Saba Capital ups stake in MEXICO FUND INC (NYSE: MXF) with share purchases

Rhea-AI Filing Summary

Saba Capital Management, L.P., a 10% owner of MEXICO FUND INC (MXF), made open-market purchases of the fund’s common stock on two consecutive days. It bought 1,068 shares at $20.66 per share and 2,681 shares at $20.26 per share, for a total of 3,749 additional shares held indirectly. After these trades, Saba’s indirect holdings increased to 1,763,181 common shares, indicating a modest incremental addition to an already substantial position.

Insider Trade Summary

Net Buyer: 3,749 shares ($76,382)

Net Buy 2 txns

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 3,749 shs ($76K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	2,681	$20.26	$54K
Purchase	Common Stock	1,068	$20.66	$22K

Holdings After Transaction: Common Stock — 1,763,181 shares (Indirect, -)

Footnotes (1)

Key Figures

Total shares bought: 3,749 shares Shares bought on 2026-03-26: 1,068 shares Shares bought on 2026-03-27: 2,681 shares +3 more

6 metrics

Total shares bought 3,749 shares Open-market common stock purchases disclosed in Form 4

Shares bought on 2026-03-26 1,068 shares Common Stock at $20.66 per share

Shares bought on 2026-03-27 2,681 shares Common Stock at $20.26 per share

Holding after 2026-03-27 trades 1,763,181 shares Indirect holdings of MEXICO FUND INC common stock

Purchase price 2026-03-26 $20.66/share Open-market buy of MXF Common Stock

Purchase price 2026-03-27 $20.26/share Open-market buy of MXF Common Stock

Key Terms

open-market purchase, Common Stock, indirect ownership, 10% owner

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.

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.

indirect ownership financial

"ownership_type: "indirect" and direct_or_indirect: "I""

10% owner financial

"is_ten_percent_owner: 1 for Saba Capital Management, L.P."

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)
03/26/2026

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	03/26/2026		P		1,068	A	$20.66	1,760,500	I	-
Common Stock	03/27/2026		P		2,681	A	$20.26	1,763,181	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	03/30/2026
	Boaz Weinstein	03/30/2026
	** 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 did Saba Capital Management do in this Form 4 for MXF?

Saba Capital Management, L.P. reported buying additional MXF shares. It executed two open-market purchases of common stock totaling 3,749 shares, modestly increasing its indirect position in Mexico Fund Inc to 1,763,181 shares following the reported transactions.

How many MEXICO FUND INC (MXF) shares did Saba Capital buy?

Saba Capital bought 3,749 MXF common shares in total. The purchases occurred in two trades: 1,068 shares at $20.66 per share and 2,681 shares at $20.26 per share, all reported as indirect holdings in Mexico Fund Inc.

At what prices did Saba Capital purchase MXF shares in this filing?

Saba Capital’s MXF purchases were made around the low-$20 range. It acquired 1,068 common shares at $20.66 per share and 2,681 common shares at $20.26 per share, both categorized as open-market purchases of Mexico Fund Inc stock.

What is Saba Capital’s total MXF position after these transactions?

After the reported trades, Saba Capital holds 1,763,181 MXF shares indirectly. This total reflects the addition of 3,749 common shares purchased in two open-market transactions, as disclosed in the Form 4 for Mexico Fund Inc.

Are Saba Capital’s MXF transactions open-market buys or another type?

The MXF trades are open-market purchases. Each transaction is coded “P” and described as an open-market or private purchase of common stock, indicating straightforward buying activity rather than option exercises, gifts, or tax-related dispositions.