The Mexico Fund (MXF) 10% Owner L.P. Buys $327K of Stock

Saba Capital Management, L.P., a ten-percent owner of The Mexico Fund, Inc. (NYSE: MXF), bought 16,035 shares of the company on October 21, 2026. The details of the purchase appear in a Form 4 filing with the Securities and Exchange Commission.

MXF The Mexico Fund, Inc.

$20.18 ▲ +6.49% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Inside Saba Capital Management's The Mexico Fund Trade

The firm acquired the shares at a price of $20.42 apiece, totaling roughly $327,434.70. This transaction follows several other recent purchases by the fund in October. Following this latest trade, Saba Capital Management owns 2,422,660 shares, marking a 0.67% increase in its stake. The stock closed at $20.49 on the day of the trade.

Other Institutional Activity in The Mexico Fund

Other major funds have also adjusted their positions in the closed-end fund recently. City of London Investment Management Co. Limited reduced its holdings by 30,146 shares, ending with 3,211,325 shares worth about $64,804,539.00. Saba Capital Management held 2,260,134 shares worth about $45,609,504.00 at its prior reporting date after growing its stake by 495,783 shares or 28.1%. Allspring Global Investments Holdings, LLC cut its position by 132,439 shares, or 13.5%, leaving it with 849,319 shares valued at about $17,139,257.00. Lazard Asset Management LLC trimmed its holdings by 2,441 shares, or 0.3%, finishing with 715,425 shares worth about $14,437,276.00. Almitas Capital LLC reduced its stake by 12,699 shares, or 6.9%, holding 170,814 shares worth about $3,447,026.00.

The Mexico Fund, Inc. Stock Down 1.5%

The stock recently traded around $20.18, down about 1.5% from its event-day close of $20.49 on October 21, 2026. Shares sit below both the 50-day moving average of $21.01 and the 200-day moving average of $21.43. Over the past 52 weeks, the stock has traded as low as $18.30 and as high as $23.00.

Recent Earnings

The fund posted trailing-twelve-month revenue of $13,303,228.00 and basic earnings per share of $6.36. It reported a net profit margin of 691.2% and a return on equity of 28.9%.

Dividend

The fund pays an annual dividend rate of $1.40 per share, yielding 6.83%. Its dividend payout ratio stands at 18.9%.

Insider Buying and Selling at The Mexico Fund, Inc.

Saba Capital Management has steadily added to its position through multiple transactions leading up to this filing. The firm previously bought 1,238 shares on September 30, 2026, at $20.39 per share for a total of $25,243.00. It then purchased 19,494 shares on October 2, 2026, valued at $389,471.00. Another purchase followed on October 5, 2026, when the firm acquired 25,900 shares at $20.09 per share totaling $520,331.00. On October 14, 2026, the fund picked up an additional 12,791 shares at $19.88 per share for a total value of $254,285.00.

About The Mexico Fund

The Mexico Fund, Inc. is a closed-end equity mutual fund that invests primarily in public equity markets in Mexico across various sectors. Managed by Impulsora del Fondo México, S.C., the fund provides investors with targeted exposure to Mexican corporations. It was launched in June 1981 and is domiciled in Maryland.

Bottom Line

Saba Capital Management continues to build its position in The Mexico Fund through regular open-market purchases. Investors can track future ownership reports through SEC Form 4 filings to monitor whether the firm continues adding to its sizable stake.