Mexico Fund (NYSE:MXF) Major Shareholder Buys $155,287.22 in Stock

Posted by Chris Copeland on May 26th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 7,166 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were purchased at an average cost of $21.67 per share, for a total transaction of $155,287.22. Following the purchase, the insider directly owned 2,006,913 shares in the company, valued at $43,489,804.71. This trade represents a 0.36% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% 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, May 20th, Saba Capital Management, L.P. purchased 4,610 shares of Mexico Fund stock. The shares were purchased 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 shares were purchased 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 shares were purchased at an average cost of $21.59 per share, for a total transaction of $401,271.74.
On Friday, May 15th, Saba Capital Management, L.P. purchased 8,334 shares of Mexico Fund stock. The shares were purchased at an average cost of $22.00 per share, for a total transaction of $183,348.00.
On Thursday, May 14th, Saba Capital Management, L.P. purchased 33,108 shares of Mexico Fund stock. The shares were purchased at an average cost of $22.00 per share, for a total transaction of $728,376.00.
On Wednesday, May 13th, Saba Capital Management, L.P. purchased 15,148 shares of Mexico Fund stock. The shares were purchased at an average cost of $22.13 per share, for a total transaction of $335,225.24.
On Tuesday, May 12th, Saba Capital Management, L.P. purchased 9,000 shares of Mexico Fund stock. The shares were purchased at an average cost of $22.01 per share, for a total transaction of $198,090.00.
On Thursday, May 7th, Saba Capital Management, L.P. purchased 3,000 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.82 per share, for a total transaction of $65,460.00.
On Friday, May 1st, Saba Capital Management, L.P. purchased 217 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.33 per share, for a total transaction of $4,628.61.
On Wednesday, April 22nd, Saba Capital Management, L.P. purchased 100,000 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.83 per share, for a total transaction of $2,183,000.00.

Mexico Fund Stock Performance

Mexico Fund stock traded up $0.28 during midday trading on Tuesday, hitting $21.98. 64,246 shares of the stock were exchanged, compared to its average volume of 66,645. Mexico Fund, Inc. has a 1 year low of $16.43 and a 1 year high of $23.00. The company has a 50 day moving average price of $21.34 and a two-hundred day moving average price of $20.95.

Mexico Fund Announces Dividend

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

Institutional Investors Weigh In On Mexico Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Altium Capital Management LLC bought a new stake in shares of Mexico Fund in the 4th quarter worth about $972,000. Allspring Global Investments Holdings LLC increased its position in shares of Mexico Fund by 2.9% in the 1st 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. Calamos Advisors LLC increased its position in shares of Mexico Fund by 13.5% in the 1st quarter. Calamos Advisors LLC now owns 21,299 shares of the investment management company’s stock worth $446,000 after purchasing an additional 2,535 shares during the last quarter. Uhlmann Price Securities LLC increased its position in shares of Mexico Fund by 1.9% in the 1st 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. Finally, Sit Investment Associates Inc. increased its position in shares of Mexico Fund by 144.8% in the 4th quarter. Sit Investment Associates Inc. now owns 49,669 shares of the investment management company’s stock worth $1,000,000 after purchasing an additional 29,377 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.