Saba Capital Management Increases Stake in The Mexico Fund, Inc. to 14.33%
On May 28, 2026, Saba Capital Management, L.P., alongside Saba Capital Management GP, LLC and Boaz R. Weinstein, filed an amendment to their Schedule 13D regarding The Mexico Fund, Inc. (MXF). The filing indicates that the reporting persons have increased their position in the company, now beneficially owning 2,065,923 common shares, which represents approximately 14.33% of the class. This is an increase from their previously reported holdings of 1,884,830 shares (13.07%). The acquisition of these additional shares was conducted through a series of open-market purchases between May 1, 2026, and May 27, 2026, at prices ranging from $21.33 to $22.27 per share. The total aggregate purchase price for the shares reported is approximately $38,017,352, funded through investor subscription proceeds and margin account borrowings. The reporting persons maintain shared voting and dispositive power over the shares and continue to evaluate their investment in the issuer.