Saba Capital (NYSE: MXF) adds 4,991 Mexico Fund shares in open-market buy

Rhea-AI Filing Summary

Saba Capital Management, L.P., a more than ten percent owner of MEXICO FUND INC, reported an open-market purchase of 4,991 shares of common stock at $19.84 per share. After this transaction, Saba’s indirect holdings increased to 1,752,024 common shares, indicating a relatively small incremental buy compared with its existing position.

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

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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)
03/23/2026

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	03/23/2026		P		4,991	A	$19.84	1,752,024	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	03/24/2026
	Boaz Weinstein	03/24/2026
	** 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 transaction did Saba Capital report for MEXICO FUND INC (MXF)?

Saba Capital Management, L.P. reported buying 4,991 MXF common shares in an open-market transaction. The shares were acquired at a price of $19.84 per share, modestly increasing its already large ownership stake in the fund.

At what price were the MEXICO FUND INC (MXF) shares purchased?

The MXF shares were purchased at $19.84 per share in an open-market transaction. This reported price reflects the per-share consideration paid by Saba Capital Management, L.P. on the transaction date disclosed in the Form 4 filing.

How many MEXICO FUND INC (MXF) shares does Saba Capital hold after this transaction?

After the purchase, Saba Capital Management, L.P. reported beneficial ownership of 1,752,024 MXF common shares. This total reflects its indirect holdings following the 4,991-share open-market buy disclosed in the Form 4 transaction details.

Is Saba Capital a significant shareholder of MEXICO FUND INC (MXF)?

Yes. Saba Capital Management, L.P. is identified as a more than ten percent owner of MEXICO FUND INC. The Form 4 notes this status, and its post-transaction holdings of 1,752,024 common shares underscore its role as a major shareholder.

Was the Saba Capital transaction in MEXICO FUND INC (MXF) a buy or a sell?

The reported transaction was a buy. Saba Capital Management, L.P. executed an open-market purchase of 4,991 MXF common shares, increasing its indirect position in the fund according to the Form 4 transaction coding and narrative fields.

Are Saba Capital’s MEXICO FUND INC (MXF) holdings direct or indirect?

The holdings reported in this Form 4 are indirect. The transaction record classifies ownership as “I” for indirect, indicating Saba Capital Management, L.P.’s 1,752,024 MXF shares are held indirectly rather than as directly registered holdings.