Welcome to our dedicated page for Mexico Fund news (Ticker: MXF), a resource for investors and traders seeking the latest updates and insights on Mexico Fund stock.
The Mexico Fund, Inc. (NYSE: MXF) is a non-diversified, closed-end management investment company that focuses on long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The MXF news page on Stock Titan aggregates company announcements, regulatory disclosures, and other updates that reflect how the fund manages its portfolio and communicates with shareholders.
News about The Mexico Fund frequently covers its Managed Distribution Plan (MDP), including declarations and payments of quarterly cash distributions. These releases detail per-share distribution amounts, record and payment dates, and estimates of the sources of each distribution among net investment income, net realized short-term capital gains, net realized long-term capital gains, and return of capital. They also provide context on performance measures such as average annual total return and distribution rates, along with cautions on how to interpret those figures.
Another key category of MXF news consists of performance and reporting updates, such as semi-annual and annual report announcements. These communications typically discuss net asset value (NAV) and market price total returns over various time periods, comparisons with the MSCI Mexico Index benchmark, and information about the discount between market price and NAV. They may also describe changes in the quarterly distribution level and renewals of the fund’s Expense Limitation Agreement.
Investors can also find news items related to shareholder and governance matters, including statements responding to significant shareholder filings and commentary on topics such as NAV performance, trading discount management, and quarterly cash distributions. For ongoing insight into MXF’s distributions, performance reporting, and governance-related communications, this news feed offers a consolidated view of the fund’s public disclosures.
The Mexico Fund, Inc. (NYSE: MXF) released its fiscal 2022 Semi-Annual Report for the period ended April 30, 2022. The Fund achieved a total return of 2.95% for NAV per share and 3.04% for market price, outperforming the MSCI Mexico Index, which gained 2.84%. As of April 30, the Fund's market price and NAV were $15.06 and $17.57, respectively, reflecting a 14.29% discount. The Fund's expense ratio was 1.38%, below the new cap of 1.40%. Quarterly distributions of $0.18 per share were declared for July 28, 2022.
The Mexico Fund, Inc. (NYSE: MXF) declared a cash distribution of $0.18 per share for stockholders on record as of July 20, 2022, payable on July 28, 2022. This marks a continuation of the Fund's Managed Distribution Policy (MDP), which has paid out a total of $25.00 per share since September 2008. The distribution sources for July 2022 include $0.1035 from net investment income and $0.0500 from net realized long-term capital gains. The current annualized distribution rate is 3.34% with a cumulative total return of 8.87% for the fiscal year.
The Mexico Fund, Inc. (NYSE: MXF) announced a cash distribution of $0.18 per share to stockholders of record as of April 20, 2022, as part of its Managed Distribution Plan. The distribution consists of $0.0626 (34.78%) from net investment income and $0.1174 (65.22%) as a return of capital. The Fund reports an average annual total return of 10.94% over the past five years and a current annualized distribution rate of 2.22%. The current fiscal year began on November 1, 2021.
The Mexico Fund, Inc. (NYSE: MXF) announced a cash distribution of $0.18 per share for stockholders of record on April 20, 2022, payable on April 28, 2022. The Board confirmed the continuation of the Fund's Managed Distribution Policy (MDP) for 2022. Since its inception in September 2008, the Fund has disbursed a total of $24.82 per share. The source of the upcoming distribution includes $0.0626 from net investment income and $0.1174 as a return of capital, totaling 100% of the distribution. Current annualized distribution rate stands at 3.04%.
The Mexico Fund, Inc. (NYSE: MXF) announced the results of its 2022 Annual Meeting of Stockholders. Stockholders re-elected Claudio X. González, Edward P. Djerejian, and Alberto Osorio for a three-year term, expiring in 2025. Claudia Jañez was elected as a Class I Director until 2024. The voting results showed significant support for all nominees, with González receiving 75.76% and Jañez 78.69% of outstanding shares in favor. Notably, there were no abstentions or broker non-votes for these elections.
The Mexico Fund, Inc. (NYSE: MXF) announced a cash distribution of $0.18 per share for stockholders of record as of January 20, 2022. This distribution comes under the Fund's Managed Distribution Plan and is comprised of $0.0626 from net investment income and $0.1174 as a return of capital. The total distribution represents 100% of the amount paid. For the fiscal year-to-date, the Fund reported a cumulative total return of 5.46% and a 5-year average annual total return of 7.06%.
The Mexico Fund, Inc. (NYSE: MXF) reported its fiscal 2021 Annual Report, highlighting a remarkable recovery with a total return of 40.26% for NAV per share and 46.07% for market price. Although the NAV underperformed against its benchmark, it outperformed over 3, 5, and 10 years. As of October 31, 2021, market price was $14.97 and NAV was $17.40, reflecting a 13.97% discount. The Fund's Managed Distribution Plan was reinstated, with dividends of $0.36 per share in fiscal 2021, and a new $0.18 distribution declared for January 2022.
The Mexico Fund, Inc. (NYSE: MXF) has declared a cash distribution of $0.18 per share for stockholders of record on January 20, 2022, payable on January 27, 2022. The Fund's Distribution Policy (MDP) will continue in 2022, allowing the Board to amend or terminate it without prior notice. Since September 2008, the Fund has distributed a total of $24.64 per share. The January 2022 distribution consists of $0.0626 from net investment income and $0.1174 as a return of capital, highlighting a shift away from capital gains.
The Mexico Fund, Inc. (NYSE: MXF) announced a cash distribution of $0.18 per share to stockholders of record as of October 21, 2021. This distribution is part of the Fund's Managed Distribution Plan and includes $0.1129 from net investment income, $0.0350 from net realized short-term capital gains, and $0.0321 from return of capital. For fiscal year-to-date, the cumulative total return is 37.82% with a current annualized distribution rate of 1.14%. The Fund focuses on long-term capital appreciation through investments in Mexican securities.
The Mexico Fund, Inc. (NYSE: MXF) declared a cash distribution of $0.18 per share for stockholders of record on October 21, 2021, payable on October 28, 2021. The Fund has paid a total of $24.46 per share since initiating its Managed Distribution Policy (MDP) in September 2008. The distribution sources for October 2021 include $0.1023 from net investment income and $0.0777 from return of capital. The Fund's current annualized distribution rate stands at 1.16%, with a cumulative total return of 48.52% for the current fiscal year.
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