 purchasing an additional 27,983 shares in the last quarter. Calamos Advisors LLC increased its holdings in Mexico Fund by 13.5% during the 1st quarter. Calamos Advisors LLC now owns 21,299 shares of the investment management company’s stock worth $446,000 after purchasing an additional 2,535 shares in the last quarter. Altium Capital Management LLC increased its holdings in Mexico Fund by 165.5% during the 1st quarter. Altium Capital Management LLC now owns 128,185 shares of the investment management company’s stock worth $2,683,000 after purchasing an additional 79,898 shares in the last quarter. Finally, Uhlmann Price Securities LLC increased its holdings in Mexico Fund by 1.9% during the 1st quarter. Uhlmann Price Securities LLC now owns 107,154 shares of the investment management company’s stock worth $2,243,000 after purchasing an additional 2,013 shares in the last quarter.

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.