Insider Buying: Mexico Fund (NYSE:MXF) Major Shareholder Buys $52,546.00 in Stock

Posted by Donna Armstrong on Mar 19th, 2026

Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 2,600 shares of Mexico Fund stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average price of $20.21 per share, with a total value of $52,546.00. Following the acquisition, the insider directly owned 1,739,162 shares of the company’s stock, valued at $35,148,464.02. This trade represents a 0.15% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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. purchased 456 shares of Mexico Fund stock. The shares were acquired 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 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. acquired 4,480 shares of Mexico Fund stock. The stock was acquired 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 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. bought 3,115 shares of Mexico Fund stock. The shares were 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. purchased 1,000 shares of Mexico Fund stock. The stock was 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. purchased 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. purchased 2,520 shares of Mexico Fund stock. The shares were 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. acquired 10 shares of Mexico Fund stock. The shares were bought 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. acquired 16,228 shares of Mexico Fund stock. The stock was bought at an average price of $19.95 per share, for a total transaction of $323,748.60.

Mexico Fund Price Performance

Shares of MXF opened at $20.28 on Thursday. The company’s 50-day moving average is $21.64 and its 200-day moving average is $20.15. Mexico Fund, Inc. has a fifty-two week low of $13.10 and a fifty-two week high of $23.00.

Mexico Fund Announces Dividend

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

Institutional Investors Weigh In On Mexico Fund

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

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.