Saba Capital Increases Stake in The Mexico Fund, Inc. to 13.07%

On April 23, 2026, Saba Capital Management, L.P., along with Saba Capital Management GP, LLC and Boaz R. Weinstein, filed an amendment to their Schedule 13D regarding their holdings in The Mexico Fund, Inc. (MXF). The filing indicates an increase in their position to 1,884,830 common shares, representing approximately 13.07% of the class. This reflects an increase from their previously reported position of 1,691,300 shares. The reporting persons acquired these shares through open market purchases using working capital and margin account borrowings, totaling approximately $34.04 million. Within the sixty days preceding the filing, the group engaged in multiple buy transactions, most notably a significant purchase of 100,000 shares on April 22, 2026, at a price of $21.83 per share. The reporting persons share voting and dispositive power over the reported shares. The purpose of these transactions appears to be for investment, as the funds and accounts advised by Saba Capital maintain the right to receive dividends and sales proceeds.