Saba Capital Management, L.P. Expands Stake in Mexico Fund Inc

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Saba Capital Management, L.P. has increased its holdings in Mexico Fund Inc (MXF) by acquiring an additional 3,749 shares at $20.37 each, bringing their total to 1,763,181 shares. This transaction makes MXF 1.09% of Saba Capital’s portfolio and 12.23% of its holdings within the fund. While Mexico Fund Inc aims for long-term capital appreciation in the Mexican market, a low GF Score of 32/100 and poor growth ranks suggest caution for future performance despite recent stock price gains and a robust ROE.

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