Insider Buying: Mexico Fund (NYSE:MXF) Major Shareholder Purchases 2,600 Shares of Stock

Posted by Jessica Moore on Mar 16th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 2,600 shares of the stock in a transaction dated Friday, March 13th. The shares were bought at an average price of $20.21 per share, with a total value of $52,546.00. Following the completion of the acquisition, the insider directly owned 1,739,162 shares of the company’s stock, valued at approximately $35,148,464.02. This represents a 0.15% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 Thursday, March 12th, Saba Capital Management, L.P. acquired 456 shares of Mexico Fund stock. The shares were purchased at an average cost of $20.35 per share, for a total transaction of $9,279.60.
On Tuesday, March 10th, Saba Capital Management, L.P. acquired 1,005 shares of Mexico Fund stock. The shares were purchased 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. bought 4,480 shares of Mexico Fund stock. The stock was purchased at an average cost of $21.34 per share, with a total value of $95,603.20.
On Friday, February 13th, Saba Capital Management, L.P. bought 32,126 shares of Mexico Fund stock. The stock was purchased 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. purchased 3,115 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.97 per share, for a total transaction of $68,436.55.
On Monday, January 26th, Saba Capital Management, L.P. purchased 1,000 shares of Mexico Fund stock. The shares were purchased at an average cost of $21.50 per share, for a total transaction of $21,500.00.
On Wednesday, January 21st, Saba Capital Management, L.P. purchased 550 shares of Mexico Fund stock. The shares were purchased 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. acquired 2,520 shares of Mexico Fund stock. The stock was purchased at an average cost of $20.45 per share, with a total value of $51,534.00.
On Friday, January 9th, Saba Capital Management, L.P. acquired 10 shares of Mexico Fund stock. The stock was acquired at an average price of $20.24 per share, with a total value of $202.40.
On Tuesday, December 16th, Saba Capital Management, L.P. bought 16,228 shares of Mexico Fund stock. The shares were acquired at an average price of $19.95 per share, for a total transaction of $323,748.60.

Mexico Fund Stock Up 1.7%

NYSE:MXF traded up $0.33 during mid-day trading on Monday, hitting $20.43. 49,110 shares of the company’s stock were exchanged, compared to its average volume of 77,451. Mexico Fund, Inc. has a fifty-two week low of $13.10 and a fifty-two week high of $23.00. The company has a 50 day simple moving average of $21.64 and a 200-day simple moving average of $20.11.

Mexico Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Wednesday, April 22nd.

Institutional Trading of Mexico Fund

A number of institutional investors and hedge funds have recently bought and sold shares of MXF. Farther Finance Advisors LLC raised its position in Mexico Fund by 775.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,348 shares of the investment management company’s stock worth $27,000 after purchasing an additional 1,194 shares during the last quarter. Blue Bell Private Wealth Management LLC grew its position in shares of Mexico Fund by 92.3% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 2,500 shares of the investment management company’s stock valued at $49,000 after buying an additional 1,200 shares during the last quarter. Scotia Capital Inc. acquired a new stake in shares of Mexico Fund in the second quarter valued at about $196,000. Alpine Global Management LLC acquired a new stake in shares of Mexico Fund in the third quarter valued at about $265,000. Finally, Calamos Advisors LLC raised its position in shares of Mexico Fund by 21.7% during the third quarter. Calamos Advisors LLC now owns 14,201 shares of the investment management company’s stock worth $280,000 after acquiring an additional 2,535 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.