Insider Buying: Mexico Fund (NYSE:MXF) Major Shareholder Buys $323,897.52 in Stock

Posted by ABMN Staff on Jun 28th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 15,051 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was bought at an average cost of $21.52 per share, with a total value of $323,897.52. Following the completion of the purchase, the insider owned 2,255,034 shares of the company’s stock, valued at approximately $48,528,331.68. This represents a 0.67% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Wednesday, June 24th, Saba Capital Management, L.P. bought 5,100 shares of Mexico Fund stock. The stock was purchased at an average price of $21.31 per share, with a total value of $108,681.00.
On Thursday, June 18th, Saba Capital Management, L.P. purchased 1,261 shares of Mexico Fund stock. The shares were purchased at an average cost of $22.19 per share, for a total transaction of $27,981.59.
On Wednesday, June 17th, Saba Capital Management, L.P. purchased 4,037 shares of Mexico Fund stock. The stock was purchased at an average price of $22.23 per share, for a total transaction of $89,742.51.
On Friday, June 12th, Saba Capital Management, L.P. acquired 29,500 shares of Mexico Fund stock. The shares were purchased at an average price of $22.30 per share, with a total value of $657,850.00.
On Thursday, June 11th, Saba Capital Management, L.P. bought 5,117 shares of Mexico Fund stock. The stock was purchased at an average price of $21.60 per share, for a total transaction of $110,527.20.
On Wednesday, June 10th, Saba Capital Management, L.P. purchased 11,081 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.39 per share, with a total value of $237,022.59.
On Tuesday, June 9th, Saba Capital Management, L.P. purchased 3,600 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.14 per share, with a total value of $76,104.00.
On Friday, June 5th, Saba Capital Management, L.P. acquired 19,906 shares of Mexico Fund stock. The shares were acquired at an average price of $21.64 per share, for a total transaction of $430,765.84.
On Thursday, June 4th, Saba Capital Management, L.P. acquired 32,102 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.61 per share, for a total transaction of $693,724.22.
On Wednesday, June 3rd, Saba Capital Management, L.P. acquired 31,949 shares of Mexico Fund stock. The stock was acquired at an average cost of $22.16 per share, for a total transaction of $707,989.84.

Mexico Fund Trading Down 0.4%

Shares of NYSE MXF opened at $21.62 on Friday. The company has a 50-day moving average price of $21.77 and a 200-day moving average price of $21.38. Mexico Fund, Inc. has a 1 year low of $16.57 and a 1 year high of $23.00.

Mexico Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Wednesday, July 22nd will be given a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $1.40 annualized dividend and a yield of 6.5%.

Institutional Trading of Mexico Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MXF. Farther Finance Advisors LLC lifted its holdings 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 purchasing an additional 1,194 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its holdings 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 buying an additional 2,735 shares in the last quarter. Alpine Global Management LLC bought a new stake in Mexico Fund during the third quarter worth $265,000. Calamos Advisors LLC raised its position in Mexico Fund by 32.1% in the 4th 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 last quarter. Finally, Scotia Capital Inc. raised its position in Mexico Fund by 127.8% in the 3rd 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 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.