Saba Capital Management, L.P. Acquires 15,148 Shares of Mexico Fund (NYSE:MXF) Stock

Posted by Danessa Lincoln on May 16th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. bought 15,148 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average cost of $22.13 per share, for a total transaction of $335,225.24. Following the completion of the transaction, the insider directly owned 1,912,195 shares of the company’s stock, valued at $42,316,875.35. This trade represents a 0.80% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 Tuesday, May 12th, Saba Capital Management, L.P. bought 9,000 shares of Mexico Fund stock. The stock was bought 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. bought 3,000 shares of Mexico Fund stock. The stock was bought 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. bought 217 shares of Mexico Fund stock. The stock was bought 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 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. purchased 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. purchased 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 acquired at an average cost of $22.17 per share, with a total value of $48,774.00.
On Monday, April 6th, Saba Capital Management, L.P. purchased 3,814 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.23 per share, with a total value of $80,971.22.
On Thursday, April 2nd, Saba Capital Management, L.P. purchased 10,800 shares of Mexico Fund stock. The stock was acquired at an average cost of $21.28 per share, with a total value of $229,824.00.
On Friday, March 20th, Saba Capital Management, L.P. purchased 2,871 shares of Mexico Fund stock. The stock was acquired at an average cost of $19.83 per share, with a total value of $56,931.93.

Mexico Fund Price Performance

NYSE:MXF opened at $21.60 on Friday. Mexico Fund, Inc. has a 1 year low of $16.10 and a 1 year high of $23.00. The business has a fifty day moving average of $21.25 and a 200-day moving average of $20.84.

Mexico Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 22nd were paid 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 6.5%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of MXF. Saba Capital Management L.P. grew its stake in shares of Mexico Fund by 32.4% in the fourth quarter. Saba Capital Management L.P. now owns 1,691,300 shares of the investment management company’s stock worth $34,063,000 after purchasing an additional 413,606 shares in the last quarter. Marex Group plc bought a new position in Mexico Fund during the fourth quarter valued at about $1,926,000. North Ground Capital boosted its stake in Mexico Fund by 309.2% during the fourth quarter. North Ground Capital now owns 126,312 shares of the investment management company’s stock valued at $2,544,000 after buying an additional 95,443 shares in the last quarter. Altium Capital Management LLC boosted its stake in Mexico Fund by 165.5% during the first quarter. Altium Capital Management LLC now owns 128,185 shares of the investment management company’s stock valued at $2,683,000 after buying an additional 79,898 shares in the last quarter. Finally, Alpine Global Management LLC boosted its stake in Mexico Fund by 356.7% during the fourth quarter. Alpine Global Management LLC now owns 61,431 shares of the investment management company’s stock valued at $1,237,000 after buying an additional 47,979 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.