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Mexico Fund Inc - MXF STOCK NEWS

Welcome to our dedicated news page for Mexico Fund (Ticker: MXF), a resource for investors and traders seeking the latest updates and insights on Mexico Fund.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mexico Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mexico Fund's position in the market.

Rhea-AI Summary
The Mexico Fund, Inc. (NYSE: MXF) announced the re-election of Ms. Claudia Jañez and the election of Mr. Luis de la Calle and Mr. Richard B. Vaughan as Class I Directors for a three-year term expiring in 2027. The Annual Meeting results showed significant support for the elected Directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
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Rhea-AI Summary
The Mexico Fund, Inc. (MXF) declares a distribution of $0.22 per share, continuing its Managed Distribution Plan (MDP) in 2024. Since 2008, it has paid $26.38 per share in cash distributions. The distribution breakdown includes net investment income, capital gains, and return of capital. The Fund's 5-year average annual total return is 11.47%, with a current annualized distribution rate of 3.00%. The current fiscal year cumulative total return is 18.04%, and the cumulative distribution rate is 0.99%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
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News
Rhea-AI Summary
The Mexico Fund, Inc. (MXF) announced a distribution of $0.22 per share in cash to stockholders of record as of January 17, 2024, according to the Fund's Managed Distribution Plan. The distribution consists of net investment income, short-term capital gains, long-term capital gains, and return of capital. The average annual total return for the 5-year period ended on December 31, 2023, was 14.06%, and the current fiscal year cumulative total return was 23.99%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
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Rhea-AI Summary
The Mexico Fund, Inc. (NYSE: MXF) has released its fiscal 2023 Annual Report, showing a total return of 11.92% for NAV per share and 12.10% for market price. The Fund has outperformed the MSCI Mexico Index over the one-, five-, ten-, and fifteen-year periods. The market price and NAV per share were $15.10 and $18.97, respectively, with a 20.40% discount. The Fund's Expense Limitation Agreement was renewed for fiscal year 2024, with an ordinary expense ratio of 1.35% in 2023, below the 1.40% limit. A distribution of $0.22 per share has been declared to be paid on January 25, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
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Rhea-AI Summary
The Mexico Fund, Inc. (NYSE: MXF) has increased its quarterly distribution from $0.20 to $0.22 per share, representing a 10.0% increase and a 5.0% annualized distribution rate relative to its market price as of November 30, 2023. The Board has ratified the continuation of the Fund´s Managed Distribution Plan (MDP) and declared a distribution of $0.22 per share to stockholders of record on January 17, 2024, payable in cash on January 25, 2024. Since the implementation of the MDP in September 2008, the Fund has paid a total of $26.16 per share in cash distributions to stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.2%
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News
Rhea-AI Summary
The Mexico Fund, Inc. (NYSE: MXF) has announced a cash distribution of $0.20 per share to stockholders of record as of October 18, 2023. The distribution consists of net investment income, capital gains, and return of capital. The Fund's performance shows an average annual total return of 8.71% for the 5-year period ended on September 30, 2023.
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Rhea-AI Sentiment
End-of-Day
0.94%
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Rhea-AI Summary
The Mexico Fund, Inc. declares a distribution of $0.20 per share to stockholders, payable in cash on October 26, 2023.
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-0.06%
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-0.17%
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1.62%
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Mexico Fund Inc

NYSE:MXF

MXF Rankings

MXF Stock Data

274.17M
2.78%
56.11%
0.02%
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Mexico
Mexico City