Insider Buying: Mexico Fund (NYSE:MXF) Major Shareholder Purchases $163,990.19 in Stock

Posted by Renee Jackson on Jul 31st, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 7,631 shares of the firm’s stock in a transaction on Monday, July 20th. The shares were purchased at an average cost of $21.49 per share, with a total value of $163,990.19. Following the completion of the transaction, the insider owned 2,277,306 shares of the company’s stock, valued at approximately $48,939,305.94. The trade was a 0.34% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 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, July 28th, Saba Capital Management, L.P. acquired 2,608 shares of Mexico Fund stock. The stock was purchased at an average cost of $21.56 per share, for a total transaction of $56,228.48.
On Wednesday, July 22nd, Saba Capital Management, L.P. bought 7,623 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.80 per share, with a total value of $166,181.40.
On Thursday, July 23rd, Saba Capital Management, L.P. bought 414 shares of Mexico Fund stock. The stock was purchased at an average price of $21.11 per share, with a total value of $8,739.54.
On Tuesday, July 21st, Saba Capital Management, L.P. purchased 200 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.52 per share, for a total transaction of $4,304.00.
On Wednesday, July 8th, Saba Capital Management, L.P. acquired 522 shares of Mexico Fund stock. The shares were acquired 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 shares were acquired at an average price of $21.73 per share, for a total transaction of $39,722.44.
On Wednesday, June 24th, Saba Capital Management, L.P. bought 5,100 shares of Mexico Fund stock. The shares were acquired at an average cost 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 stock was acquired at an average cost of $21.52 per share, with a total value of $323,897.52.
On Thursday, June 18th, Saba Capital Management, L.P. purchased 1,261 shares of Mexico Fund stock. The shares were acquired at an average price of $22.19 per share, for a total transaction of $27,981.59.
On Wednesday, June 17th, Saba Capital Management, L.P. acquired 4,037 shares of Mexico Fund stock. The shares were bought at an average price of $22.23 per share, for a total transaction of $89,742.51.

Mexico Fund Trading Up 1.9%

MXF stock opened at $21.70 on Friday. Mexico Fund, Inc. has a 52 week low of $17.41 and a 52 week high of $23.00. The firm has a 50 day moving average of $21.73 and a 200 day moving average of $21.62.

Mexico Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Wednesday, July 22nd were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, July 22nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.5%.

Hedge Funds Weigh In On Mexico Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Saba Capital Management L.P. grew its stake in Mexico Fund by 4.3% during the 1st quarter. Saba Capital Management L.P. now owns 1,764,332 shares of the investment management company’s stock valued at $36,927,000 after purchasing an additional 73,032 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Mexico Fund by 2.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 981,733 shares of the investment management company’s stock valued at $20,548,000 after purchasing an additional 27,983 shares during the period. Calamos Advisors LLC raised its stake in shares of Mexico Fund by 13.5% in the first 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 last quarter. Altium Capital Management LLC raised its stake in shares of Mexico Fund by 165.5% in the first 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 last quarter. Finally, Uhlmann Price Securities LLC lifted its holdings in shares of Mexico Fund by 1.9% during the first quarter. Uhlmann Price Securities LLC now owns 107,154 shares of the investment management company’s stock worth $2,243,000 after purchasing an additional 2,013 shares during the period.

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.