STOCK TITAN

Saba Capital boosts MEXICO FUND INC (MXF) stake with open-market share buys

Filing Impact
(Very High)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Saba Capital Management, L.P., a more-than-ten-percent owner of MEXICO FUND INC, reported open-market purchases of the fund’s common stock. It bought a total of 24,148 shares across two days at prices just above $22 per share, bringing its indirect holdings to 1,912,195 shares of common stock.

Positive

  • None.

Negative

  • None.

Insights

Large shareholder increased its position through open-market purchases.

Saba Capital Management, L.P. executed two open-market purchases of MEXICO FUND INC common stock, totaling 24,148 shares at prices around $22 per share. These are straightforward buy transactions, not derivatives or compensation-related grants.

After these trades, Saba’s indirect holdings rose to 1,912,195 shares. The filing does not provide the fund’s total shares outstanding, so the proportional impact cannot be assessed here. Still, the activity represents net buying by a large, more-than-ten-percent owner.

Insider Saba Capital Management, L.P.
Role null
Bought 24,148 shs ($533K)
Type Security Shares Price Value
Purchase Common Stock 15,148 $22.13 $335K
Purchase Common Stock 9,000 $22.01 $198K
Holdings After Transaction: Common Stock — 1,912,195 shares (Indirect, -)
Footnotes (1)
Shares bought (total) 24,148 shares Open-market purchases reported in Form 4
Shares bought 2026-05-13 15,148 shares at $22.13/share Common stock, open-market purchase
Shares bought 2026-05-12 9,000 shares at $22.01/share Common stock, open-market purchase
Holdings after latest trade 1,912,195 shares Indirect ownership after 2026-05-13 transaction
Transaction count (buys) 2 transactions Both classified as open-market purchases
open-market purchase financial
"transaction_action: open-market purchase of common stock"
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.
indirect ownership financial
"ownership_type: indirect, ownership_code: I"
ten percent owner financial
"is_ten_percent_owner: 1 for Saba Capital Management, L.P."
Common Stock financial
"security_title: Common Stock for both transactions"
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.
SEC Form 4
FORM 4UNITED 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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/12/2026P9,000A$22.011,897,047I-
Common Stock05/13/2026P15,148A$22.131,912,195I-
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Saba Capital Management, L.P. By: Zachary Gindes05/14/2026
Boaz Weinstein05/14/2026
** Signature of Reporting PersonDate
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 Management, L.P. reported buying MEXICO FUND INC common stock in two open-market transactions. It purchased 24,148 shares in total at prices slightly above $22 per share, increasing its indirect ownership position in the fund’s shares.

How many MEXICO FUND INC (MXF) shares did Saba Capital buy and at what prices?

Saba Capital bought 15,148 MEXICO FUND INC shares on one day at $22.13 per share and 9,000 shares on another day at $22.01 per share. Together, the transactions total 24,148 common shares acquired in the open market.

What is Saba Capital’s total MEXICO FUND INC (MXF) position after these trades?

After the reported open-market purchases, Saba Capital’s indirect holdings in MEXICO FUND INC increased to 1,912,195 shares of common stock. This figure reflects the position following the most recent transaction disclosed in the Form 4 insider filing data.

Were the MEXICO FUND INC (MXF) insider transactions buys or sells?

Both reported transactions were open-market purchases of MEXICO FUND INC common stock. The Form 4 data shows transaction code “P” and classifies them as buys, with no share sales or derivative exercises disclosed in this filing.

Does Saba Capital hold MEXICO FUND INC (MXF) shares directly or indirectly?

The Form 4 classifies Saba Capital’s MEXICO FUND INC holdings as indirect ownership. The ownership code is shown as “I” for indirect, indicating the shares are held through an entity or structure rather than in a direct personal capacity.