THE MEXICO FUND ACKNOWLEDGES SABA CAPITAL MANAGEMENT, L.P. INVESTMENT, REAFFIRMS COMMITMENT TO SHAREHOLDER VALUE
The Mexico Fund (NYSE: MXF), a closed-end fund focused on Mexican equities, has acknowledged Saba Capital Management's recent 8.35% stake acquisition in the fund. The fund's President and CEO, Alberto Osorio, welcomed Saba Capital as a significant institutional investor.
The fund emphasized its commitment to reducing NAV discount and enhancing performance while maintaining dialogue with shareholders. MXF highlighted its strong governance practices, NAV performance track record, trading discount management, and consistent quarterly distributions. The fund reaffirmed its focus on long-term capital appreciation and ongoing efforts to strengthen shareholder value.
The Mexico Fund (NYSE: MXF), un fondo chiuso specializzato in azioni messicane, ha confermato l'acquisizione recente di una partecipazione dell'8,35% da parte di Saba Capital Management. Il Presidente e CEO del fondo, Alberto Osorio, ha accolto Saba Capital come un importante investitore istituzionale.
Il fondo ha sottolineato il suo impegno a ridurre lo sconto sul NAV e migliorare le performance, mantenendo un dialogo costante con gli azionisti. MXF ha evidenziato le sue solide pratiche di governance, il track record delle performance del NAV, la gestione dello sconto di negoziazione e le distribuzioni trimestrali costanti. Il fondo ha ribadito il suo focus sull'apprezzamento del capitale a lungo termine e sugli sforzi continui per rafforzare il valore per gli azionisti.
The Mexico Fund (NYSE: MXF), un fondo cerrado enfocado en acciones mexicanas, ha reconocido la reciente adquisición del 8.35% de participación por parte de Saba Capital Management. El presidente y CEO del fondo, Alberto Osorio, dio la bienvenida a Saba Capital como un inversor institucional significativo.
El fondo enfatizó su compromiso de reducir el descuento sobre el NAV y mejorar el rendimiento, manteniendo el diálogo con los accionistas. MXF destacó sus sólidas prácticas de gobernanza, el historial de desempeño del NAV, la gestión del descuento en la negociación y las distribuciones trimestrales consistentes. El fondo reafirmó su enfoque en la apreciación de capital a largo plazo y los esfuerzos continuos para fortalecer el valor para los accionistas.
The Mexico Fund (NYSE: MXF)는 멕시코 주식에 집중하는 폐쇄형 펀드로, Saba Capital Management가 최근 8.35% 지분을 인수한 사실을 확인했습니다. 펀드의 사장 겸 CEO인 Alberto Osorio는 Saba Capital을 중요한 기관 투자자로 환영했습니다.
펀드는 NAV 할인 축소와 성과 향상에 대한 의지를 강조하며 주주들과의 소통을 유지하고 있습니다. MXF는 강력한 거버넌스 관행, NAV 성과 기록, 거래 할인 관리, 그리고 꾸준한 분기 배당을 강조했습니다. 또한 장기적인 자본 성장과 주주 가치 제고를 위한 지속적인 노력을 재확인했습니다.
The Mexico Fund (NYSE: MXF), un fonds fermé axé sur les actions mexicaines, a confirmé l'acquisition récente d'une participation de 8,35 % par Saba Capital Management. Le président et CEO du fonds, Alberto Osorio, a accueilli Saba Capital en tant qu'investisseur institutionnel important.
Le fonds a souligné son engagement à réduire la décote sur la valeur liquidative (NAV) et à améliorer la performance tout en maintenant un dialogue avec les actionnaires. MXF a mis en avant ses solides pratiques de gouvernance, son historique de performance du NAV, la gestion de la décote de négociation et des distributions trimestrielles régulières. Le fonds a réaffirmé son objectif d'appréciation du capital à long terme et ses efforts continus pour renforcer la valeur pour les actionnaires.
The Mexico Fund (NYSE: MXF), ein geschlossener Fonds mit Fokus auf mexikanische Aktien, hat den kürzlichen Erwerb eines 8,35%-Anteils durch Saba Capital Management bestätigt. Der Präsident und CEO des Fonds, Alberto Osorio, begrüßte Saba Capital als bedeutenden institutionellen Investor.
Der Fonds betonte sein Engagement zur Reduzierung des NAV-Abschlags und zur Leistungssteigerung bei gleichzeitiger Aufrechterhaltung des Dialogs mit den Aktionären. MXF hob seine starken Governance-Praktiken, die Erfolgsbilanz der NAV-Performance, das Management des Handelsabschlags sowie die konsistenten vierteljährlichen Ausschüttungen hervor. Der Fonds bekräftigte seinen Fokus auf langfristige Kapitalwertsteigerung und kontinuierliche Bemühungen zur Stärkung des Aktionärswerts.
- Saba Capital Management, an experienced institutional investor, acquired 8.35% stake
- Fund maintains consistent quarterly cash distributions
- Strong governance practices and solid NAV performance track record
- Existence of trading discount to NAV requiring management attention
"We recognize Saba Capital as an important institutional investor with deep expertise in the closed-end fund space," said Alberto Osorio, President and CEO of The Mexico Fund. "We continue to evaluate strategies to reduce the discount to NAV and enhance performance in the best interests of all shareholders, while maintaining an open and constructive dialogue with all shareholders, as we pursue these value-enhancing initiatives", he added.
The Mexico Fund has consistently upheld strong governance practices, demonstrated a solid track record of NAV performance, responsibly managed its trading discount, and delivered reliable quarterly cash distributions. The Fund remains focused on its core objective of long-term capital appreciation and continues to explore opportunities to strengthen shareholder value, reduce the market discount, and optimize capital deployment.
For more information, please visit www.themexicofund.com
CONTACT:
Tofi Dayan
+5255-9138-3350
Email: investor-relations@themexicofund.com
Patricia Baronowski Pristine Advisers, LLC
+1-631-756-2486
Email: pbaronowski@pristineadvisers.com
About The Mexico Fund, Inc.
The Mexico Fund, Inc. is a non-diversified closed-end management investment company with the investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The Fund provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.
This release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Fund's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the risks and uncertainties described in the Fund's filings with the Securities and Exchange Commission. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Fund undertakes no obligation to release publicly any revisions to these forward looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by The Mexico Fund or any other person that the events or circumstances described in such statement are material.
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SOURCE The Mexico Fund, Inc.
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