Saba Capital ups Mexico Fund (NYSE: MXF) stake with open-market buy

Rhea-AI Filing Summary

Saba Capital Management, L.P., a ten percent owner of Mexico Fund Inc, reported an indirect open-market purchase of 217 shares of common stock at $21.33 per share.

Following this transaction, Saba Capital’s indirect holdings in Mexico Fund Inc increased to 1,885,047 common shares, as reflected in the filing.

Insights

Insider trading analyst

Saba Capital made a small open-market purchase, modestly increasing its indirect position in Mexico Fund Inc.

The filing shows Saba Capital Management, L.P. executed an indirect open-market purchase of 217 Mexico Fund Inc common shares at $21.33 per share. The transaction is coded as a standard open-market buy, which is typically a discretionary decision.

After the trade, Saba Capital’s indirect holdings rose to 1,885,047 shares, indicating this purchase is very small relative to its overall position. There are no derivative positions reported in this filing, and no footnotes describing trading plans or special arrangements.

Insider Trade Summary

Net Buyer: 217 shares ($4,629)

Net Buy 1 txn

Insider Saba Capital Management, L.P.

Role null

Bought 217 shs ($5K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	217	$21.33	$5K

Holdings After Transaction: Common Stock — 1,885,047 shares (Indirect, -)

Footnotes (1)

Key Figures

Shares purchased: 217 shares Purchase price: $21.33 per share Indirect holdings after transaction: 1,885,047 shares +1 more

4 metrics

Shares purchased 217 shares Open-market purchase of Mexico Fund Inc common stock

Purchase price $21.33 per share Price paid for the 217 purchased shares

Indirect holdings after transaction 1,885,047 shares Total Mexico Fund Inc common shares indirectly held after trade

Net buy shares 217 shares Net change in position from this Form 4 (net-buy direction)

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

"ownership_type: "indirect""

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)
05/01/2026

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	05/01/2026		P		217	A	$21.33	1,885,047	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	05/04/2026
	Boaz Weinstein	05/04/2026
	** 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 an indirect open-market purchase of 217 shares of Mexico Fund Inc common stock. The shares were bought at $21.33 per share, modestly increasing Saba’s existing indirect ownership position in the closed-end fund.

How many Mexico Fund Inc (MXF) shares does Saba Capital hold after this transaction?

Following the reported transaction, Saba Capital Management, L.P. now indirectly holds 1,885,047 shares of Mexico Fund Inc common stock. This updated total reflects the addition of 217 shares acquired in the latest open-market purchase disclosed in the Form 4 filing.

At what price did Saba Capital buy additional MXF shares in the open market?

Saba Capital Management, L.P. purchased the additional Mexico Fund Inc common shares at $21.33 per share. This price applies to the 217 shares acquired in the single reported open-market transaction detailed in the Form 4 insider trading report.

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

Yes, Saba Capital Management, L.P. is identified as a ten percent owner of Mexico Fund Inc. The Form 4 filing flags Saba as a significant shareholder, and the transaction updates its indirect holdings to 1,885,047 common shares following the reported purchase.

Was Saba Capital’s MXF share purchase a direct or indirect holding change?

The purchase increased Saba Capital’s indirect holdings in Mexico Fund Inc, not direct ownership. The Form 4 lists the transaction with ownership type marked as indirect, reflecting shares held through an entity or structure associated with Saba Capital.