Saba Capital boosts Mexico Fund (NYSE: MXF) stake with new share buys

Rhea-AI Filing Summary

Saba Capital Management, L.P., a ten percent owner of Mexico Fund Inc, reported additional open-market purchases of the fund’s common stock. The firm bought 22,914 shares on May 19, 2026 at $21.58 per share and 4,610 shares on May 20, 2026 at $21.68 per share, totaling 27,524 shares.

After these indirect purchases, Saba Capital’s reported holdings increased to 1,999,747 shares of Mexico Fund Inc common stock.

Insider Trade Summary

Net Buyer: 27,524 shares ($594,429)

Net Buy 2 txns

Insider Saba Capital Management, L.P.

Role null

Bought 27,524 shs ($594K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	4,610	$21.68	$100K
Purchase	Common Stock	22,914	$21.58	$494K

Holdings After Transaction: Common Stock — 1,999,747 shares (Indirect, -)

Footnotes (1)

Key Figures

Shares bought May 19, 2026: 22,914 shares Shares bought May 20, 2026: 4,610 shares Total shares bought: 27,524 shares +3 more

6 metrics

Shares bought May 19, 2026 22,914 shares Open-market purchase at $21.58 per share

Shares bought May 20, 2026 4,610 shares Open-market purchase at $21.68 per share

Total shares bought 27,524 shares Net insider purchases across two transactions

Post-transaction holdings 1,999,747 shares Indirect holdings after May 20, 2026 trade

Price per share May 19, 2026 $21.58/share Open-market purchase price

Price per share May 20, 2026 $21.68/share Open-market purchase price

Key Terms

open-market purchase, ten percent owner, indirect ownership, Common Stock

4 terms

open-market purchase financial

"transaction_action": "open-market purchase""

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

ten percent owner financial

""is_ten_percent_owner": 1"

indirect ownership financial

""ownership_type": "indirect""

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Saba Capital Management, L.P.

(Last) (First) (Middle)

405 LEXINGTON AVENUE

58TH FLOOR

(Street)

NEW YORK NEW YORK 10174

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MEXICO FUND INC [ MXF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/19/2026		P		22,914	A	$21.58	1,995,137	I	-
Common Stock	05/20/2026		P		4,610	A	$21.68	1,999,747	I	-

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Saba Capital Management, L.P. By: Zachary Gindes	05/21/2026
	Boaz Weinstein	05/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did Saba Capital report for Mexico Fund Inc (MXF)?

Saba Capital reported buying additional Mexico Fund Inc common shares in the open market. The firm executed two purchases totaling 27,524 shares on May 19 and 20, 2026, increasing its indirect stake in the closed-end fund.

How many Mexico Fund Inc (MXF) shares did Saba Capital buy and at what prices?

Saba Capital purchased 22,914 shares at $21.58 per share on May 19, 2026, and 4,610 shares at $21.68 per share on May 20, 2026. These open-market trades totaled 27,524 shares of MXF common stock.

What is Saba Capital’s total Mexico Fund Inc (MXF) position after these trades?

Following the reported open-market purchases, Saba Capital’s indirect holdings in Mexico Fund Inc common stock rose to 1,999,747 shares. This total reflects its position after the May 19 and May 20, 2026 transactions disclosed in the Form 4.

Were Saba Capital’s Mexico Fund Inc (MXF) trades open-market purchases or another type?

The filing classifies both transactions as open-market purchases of Mexico Fund Inc common stock. Each trade is coded as “P,” indicating a purchase in the open market or a private transaction, rather than option exercises, gifts, or tax-related dispositions.

Does Saba Capital hold Mexico Fund Inc (MXF) shares directly or indirectly?

The Form 4 identifies Saba Capital’s ownership of Mexico Fund Inc common stock as indirect, coded with ownership type "I". This means the shares are held through an associated entity or structure, rather than directly in Saba Capital’s own name.