Saba Capital buys 59K Mexico Fund shares in market

Saba Capital Management, L.P., a ten percent owner of MEXICO FUND INC, reported open-market purchases of the fund’s common stock on two consecutive days.

Rhea-AI Filing Summary

Saba Capital Management, L.P., a ten percent owner of MEXICO FUND INC, reported open-market purchases of the fund’s common stock on two consecutive days. It bought 14,402 shares at $21.99 per share on May 26 and 44,608 shares at $22.27 per share on May 27. These transactions were reported as indirect ownership and increased its position to 2,065,923 common shares following the latest trade.

Insights

Closed-end fund governance analyst

Large shareholder added 59,010 MXF shares in open-market buys.

Saba Capital Management, L.P., identified as a ten percent owner, executed two open-market purchases of MEXICO FUND INC common stock. Together they total 59,010 shares, with trade prices between $21.99 and $22.27 per share.

These are straightforward open-market purchases (Form 4 code P), not option exercises or compensation grants, and are reported as indirect holdings. Following the trades, Saba’s indirect stake is 2,065,923 shares as shown in the filing.

The transactions indicate net buying activity by a large holder but the overall significance depends on how this ownership level compares with MXF’s total shares outstanding, which is not provided in this excerpt.

Insider Trade Summary

Net Buyer: 59,010 shares

Net Buy 2 txns

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 59,010 shs ($1.31M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	44,608	$22.27	$993K
Purchase	Common Stock	14,402	$21.99	$317K

Holdings After Transaction: Common Stock — 2,065,923 shares (Indirect, -)

Key Figures

May 26 purchase: 14,402 shares at $21.99 May 27 purchase: 44,608 shares at $22.27 Total shares bought: 59,010 shares +1 more

4 metrics

May 26 purchase 14,402 shares at $21.99 Open-market purchase of MXF common stock on May 26, 2026

May 27 purchase 44,608 shares at $22.27 Open-market purchase of MXF common stock on May 27, 2026

Total shares bought 59,010 shares Net open-market buying across both reported transactions

Post-transaction holdings 2,065,923 shares Indirect MXF common stock held after May 27, 2026 trade

Key Terms

open-market purchase, ten percent owner, indirect ownership

3 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

""direct_or_indirect": "I","ownership_type": "indirect""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Saba Capital Management report in this MXF Form 4?

Saba Capital Management reported buying additional MEXICO FUND INC (MXF) common shares in the open market. It executed two purchases totaling 59,010 shares, increasing its indirectly owned position to 2,065,923 shares according to the post-transaction holdings disclosed.

How many MEXICO FUND INC shares did Saba buy and at what prices?

Saba Capital Management bought 14,402 MXF common shares at $21.99 per share on May 26 and 44,608 shares at $22.27 per share on May 27. These open-market transactions together added 59,010 shares to its indirect holdings.

What is Saba Capital Management’s ownership in MXF after these trades?

After the reported purchases, Saba Capital Management’s indirect holdings in MEXICO FUND INC common stock total 2,065,923 shares. This figure reflects the position following the May 27 transaction, as stated in the Form 4 transaction table.

Are the Saba Capital MXF transactions direct or indirect ownership?

The Form 4 classifies Saba Capital Management’s MEXICO FUND INC holdings as indirect ownership, coded “I” in the filing. The nature of ownership is shown as indirect for both open-market purchases and for the total 2,065,923 shares held after the latest trade.

What transaction code is used for Saba’s MXF share purchases?

The filing uses transaction code P for Saba Capital Management’s MEXICO FUND INC trades, indicating open-market or private purchase. Both entries are labeled as non-derivative common stock acquisitions through open-market purchases rather than derivative exercises or gifts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/28/2026 - 12:02 PM EDT Learn about SEC filing dates

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)
05/26/2026

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	05/26/2026		P		14,402	A	$21.99	2,021,315	I	-
Common Stock	05/27/2026		P		44,608	A	$22.27	2,065,923	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	05/28/2026
	Boaz Weinstein	05/28/2026
	** 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)