Insider Buying: Mexico Fund (NYSE:MXF) Major Shareholder Buys 10,800 Shares of Stock

Posted by Chris Copeland on Apr 3rd, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 10,800 shares of the business’s stock in a transaction dated Thursday, April 2nd. The shares were purchased at an average price of $21.28 per share, with a total value of $229,824.00. Following the acquisition, the insider directly owned 1,775,132 shares in the company, valued at approximately $37,774,808.96. The trade was a 0.61% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Large shareholders that own more than 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, March 20th, Saba Capital Management, L.P. acquired 2,871 shares of Mexico Fund stock. The stock was acquired at an average price of $19.83 per share, for a total transaction of $56,931.93.
On Wednesday, March 18th, Saba Capital Management, L.P. acquired 5,000 shares of Mexico Fund stock. The stock was acquired at an average price of $20.38 per share, with a total value of $101,900.00.
On Friday, March 13th, Saba Capital Management, L.P. bought 2,600 shares of Mexico Fund stock. The shares were acquired at an average cost of $20.21 per share, with a total value of $52,546.00.
On Thursday, March 12th, Saba Capital Management, L.P. bought 456 shares of Mexico Fund stock. The stock was acquired at an average price of $20.35 per share, for a total transaction of $9,279.60.
On Tuesday, March 10th, Saba Capital Management, L.P. acquired 1,005 shares of Mexico Fund stock. The shares were acquired at an average cost of $20.94 per share, with a total value of $21,044.70.
On Thursday, March 5th, Saba Capital Management, L.P. acquired 4,480 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.34 per share, with a total value of $95,603.20.
On Friday, February 13th, Saba Capital Management, L.P. acquired 32,126 shares of Mexico Fund stock. The stock was bought at an average price of $22.69 per share, for a total transaction of $728,938.94.
On Thursday, January 29th, Saba Capital Management, L.P. bought 3,115 shares of Mexico Fund stock. The stock was bought at an average cost of $21.97 per share, for a total transaction of $68,436.55.
On Monday, January 26th, Saba Capital Management, L.P. bought 1,000 shares of Mexico Fund stock. The shares were bought at an average cost of $21.50 per share, with a total value of $21,500.00.
On Wednesday, January 21st, Saba Capital Management, L.P. purchased 550 shares of Mexico Fund stock. The shares were bought at an average price of $21.29 per share, with a total value of $11,709.50.

Mexico Fund Price Performance

Shares of Mexico Fund stock traded down $0.10 on Friday, reaching $21.28. The company had a trading volume of 42,630 shares, compared to its average volume of 48,350. The firm’s 50 day moving average price is $21.54 and its two-hundred day moving average price is $20.29. Mexico Fund, Inc. has a 52-week low of $13.10 and a 52-week high of $23.00.

Mexico Fund Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 22nd will be given a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $1.40 dividend on an annualized basis and a yield of 6.6%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of MXF. North Ground Capital purchased a new stake in shares of Mexico Fund in the 3rd quarter valued at $608,000. Blue Bell Private Wealth Management LLC boosted its holdings in Mexico Fund by 92.3% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 2,500 shares of the investment management company’s stock valued at $49,000 after acquiring an additional 1,200 shares during the period. Calamos Advisors LLC grew its position in Mexico Fund by 21.7% in the 3rd quarter. Calamos Advisors LLC now owns 14,201 shares of the investment management company’s stock valued at $280,000 after acquiring an additional 2,535 shares in the last quarter. Quantedge Capital Pte Ltd increased its stake in Mexico Fund by 3.7% during the second quarter. Quantedge Capital Pte Ltd now owns 130,134 shares of the investment management company’s stock worth $2,286,000 after purchasing an additional 4,650 shares during the period. Finally, Scotia Capital Inc. purchased a new stake in Mexico Fund during the second quarter worth about $196,000.

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.