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

Rhea-AI Filing Summary

Saba Capital Management, L.P., a more-than-10% owner of The Mexico Fund, Inc., reported an open-market purchase of 18,586 shares of common stock at $21.59 per share. After this transaction, Saba Capital indirectly holds 1,972,223 common shares, indicating a modest increase to an already large position.

Insider Trade Summary

Net Buyer: 18,586 shares ($401,272)

Net Buy 1 txn

Insider Saba Capital Management, L.P.

Role null

Bought 18,586 shs ($401K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	18,586	$21.59	$401K

Holdings After Transaction: Common Stock — 1,972,223 shares (Indirect, -)

Footnotes (1)

Key Figures

Shares purchased: 18,586 shares Purchase price: $21.59 per share Total holdings after trade: 1,972,223 shares +2 more

5 metrics

Shares purchased 18,586 shares Open-market purchase of Mexico Fund common stock

Purchase price $21.59 per share Price paid in the May 18, 2026 transaction

Total holdings after trade 1,972,223 shares Indirect ownership following the reported purchase

Net shares bought 18,586 shares Net buy volume across all reported transactions

Buy transactions count 1 transaction Number of buy entries in this Form 4

Key Terms

open-market purchase, indirect ownership, ten percent owner, Form 4

4 terms

open-market purchase financial

"an open-market purchase of 18,586 shares of common stock at $21.59"

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

"After this transaction, Saba Capital indirectly holds 1,972,223 common shares"

ten percent owner financial

"Saba Capital Management, L.P., a more-than-10% owner of The Mexico Fund, Inc."

Form 4 regulatory

"according to the Form 4 filing data"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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)
05/18/2026

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	05/18/2026		P		18,586	A	$21.59	1,972,223	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	05/19/2026
	Boaz Weinstein	05/19/2026
	** 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 reported buying 18,586 shares of Mexico Fund common stock. The transaction was an open-market purchase at $21.59 per share, increasing its already substantial indirect ownership position in the closed-end fund.

At what price did Saba Capital buy additional MXF shares?

Saba Capital bought the additional Mexico Fund shares at $21.59 each. This price applies to all 18,586 shares purchased in the reported open-market transaction on May 18, 2026, according to the Form 4 filing data.

How many MXF shares does Saba Capital hold after this Form 4 transaction?

After the reported purchase, Saba Capital indirectly holds 1,972,223 Mexico Fund shares. This total reflects its position following the 18,586-share open-market buy disclosed in the Form 4, and highlights its role as a large shareholder.

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

Yes. The filing identifies Saba Capital Management, L.P. as a more-than-10% owner of Mexico Fund. Holding 1,972,223 common shares after the transaction underscores its status as a significant institutional shareholder in the fund.

Was Saba Capital’s MXF transaction a buy or a sell?

The transaction was a buy. Saba Capital executed an open-market purchase of 18,586 Mexico Fund common shares, classified under transaction code “P,” which denotes a purchase in an open-market or private transaction.