Insider Buying: Mexico Fund (NYSE:MXF) Major Shareholder Acquires $21,044.70 in Stock

Posted by Caroline Horne on Mar 14th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. bought 1,005 shares of the stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average cost of $20.94 per share, for a total transaction of $21,044.70. Following the acquisition, the insider owned 1,736,106 shares of the company’s stock, valued at approximately $36,354,059.64. This represents a 0.06% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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, March 12th, Saba Capital Management, L.P. purchased 456 shares of Mexico Fund stock. The shares were purchased at an average price of $20.35 per share, for a total transaction of $9,279.60.
On Thursday, March 5th, Saba Capital Management, L.P. purchased 4,480 shares of Mexico Fund stock. The shares were 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. acquired 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. acquired 3,115 shares of Mexico Fund stock. The stock was acquired 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. bought 1,000 shares of Mexico Fund stock. The shares were acquired at an average price of $21.50 per share, for a total transaction of $21,500.00.
On Wednesday, January 21st, Saba Capital Management, L.P. bought 550 shares of Mexico Fund stock. The shares were acquired at an average cost of $21.29 per share, with a total value of $11,709.50.
On Monday, January 12th, Saba Capital Management, L.P. purchased 2,520 shares of Mexico Fund stock. The stock was acquired 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. purchased 10 shares of Mexico Fund stock. The stock was acquired at an average cost of $20.24 per share, with a total value of $202.40.
On Tuesday, December 16th, Saba Capital Management, L.P. purchased 16,228 shares of Mexico Fund stock. The stock was acquired at an average price of $19.95 per share, for a total transaction of $323,748.60.
On Monday, December 15th, Saba Capital Management, L.P. purchased 28,475 shares of Mexico Fund stock. The stock was acquired at an average price of $20.22 per share, for a total transaction of $575,764.50.

Mexico Fund Stock Down 1.1%

Shares of MXF stock opened at $20.14 on Friday. The business’s fifty day moving average price is $21.64 and its 200 day moving average price is $20.09. Mexico Fund, Inc. has a 1-year low of $13.10 and a 1-year high of $23.00.

Mexico Fund Dividend Announcement

The business also recently announced 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. This represents a $1.40 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Wednesday, April 22nd.

Hedge Funds Weigh In On Mexico Fund

Large investors have recently made changes to their positions in the stock. Alpine Global Management LLC lifted its stake in shares of Mexico Fund by 356.7% in 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 purchasing an additional 47,979 shares during the period. Sit Investment Associates Inc. grew its position in Mexico Fund by 144.8% during the fourth quarter. Sit Investment Associates Inc. now owns 49,669 shares of the investment management company’s stock worth $1,000,000 after buying an additional 29,377 shares during the period. Saba Capital Management L.P. grew its position in Mexico Fund by 32.4% during 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 buying an additional 413,606 shares during the period. North Ground Capital increased its holdings in Mexico Fund by 309.2% in 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. Finally, Marex Group plc purchased a new position in Mexico Fund in the fourth quarter valued at about $1,926,000.

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.