Insider Buying: Mexico Fund (NYSE:MXF) Major Shareholder Purchases 33,108 Shares of Stock

Posted by Andrew Walz on May 18th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 33,108 shares of Mexico Fund stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average cost of $22.00 per share, with a total value of $728,376.00. Following the purchase, the insider directly owned 1,945,303 shares of the company’s stock, valued at $42,796,666. This represents a 1.73% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

On Friday, May 15th, Saba Capital Management, L.P. acquired 8,334 shares of Mexico Fund stock. The stock was acquired at an average cost of $22.00 per share, with a total value of $183,348.00.
On Wednesday, May 13th, Saba Capital Management, L.P. acquired 15,148 shares of Mexico Fund stock. The stock was acquired at an average cost of $22.13 per share, with a total value of $335,225.24.
On Tuesday, May 12th, Saba Capital Management, L.P. acquired 9,000 shares of Mexico Fund stock. The stock was acquired at an average cost of $22.01 per share, with a total value of $198,090.00.
On Thursday, May 7th, Saba Capital Management, L.P. acquired 3,000 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.82 per share, with a total value of $65,460.00.
On Friday, May 1st, Saba Capital Management, L.P. acquired 217 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.33 per share, with a total value of $4,628.61.
On Wednesday, April 22nd, Saba Capital Management, L.P. acquired 100,000 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.83 per share, with a total value of $2,183,000.00.
On Tuesday, April 21st, Saba Capital Management, L.P. acquired 3,505 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.86 per share, with a total value of $76,619.30.
On Friday, April 17th, Saba Capital Management, L.P. acquired 179 shares of Mexico Fund stock. The stock was acquired at an average cost of $22.00 per share, with a total value of $3,938.00.
On Wednesday, April 8th, Saba Capital Management, L.P. purchased 2,200 shares of Mexico Fund stock. The stock was purchased at an average cost of $22.17 per share, for a total transaction of $48,774.00.
On Monday, April 6th, Saba Capital Management, L.P. purchased 3,814 shares of Mexico Fund stock. The stock was purchased at an average cost of $21.23 per share, for a total transaction of $80,971.22.

Mexico Fund Price Performance

NYSE MXF traded up $0.03 on Monday, hitting $21.66. The stock had a trading volume of 94,503 shares, compared to its average volume of 67,429. The business’s fifty day moving average price is $21.25 and its 200 day moving average price is $20.85. Mexico Fund, Inc. has a 52-week low of $16.10 and a 52-week high of $23.00.

Mexico Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, April 22nd were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend was Wednesday, April 22nd.

Hedge Funds Weigh In On Mexico Fund

Several institutional investors and hedge funds have recently bought and sold shares of the company. Saba Capital Management L.P. grew its holdings in Mexico Fund by 4.3% in the first quarter. Saba Capital Management L.P. now owns 1,764,332 shares of the investment management company’s stock worth $36,927,000 after purchasing an additional 73,032 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Mexico Fund by 2.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 981,733 shares of the investment management company’s stock worth $20,548,000 after purchasing an additional 27,983 shares during the last quarter. Altium Capital Management LLC grew its holdings in Mexico Fund by 165.5% in the first quarter. Altium Capital Management LLC now owns 128,185 shares of the investment management company’s stock worth $2,683,000 after purchasing an additional 79,898 shares during the last quarter. North Ground Capital grew its holdings in Mexico Fund by 309.2% in the fourth quarter. North Ground Capital now owns 126,312 shares of the investment management company’s stock worth $2,544,000 after purchasing an additional 95,443 shares during the last quarter. Finally, Uhlmann Price Securities LLC grew its holdings in Mexico Fund by 1.9% in the first quarter. Uhlmann Price Securities LLC now owns 107,154 shares of the investment management company’s stock worth $2,243,000 after purchasing an additional 2,013 shares during the last quarter.

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.