Mexico Fund (NYSE:MXF) Major Shareholder Saba Capital Management, L.P. Purchases 6,700 Shares

Posted by Joseph Griffin on Jun 3rd, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 6,700 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was bought at an average cost of $22.16 per share, with a total value of $148,472.00. Following the purchase, the insider owned 2,072,623 shares of the company’s stock, valued at $45,929,325.68. This represents a 0.32% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own at least 10% 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, May 29th, Saba Capital Management, L.P. bought 18,466 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.17 per share, with a total value of $409,391.22.
On Wednesday, May 27th, Saba Capital Management, L.P. bought 44,608 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.27 per share, with a total value of $993,420.16.
On Tuesday, May 26th, Saba Capital Management, L.P. bought 14,402 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.99 per share, with a total value of $316,699.98.
On Thursday, May 21st, Saba Capital Management, L.P. bought 7,166 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.67 per share, with a total value of $155,287.22.
On Wednesday, May 20th, Saba Capital Management, L.P. bought 4,610 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.68 per share, with a total value of $99,944.80.
On Tuesday, May 19th, Saba Capital Management, L.P. bought 22,914 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.58 per share, with a total value of $494,484.12.
On Monday, May 18th, Saba Capital Management, L.P. bought 18,586 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.59 per share, with a total value of $401,271.74.
On Friday, May 15th, Saba Capital Management, L.P. bought 8,334 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.00 per share, with a total value of $183,348.00.
On Thursday, May 14th, Saba Capital Management, L.P. bought 33,108 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.00 per share, with a total value of $728,376.00.
On Wednesday, May 13th, Saba Capital Management, L.P. bought 15,148 shares of Mexico Fund stock. The shares were acquired at an average cost of $22.13 per share, with a total value of $335,225.24.

Mexico Fund Price Performance

Shares of NYSE MXF opened at $21.99 on Tuesday. Mexico Fund, Inc. has a 12 month low of $16.43 and a 12 month high of $23.00. The stock has a 50-day moving average price of $21.53 and a two-hundred day moving average price of $21.05.

Mexico Fund Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC increased its stake in shares of Mexico Fund by 775.3% in the fourth quarter. Farther Finance Advisors LLC now owns 1,348 shares of the investment management company’s stock valued at $27,000 after buying an additional 1,194 shares during the period. Blue Bell Private Wealth Management LLC increased its stake in shares of Mexico Fund by 109.4% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 5,235 shares of the investment management company’s stock valued at $105,000 after buying an additional 2,735 shares during the period. Alpine Global Management LLC acquired a new position in shares of Mexico Fund in the third quarter valued at approximately $265,000. Calamos Advisors LLC increased its stake in shares of Mexico Fund by 32.1% in the fourth quarter. Calamos Advisors LLC now owns 18,764 shares of the investment management company’s stock valued at $378,000 after buying an additional 4,563 shares during the period. Finally, Scotia Capital Inc. increased its stake in shares of Mexico Fund by 127.8% in the third quarter. Scotia Capital Inc. now owns 25,381 shares of the investment management company’s stock valued at $500,000 after buying an additional 14,241 shares during the period.

About Mexico Fund

(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.