Mexico Fund (NYSE:MXF) Major Shareholder Saba Capital Management, L.P. Purchases 31,949 Shares

Posted by Max Byerly on Jun 4th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 31,949 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was acquired at an average cost of $22.16 per share, for a total transaction of $707,989.84. Following the completion of the purchase, the insider owned 2,133,379 shares of the company’s stock, valued at approximately $47,275,678.64. This represents a 1.52% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 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 Tuesday, June 2nd, Saba Capital Management, L.P. purchased 9,633 shares of Mexico Fund stock. The stock was acquired at an average cost of $22.24 per share, for a total transaction of $214,237.92.
On Monday, June 1st, Saba Capital Management, L.P. purchased 708 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.90 per share, for a total transaction of $15,505.20.
On Friday, May 29th, Saba Capital Management, L.P. purchased 18,466 shares of Mexico Fund stock. The stock was acquired at an average cost of $22.17 per share, for a total transaction of $409,391.22.
On Thursday, May 28th, Saba Capital Management, L.P. purchased 6,700 shares of Mexico Fund stock. The stock was acquired at an average cost of $22.16 per share, for a total transaction of $148,472.00.
On Wednesday, May 27th, Saba Capital Management, L.P. purchased 44,608 shares of Mexico Fund stock. The stock was acquired at an average cost of $22.27 per share, for a total transaction of $993,420.16.
On Tuesday, May 26th, Saba Capital Management, L.P. purchased 14,402 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.99 per share, for a total transaction of $316,699.98.
On Thursday, May 21st, Saba Capital Management, L.P. purchased 7,166 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.67 per share, for a total transaction of $155,287.22.
On Wednesday, May 20th, Saba Capital Management, L.P. purchased 4,610 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.68 per share, for a total transaction of $99,944.80.
On Tuesday, May 19th, Saba Capital Management, L.P. purchased 22,914 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.58 per share, for a total transaction of $494,484.12.
On Monday, May 18th, Saba Capital Management, L.P. purchased 18,586 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.59 per share, for a total transaction of $401,271.74.

Mexico Fund Stock Performance

Shares of NYSE:MXF traded down $0.26 during midday trading on Thursday, hitting $21.89. The company’s stock had a trading volume of 46,685 shares, compared to its average volume of 65,512. The business’s 50 day simple moving average is $21.62 and its 200 day simple moving average is $21.09. Mexico Fund, Inc. has a 12-month low of $16.43 and a 12-month high of $23.00.

Mexico Fund Announces Dividend

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

Institutional Investors Weigh In On Mexico Fund

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

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.