STOCK TITAN

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

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Saba Capital Management, L.P., a more than ten percent owner of Mexico Fund Inc, reported additional open-market purchases of the fund’s common stock. It bought 9,633 shares at $22.24 per share on June 2, 2026 and 708 shares at $21.90 per share on June 1, 2026, all held indirectly. Following these transactions, it indirectly owns 2,101,430 shares of common stock, reflecting a modest increase in its existing position.

Positive

  • None.

Negative

  • None.
Insider Saba Capital Management, L.P.
Role null
Bought 10,341 shs ($230K)
Type Security Shares Price Value
Purchase Common Stock 9,633 $22.24 $214K
Purchase Common Stock 708 $21.90 $16K
Holdings After Transaction: Common Stock — 2,101,430 shares (Indirect, -)
Footnotes (1)
Shares bought 2026-06-02 9,633 shares Open-market purchase at $22.24 per share
Shares bought 2026-06-01 708 shares Open-market purchase at $21.90 per share
Total shares bought 10,341 shares Net buying across two open-market transactions
Holdings after trades 2,101,430 shares Indirect common stock ownership following June 2, 2026 purchase
Price per share $22.24/share June 2, 2026 open-market purchase price
Price per share $21.90/share June 1, 2026 open-market purchase price
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 regulatory
"is_ten_percent_owner" : 1"
indirect ownership financial
"ownership_type" : "indirect""
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.
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SEC Form 4
FORM 4UNITED 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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026P708A$21.92,091,797I-
Common Stock06/02/2026P9,633A$22.242,101,430I-
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Saba Capital Management, L.P. By: Zachary Gindes06/03/2026
Boaz Weinstein06/03/2026
** Signature of Reporting PersonDate
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 in Mexico Fund Inc (MXF)?

Saba Capital Management, L.P. reported buying additional Mexico Fund Inc common shares in open-market transactions. The filing shows two purchases in early June 2026, modestly increasing its already significant indirect ownership stake in the closed-end fund.

How many Mexico Fund Inc (MXF) shares did Saba Capital buy in this Form 4?

Saba Capital bought a total of 10,341 Mexico Fund Inc common shares. This includes 9,633 shares purchased at $22.24 on June 2, 2026 and 708 shares at $21.90 on June 1, 2026, all reported as indirect ownership.

What is Saba Capital’s total indirect ownership in Mexico Fund Inc (MXF) after the trades?

After these purchases, Saba Capital’s indirect holdings total 2,101,430 Mexico Fund Inc common shares. This figure, disclosed in the Form 4, provides investors with updated information on the size of this more than ten percent owner’s position.

Were Saba Capital’s Mexico Fund Inc (MXF) trades open-market purchases?

Yes. Both transactions are coded as “P” and described as purchases in open-market or private transactions. The Form 4 characterizes them as open-market purchases of Mexico Fund Inc common stock, rather than grants, option exercises, or non-market movements.

Does Saba Capital hold Mexico Fund Inc (MXF) shares directly or indirectly?

The Form 4 reports Saba Capital’s Mexico Fund Inc holdings as indirect. Each transaction lists ownership type as indirect, indicating the shares are held through an entity or structure associated with Saba Capital, rather than in its direct name.