Insider Buying: Mexico Fund (NYSE:MXF) Major Shareholder Buys $676,118.34 in Stock

Posted by Kim Johansen on Nov 13th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. bought 31,698 shares of the business’s stock in a transaction dated Wednesday, November 11th. The shares were acquired at an average cost of $21.33 per share, for a total transaction of $676,118.34. Following the purchase, the insider owned 2,576,030 shares of the company’s stock, valued at approximately $54,946,719.90. The trade was a 1.25% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more 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 Tuesday, November 10th, Saba Capital Management, L.P. purchased 3,762 shares of Mexico Fund stock. The stock was acquired at an average price of $21.05 per share, for a total transaction of $79,190.10.
On Monday, November 9th, Saba Capital Management, L.P. purchased 4,365 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.06 per share, with a total value of $91,926.90.
On Friday, November 6th, Saba Capital Management, L.P. purchased 18,250 shares of Mexico Fund stock. The shares were acquired at an average cost of $20.75 per share, with a total value of $378,687.50.
On Thursday, November 5th, Saba Capital Management, L.P. acquired 24,115 shares of Mexico Fund stock. The shares were acquired at an average price of $20.72 per share, with a total value of $499,662.80.
On Wednesday, November 4th, Saba Capital Management, L.P. acquired 15,011 shares of Mexico Fund stock. The shares were acquired at an average price of $20.95 per share, with a total value of $314,480.45.
On Tuesday, November 3rd, Saba Capital Management, L.P. acquired 13,804 shares of Mexico Fund stock. The stock was acquired at an average cost of $20.54 per share, for a total transaction of $283,534.16.
On Monday, November 2nd, Saba Capital Management, L.P. acquired 200 shares of Mexico Fund stock. The stock was acquired at an average cost of $20.51 per share, for a total transaction of $4,102.00.
On Friday, October 30th, Saba Capital Management, L.P. bought 15,143 shares of Mexico Fund stock. The stock was acquired at an average price of $20.25 per share, for a total transaction of $306,645.75.
On Thursday, October 29th, Saba Capital Management, L.P. bought 23,901 shares of Mexico Fund stock. The stock was acquired at an average price of $20.11 per share, for a total transaction of $480,649.11.
On Wednesday, October 28th, Saba Capital Management, L.P. bought 1,121 shares of Mexico Fund stock. The shares were acquired at an average price of $20.13 per share, with a total value of $22,565.73.

Mexico Fund Stock Down 0.6%

Shares of NYSE:MXF traded down $0.12 on Thursday, hitting $21.11. 17,722 shares of the company’s stock were exchanged, compared to its average volume of 50,699. Mexico Fund, Inc. has a 12 month low of $18.62 and a 12 month high of $23.00. The business’s 50 day simple moving average is $20.69 and its two-hundred day simple moving average is $21.42.

Mexico Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 21st were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend was Wednesday, October 21st.

Institutional Investors Weigh In On Mexico Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. City of London Investment Management Co. Ltd. boosted its position in Mexico Fund by 0.6% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 3,230,491 shares of the investment management company’s stock valued at $65,870,000 after buying an additional 19,166 shares during the period. Saba Capital Management L.P. increased its position in shares of Mexico Fund by 4.3% during 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 acquiring an additional 73,032 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of Mexico Fund by 2.9% during 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 acquiring an additional 27,983 shares during the period. Almitas Capital LLC bought a new stake in shares of Mexico Fund during the second quarter valued at approximately $3,736,000. Finally, North Ground Capital bought a new stake in shares of Mexico Fund during the second quarter valued at approximately $2,981,931.

Mexico Fund Company Profile

(Get Free Report)

The Mexico Fund, Inc. is a closed-end investment company that seeks long-term capital appreciation by investing primarily in equity securities of Mexican companies. Its portfolio provides investors with exposure to businesses operating in Mexico across a range of industries. Established in 1981, the fund is focused on the Mexican market rather than operating businesses or providing products and services directly. Its investment adviser is Impulsora del Fondo México, S.A. de C.V.