Saba Capital adds to Mexico Fund (NYSE: MXF) stake with open-market buys

Rhea-AI Filing Summary

Saba Capital Management, L.P., a ten percent owner of Mexico Fund Inc, reported open-market purchases of common stock. It bought 100,000 shares at $21.83 on April 22, 2026 and 3,505 shares at $21.86 on April 21, 2026, bringing its indirect holdings to 1,884,830 shares.

Insider Trade Summary

Net Buyer: 103,505 shares ($2,259,619)

Net Buy 2 txns

Insider Saba Capital Management, L.P.

Role null

Bought 103,505 shs ($2.26M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	100,000	$21.83	$2.18M
Purchase	Common Stock	3,505	$21.86	$77K

Holdings After Transaction: Common Stock — 1,884,830 shares (Indirect, -)

Footnotes (1)

Key Figures

Shares bought on Apr 22, 2026: 100,000 shares at $21.83 Shares bought on Apr 21, 2026: 3,505 shares at $21.86 Total shares bought: 103,505 shares +1 more

4 metrics

Shares bought on Apr 22, 2026 100,000 shares at $21.83 Open-market purchase of Mexico Fund common stock

Shares bought on Apr 21, 2026 3,505 shares at $21.86 Open-market purchase of Mexico Fund common stock

Total shares bought 103,505 shares Combined open-market purchases on April 21–22, 2026

Holdings after transactions 1,884,830 shares Indirect ownership of Mexico Fund common stock

Key Terms

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

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.

indirect ownership financial

"ownership_type: indirect, ownership_code: I"

ten percent owner financial

"is_ten_percent_owner: 1"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

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)
04/21/2026

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	04/21/2026		P		3,505	A	$21.86	1,784,830	I	-
Common Stock	04/22/2026		P		100,000	A	$21.83	1,884,830	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	04/23/2026
	Boaz Weinstein	04/23/2026
	** 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 activity did Saba Capital report for MXF?

Saba Capital Management, L.P. reported open-market purchases of Mexico Fund (MXF) common stock, totaling 103,505 shares. The transactions occurred on April 21 and 22, 2026, and increased its indirect ownership to 1,884,830 shares after the trades.

How many Mexico Fund (MXF) shares did Saba Capital buy?

Saba Capital bought 103,505 MXF shares in total. This included 100,000 shares at $21.83 on April 22, 2026 and 3,505 shares at $21.86 on April 21, 2026, as reported in the insider filing.

What prices did Saba Capital pay for MXF shares in these trades?

Saba Capital’s open-market MXF purchases were made at $21.83 and $21.86 per share. It bought 100,000 shares at $21.83 on April 22, 2026, and 3,505 shares at $21.86 on April 21, 2026, according to the Form 4 disclosure.

What is Saba Capital’s Mexico Fund (MXF) position after these purchases?

After the reported purchases, Saba Capital’s indirect holdings in Mexico Fund common stock total 1,884,830 shares. This figure reflects its position following the 100,000-share and 3,505-share open-market buys disclosed for April 22 and April 21, 2026.

Is Saba Capital considered a major Mexico Fund (MXF) shareholder?

Yes. In the filing, Saba Capital Management, L.P. is identified as a ten percent owner of Mexico Fund Inc. The reported open-market purchases further increased its indirect stake, which stands at 1,884,830 shares after the disclosed transactions.