The Mexico Fund (MXF) 10% Owner L.P. Buys $254K of Stock
Saba Capital Management has acquired additional shares of The Mexico Fund, Inc., reflecting its ongoing investment strategy.
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Saba Capital Management, L.P., 10% Owner at The Mexico Fund, Inc. ($MXF), bought 12,791 shares at an average price of $19.88, worth about $254,285.08, on October 14, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $MXF is up 3.1% to date (from the $19.90 close on Oct 14, 2026).
Key Points
- On October 14, 2026, Saba Capital Management bought 12,791 shares of The Mexico Fund, Inc. for $254,285, at a price of $19.88 each.
- The recent trading price of The Mexico Fund, Inc. shares is around $20.23 as of October 16, 2026.
- Saba Capital Management's stake in The Mexico Fund now stands at 2,260,134 shares, valued at approximately $46.4 million.
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Saba Capital Management, L.P. bought 12,791 shares of The Mexico Fund, Inc. (MXF) on October 14, 2026. The total value of this purchase was about $254,285, with each share priced at $19.88. This move continues Saba's strategy of increasing its holdings in the fund.
Inside Saba Capital Management's Trade
Saba Capital Management, a beneficial owner of more than 10% of the fund, executed this trade at a price of $19.88 per share. This latest buy adds to their already significant position in The Mexico Fund, now totaling 2,260,134 shares.
Other Institutional Activity in The Mexico Fund, Inc.
City of London Investment Management Co. Limited decreased its holdings by 30,146 shares, bringing its total to 3,211,325 shares worth about $65.9 million. Saba Capital Management also grew its position by 495,783 shares, valued at approximately $46.4 million. Allspring Global Investments Holdings, LLC reduced its stake by 132,439 shares, now holding 849,319 shares worth around $17.4 million. Lazard Asset Management LLC cut its holdings by 2,441 shares, totaling 715,425 shares valued at about $14.7 million. Almitas Capital LLC reduced its position by 12,699 shares, ending with 170,814 shares worth about $3.5 million.
The Mexico Fund, Inc. Stock Down 3.6%
As of October 16, 2026, shares of The Mexico Fund, Inc. recently traded around $20.23. This price is close to the recent levels, which may indicate a stable interest in the fund. However, the fund's performance has been mixed, with revenue growth showing a year-over-year decrease of 7.3%.
Recent Earnings
In its latest financial report, The Mexico Fund, Inc. reported trailing twelve-month revenue of approximately $13.3 million. The fund also posted an EPS of $6.38. The next earnings report is not scheduled yet, but investors will likely monitor upcoming announcements closely.
Insider Buying and Selling at The Mexico Fund, Inc.
On October 14, 2026, Saba Capital Management also sold 12,791 shares at a price of $19.88, totaling $254,285. This transaction was not planned. Earlier, on October 5, 2026, Saba sold 25,900 shares at $20.09, valued at $520,331. These transactions reflect Saba's active trading strategy.
About The Mexico Fund, Inc.
The Mexico Fund, Inc. is a closed-ended equity mutual fund that primarily invests in the public equity markets of Mexico. Launched in 1981, it seeks to build a diversified portfolio across various sectors within the country. The fund is managed by Impulsora del Fondo México, S.C. and is based in Mexico City.
Bottom Line
Investors should keep an eye on Saba Capital Management's continued activity in The Mexico Fund, Inc. as it reflects their confidence in the fund's potential. Further updates will likely come with the next financial report and any additional trading activity from Saba.
Source: Saba Capital Management, L.P.'s Form 4 filing on $MXF (Oct 14, 2026). Find the original filing: MXF Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts