Saba Capital Management and related reporting persons disclose beneficial ownership of 2,065,923 common shares of The Mexico Fund, Inc., representing 14.33% of the company’s outstanding stock as of April 30, 2026. The percentage is based on 14,420,065 common shares outstanding.
The stake is held through funds and accounts advised by Saba Capital, which receive dividends and sale proceeds. Approximately $38,017,352 was paid to acquire these shares, primarily via investor subscription proceeds, capital appreciation, and ordinary-course margin borrowings. All recent trades from April 23 to May 27, 2026 were executed in the open 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. 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.
Saba Capital Management, L.P., a ten percent owner of Mexico Fund Inc, reported an open-market purchase of common stock. On May 21, 2026, it bought 7,166 shares at $21.67 per share. Following this transaction, Saba Capital indirectly holds 2,006,913 shares of Mexico Fund Inc common stock.
Saba Capital Management, L.P., a ten percent owner of Mexico Fund Inc, reported additional open-market purchases of the fund’s common stock. The firm bought 22,914 shares on May 19, 2026 at $21.58 per share and 4,610 shares on May 20, 2026 at $21.68 per share, totaling 27,524 shares.
After these indirect purchases, Saba Capital’s reported holdings increased to 1,999,747 shares of Mexico Fund Inc common stock.
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.
Saba Capital Management, L.P., a ten percent owner of The Mexico Fund, Inc. (MXF), reported open-market purchases of the fund’s common stock. On May 14 and 15, 2026, Saba bought a total of 41,442 shares at $22.00 per share, increasing its indirect holdings to 1,953,637 shares. These are straightforward open-market buys, signaling additional capital allocated to MXF rather than sales or option exercises.
Mexico Fund Inc/The ownership disclosure: Lazard Asset Management LLC reported beneficial ownership of 717,886 shares of common equity, representing 5.0% of the class as reported on Schedule 13G. The filing lists sole voting and sole dispositive power over all 717,886 shares and is signed May 15, 2026.
Saba Capital Management, L.P., a more-than-ten-percent owner of MEXICO FUND INC, reported open-market purchases of the fund’s common stock. It bought a total of 24,148 shares across two days at prices just above $22 per share, bringing its indirect holdings to 1,912,195 shares of common stock.
Saba Capital Management, L.P., a ten percent owner of Mexico Fund Inc, reported an open-market purchase of 3,000 shares of Common Stock at $21.82 per share on May 7, 2026. After this trade, it indirectly owns 1,888,047 shares of Mexico Fund common stock.
The Mexico Fund, Inc. (MXF) is a non-diversified closed-end fund investing mainly in Mexican equities and trading on the NYSE. For April 2026, the Fund’s NAV per share was $24.65 and its market price was $21.14, reflecting a 14.24% discount to NAV and total net assets of $355.47 million.
The Fund’s NAV rose 1.6% in April, lagging the 2.3% gain of the MSCI Mexico Index, while the market price increased 2.68%. One-year market price performance was 44.38%, with NAV up 33.38%. The Fund operates under a Managed Distribution Plan with quarterly payments of $0.35 per share, which can be changed or terminated by the Board.
Top ten holdings represented 67.62% of net assets, led by Grupo México, Fomento Económico Mexicano and Grupo Financiero Banorte. The expense ratio was 1.36% and portfolio turnover was 13.14% as of October 31, 2025.