Mexico Fund (NYSE:MXF) Major Shareholder Saba Capital Management, L.P. Purchases 18,466 Shares of Stock

Posted by ABMN Staff on Jun 3rd, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. bought 18,466 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was purchased at an average price of $22.17 per share, with a total value of $409,391.22. Following the transaction, the insider owned 2,091,089 shares in the company, valued at approximately $46,359,443.13. This represents a 0.89% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 Thursday, May 28th, Saba Capital Management, L.P. bought 6,700 shares of Mexico Fund stock. The stock was purchased at an average price of $22.16 per share, with a total value of $148,472.00.
On Wednesday, May 27th, Saba Capital Management, L.P. bought 44,608 shares of Mexico Fund stock. The stock was purchased at an average price 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 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. bought 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. bought 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. bought 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. bought 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. bought 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. bought 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. bought 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.

Mexico Fund Trading Down 1.2%

Shares of MXF opened at $21.99 on Tuesday. Mexico Fund, Inc. has a 52 week low of $16.43 and a 52 week high of $23.00. The stock has a 50 day moving average of $21.53 and a 200-day moving average of $21.05.

Mexico Fund Dividend Announcement

The business 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. The ex-dividend date was Wednesday, April 22nd. This represents a $1.40 dividend on an annualized basis and a yield of 6.4%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Uhlmann Price Securities LLC boosted its position in Mexico Fund by 1.0% during the 4th quarter. Uhlmann Price Securities LLC now owns 105,141 shares of the investment management company’s stock worth $2,118,000 after acquiring an additional 1,074 shares during the period. Farther Finance Advisors LLC boosted its position in Mexico Fund by 775.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,348 shares of the investment management company’s stock worth $27,000 after acquiring an additional 1,194 shares during the period. Calamos Advisors LLC boosted its position 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 acquiring an additional 2,535 shares during the period. Blue Bell Private Wealth Management LLC boosted its position in Mexico Fund by 109.4% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 5,235 shares of the investment management company’s stock worth $105,000 after acquiring an additional 2,735 shares during the period. Finally, Alpine Global Management LLC acquired a new position in Mexico Fund during the 3rd quarter worth $265,000.

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.