Mexico Fund (NYSE:MXF) Major Shareholder Saba Capital Management, L.P. Buys 5,000 Shares

Posted by James Conley on Mar 21st, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were bought at an average price of $20.38 per share, for a total transaction of $101,900.00. Following the completion of the purchase, the insider owned 1,744,162 shares of the company’s stock, valued at approximately $35,546,021.56. This represents a 0.29% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large 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 Friday, March 13th, Saba Capital Management, L.P. bought 2,600 shares of Mexico Fund stock. The stock was bought at an average price 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 shares were bought at an average cost of $20.35 per share, for a total transaction of $9,279.60.
On Tuesday, March 10th, Saba Capital Management, L.P. bought 1,005 shares of Mexico Fund stock. The shares were bought at an average cost of $20.94 per share, for a total transaction of $21,044.70.
On Thursday, March 5th, Saba Capital Management, L.P. purchased 4,480 shares of Mexico Fund stock. The shares were bought at an average price of $21.34 per share, for a total transaction of $95,603.20.
On Friday, February 13th, Saba Capital Management, L.P. purchased 32,126 shares of Mexico Fund stock. The stock was bought at an average cost of $22.69 per share, with a total value of $728,938.94.
On Thursday, January 29th, Saba Capital Management, L.P. acquired 3,115 shares of Mexico Fund stock. The stock was bought at an average price of $21.97 per share, with a total value of $68,436.55.
On Monday, January 26th, Saba Capital Management, L.P. acquired 1,000 shares of Mexico Fund stock. The shares were bought at an average price of $21.50 per share, for a total transaction of $21,500.00.
On Wednesday, January 21st, Saba Capital Management, L.P. acquired 550 shares of Mexico Fund stock. The shares were bought at an average price of $21.29 per share, for a total transaction of $11,709.50.
On Monday, January 12th, Saba Capital Management, L.P. bought 2,520 shares of Mexico Fund stock. The shares were purchased at an average cost of $20.45 per share, for a total transaction of $51,534.00.
On Friday, January 9th, Saba Capital Management, L.P. bought 10 shares of Mexico Fund stock. The stock was purchased at an average price of $20.24 per share, with a total value of $202.40.

Mexico Fund Stock Down 2.4%

Shares of NYSE MXF opened at $19.62 on Friday. The stock has a fifty day moving average price of $21.62 and a two-hundred day moving average price of $20.16. Mexico Fund, Inc. has a 1 year low of $13.10 and a 1 year high of $23.00.

Mexico Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 22nd will be issued a $0.35 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $1.40 annualized dividend and a dividend yield of 7.1%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC raised its position in 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 worth $27,000 after acquiring an additional 1,194 shares in the last quarter. Blue Bell Private Wealth Management LLC boosted its position in shares of 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 purchasing an additional 1,200 shares in the last quarter. Scotia Capital Inc. acquired a new position in shares of Mexico Fund in the 2nd quarter worth approximately $196,000. Alpine Global Management LLC acquired a new position in shares of Mexico Fund in the 3rd quarter worth approximately $265,000. Finally, Calamos Advisors LLC raised its holdings in shares of Mexico Fund by 21.7% in the 3rd quarter. Calamos Advisors LLC now owns 14,201 shares of the investment management company’s stock worth $280,000 after purchasing an additional 2,535 shares in 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.