Mexico Fund (NYSE:MXF) Major Shareholder Saba Capital Management, L.P. Acquires 7,623 Shares

Posted by Doug Wharley on Jul 29th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 7,623 shares of the business’s stock in a transaction on Wednesday, July 22nd. The shares were bought at an average cost of $21.80 per share, with a total value of $166,181.40. Following the acquisition, the insider directly owned 2,285,129 shares of the company’s stock, valued at $49,815,812.20. This trade represents a 0.33% increase in their position. The transaction was disclosed in a document filed 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 transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Thursday, July 23rd, Saba Capital Management, L.P. acquired 414 shares of Mexico Fund stock. The stock was bought at an average cost of $21.11 per share, for a total transaction of $8,739.54.
On Tuesday, July 21st, Saba Capital Management, L.P. acquired 200 shares of Mexico Fund stock. The shares were bought at an average cost of $21.52 per share, for a total transaction of $4,304.00.
On Monday, July 20th, Saba Capital Management, L.P. acquired 7,631 shares of Mexico Fund stock. The shares were bought at an average price of $21.49 per share, with a total value of $163,990.19.
On Wednesday, July 8th, Saba Capital Management, L.P. acquired 522 shares of Mexico Fund stock. The shares were bought at an average price of $21.26 per share, with a total value of $11,097.72.
On Tuesday, July 7th, Saba Capital Management, L.P. bought 1,828 shares of Mexico Fund stock. The stock was purchased at an average cost of $21.73 per share, with a total value of $39,722.44.
On Wednesday, June 24th, Saba Capital Management, L.P. bought 5,100 shares of Mexico Fund stock. The shares were purchased at an average price of $21.31 per share, for a total transaction of $108,681.00.
On Tuesday, June 23rd, Saba Capital Management, L.P. purchased 15,051 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.52 per share, for a total transaction of $323,897.52.
On Thursday, June 18th, Saba Capital Management, L.P. acquired 1,261 shares of Mexico Fund stock. The stock was purchased at an average cost of $22.19 per share, with a total value of $27,981.59.
On Wednesday, June 17th, Saba Capital Management, L.P. acquired 4,037 shares of Mexico Fund stock. The shares were purchased at an average price of $22.23 per share, for a total transaction of $89,742.51.
On Friday, June 12th, Saba Capital Management, L.P. acquired 29,500 shares of Mexico Fund stock. The shares were purchased at an average price of $22.30 per share, for a total transaction of $657,850.00.

Mexico Fund Stock Performance

MXF opened at $21.52 on Wednesday. The firm’s fifty day moving average is $21.74 and its 200 day moving average is $21.61. Mexico Fund, Inc. has a fifty-two week low of $17.41 and a fifty-two week high of $23.00.

Mexico Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Wednesday, July 22nd will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $1.40 dividend on an annualized basis and a yield of 6.5%.

Hedge Funds Weigh In On Mexico Fund

Hedge funds have recently made changes to their positions in the business. Saba Capital Management L.P. grew 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 purchasing an additional 73,032 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in 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 in the last quarter. Calamos Advisors LLC boosted its stake in 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 period. Altium Capital Management LLC boosted its stake in Mexico Fund by 165.5% in the 1st quarter. Altium Capital Management LLC now owns 128,185 shares of the investment management company’s stock worth $2,683,000 after purchasing an additional 79,898 shares during the period. Finally, Uhlmann Price Securities LLC grew its holdings in Mexico Fund by 1.9% during the 1st quarter. Uhlmann Price Securities LLC now owns 107,154 shares of the investment management company’s stock valued at $2,243,000 after buying an additional 2,013 shares in 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.