<div id="readability-page-1"><p>Mexico Fund, Inc. (The) (NYSE:MXF - Get Free Report) major shareholder Saba Capital Management, L.P. acquired 6,008 shares of the business's stock in a transaction that occurred on Thursday, December 11th. The stock was purchased at an average price of $20.20 per share, for a total transaction of $121,361.60. Following the acquisition, the insider directly owned 1,637,197 shares in the company, valued at approximately $33,071,379.40. This trade represents a 0.37% increase in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this link. Major shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.</p><p>Saba Capital Management, L.P. also recently made the following trade(s): </p><ul><li>On Friday, December 12th, Saba Capital Management, L.P. bought 9,400 shares of Mexico Fund stock. The stock was purchased at an average cost of $19.91 per share, with a total value of $187,154.00. </li><li>On Wednesday, December 10th, Saba Capital Management, L.P. purchased 1,000 shares of Mexico Fund stock. The shares were acquired at an average cost of $19.70 per share, for a total transaction of $19,700.00. </li><li>On Tuesday, December 9th, Saba Capital Management, L.P. acquired 628 shares of Mexico Fund stock. The stock was acquired at an average cost of $19.74 per share, with a total value of $12,396.72. </li><li>On Monday, December 8th, Saba Capital Management, L.P. bought 2,403 shares of Mexico Fund stock. The shares were acquired at an average cost of $19.63 per share, for a total transaction of $47,170.89. </li><li>On Friday, December 5th, Saba Capital Management, L.P. bought 15,492 shares of Mexico Fund stock. The shares were acquired at an average price of $19.59 per share, for a total transaction of $303,488.28. </li><li>On Thursday, December 4th, Saba Capital Management, L.P. purchased 698 shares of Mexico Fund stock. The stock was acquired at an average cost of $19.58 per share, with a total value of $13,666.84. </li><li>On Tuesday, December 2nd, Saba Capital Management, L.P. purchased 299 shares of Mexico Fund stock. The stock was acquired at an average price of $19.44 per share, with a total value of $5,812.56. </li><li>On Monday, December 1st, Saba Capital Management, L.P. acquired 10,902 shares of Mexico Fund stock. The stock was bought at an average price of $19.45 per share, for a total transaction of $212,043.90. </li><li>On Tuesday, November 25th, Saba Capital Management, L.P. bought 1,869 shares of Mexico Fund stock. The stock was bought at an average price of $19.10 per share, with a total value of $35,697.90. </li><li>On Friday, November 21st, Saba Capital Management, L.P. purchased 200 shares of Mexico Fund stock. The shares were bought at an average price of $18.76 per share, for a total transaction of $3,752.00. </li></ul><h2>Mexico Fund Price Performance</h2><p>MXF stock traded up $0.19 during mid-day trading on Monday, reaching $20.23. The company had a trading volume of 46,251 shares, compared to its average volume of 55,548. The firm has a fifty day simple moving average of $19.20 and a 200 day simple moving average of $18.35. Mexico Fund, Inc. has a fifty-two week low of $13.10 and a fifty-two week high of $20.45. </p><h2>Mexico Fund Increases Dividend</h2><p>The company also recently announced a quarterly dividend, which will be paid on Thursday, January 29th. Investors of record on Wednesday, January 21st will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 6.9%. This is a positive change from Mexico Fund's previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Wednesday, January 21st. </p><h2>Institutional Inflows and Outflows</h2><p>Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Blue Bell Private Wealth Management LLC increased its position in shares of  Mexico Fund by 92.3% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 2,500 shares of the investment management company's stock valued at $49,000 after purchasing an additional 1,200 shares during the last quarter.  Scotia Capital Inc. purchased a new stake in shares of  Mexico Fund during the 2nd quarter worth $196,000.  Alpine Global Management LLC acquired a new position in shares of  Mexico Fund during the third quarter worth $265,000.  Calamos Advisors LLC increased its holdings in  Mexico Fund by 21.7% in the third quarter. Calamos Advisors LLC now owns 14,201 shares of the investment management company's stock valued at $280,000 after buying an additional 2,535 shares during the last quarter.  Finally, North Ground Capital purchased a new position in  Mexico Fund in the third quarter valued at $608,000. </p><h2>About Mexico Fund</h2> (Get Free Report)<p>The Mexico Fund, Inc is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc was formed in June 01, 1981 and is domiciled in Maryland, United States.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Mexico Fund</li><li>Why Understanding Call Option Volume is Essential to Successful Options Trading</li><li>Super Micro's Sell-Off Is a Mirage—Here’s Why the Rally May Come Back Fast</li><li>What is a Bond Market Holiday? How to Invest and Trade</li><li>3 Companies Turning Big Cash Flow Into Bigger Shareholder Gains</li><li>Most active stocks: Dollar volume vs share volume</li><li>GOOGL's Unstoppable Momentum Drives Price Targets to Record Highs</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1YRg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1YRg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Mexico Fund Right Now?</h2><p>Before you consider Mexico Fund, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mexico Fund wasn't on the list.</p><p>While Mexico Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Saba Capital Management, L.P., a major shareholder of Mexico Fund, Inc. (NYSE:MXF), acquired 6,008 shares at $20.20 each, totaling $121,361.60. This purchase increased their ownership by 0.37%, now holding 1,637,197 shares valued at $33,071,379.40. The transaction was disclosed to the SEC. Saba Capital also made several other purchases in December, reflecting active investment in Mexico Fund.</p>

Mexico Fund (NYSE:MXF) Major Shareholder Acquires $121,361.60 in Stock