Insider Buying: Mexico Fund (NYSE:MXF) Major Shareholder Buys $56,931.93 in Stock

Posted by Doug Wharley on Mar 26th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 2,871 shares of Mexico Fund stock in a transaction on Friday, March 20th. The stock was purchased at an average cost of $19.83 per share, for a total transaction of $56,931.93. Following the purchase, the insider owned 1,747,033 shares in the company, valued at approximately $34,643,664.39. The trade was a 0.16% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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, March 18th, Saba Capital Management, L.P. acquired 5,000 shares of Mexico Fund stock. The shares were purchased at an average cost of $20.38 per share, for a total transaction of $101,900.00.
On Friday, March 13th, Saba Capital Management, L.P. bought 2,600 shares of Mexico Fund stock. The shares were purchased 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 stock was acquired at an average cost of $20.35 per share, with a total value of $9,279.60.
On Tuesday, March 10th, Saba Capital Management, L.P. purchased 1,005 shares of Mexico Fund stock. The stock was acquired at an average price 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 acquired at an average cost of $21.34 per share, for a total transaction of $95,603.20.
On Friday, February 13th, Saba Capital Management, L.P. acquired 32,126 shares of Mexico Fund stock. The shares were acquired at an average price 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 shares were acquired 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 stock was acquired at an average cost of $21.50 per share, with a total value of $21,500.00.
On Wednesday, January 21st, Saba Capital Management, L.P. bought 550 shares of Mexico Fund stock. The stock was acquired 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 acquired at an average price of $20.45 per share, for a total transaction of $51,534.00.

Mexico Fund Stock Up 3.7%

Shares of NYSE:MXF opened at $20.96 on Thursday. Mexico Fund, Inc. has a 12 month low of $13.10 and a 12 month high of $23.00. The company has a 50-day moving average price of $21.60 and a 200 day moving average price of $20.21.

Mexico Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 22nd will be given a dividend of $0.35 per share. The ex-dividend date is Wednesday, April 22nd. This represents a $1.40 dividend on an annualized basis and a yield of 6.7%.

Institutional Investors Weigh In On Mexico Fund

Institutional investors have recently modified their holdings of the stock. Saba Capital Management L.P. increased its position in shares of Mexico Fund by 32.4% during the 4th quarter. Saba Capital Management L.P. now owns 1,691,300 shares of the investment management company’s stock valued at $34,063,000 after purchasing an additional 413,606 shares during the last quarter. Marex Group plc bought a new stake in Mexico Fund in the fourth quarter worth $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 worth $2,544,000 after buying an additional 95,443 shares during the period. Altium Capital Management LLC bought a new position in Mexico Fund during the fourth quarter valued at $972,000. Finally, Alpine Global Management LLC increased its position 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 acquiring an additional 47,979 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.