THE MEXICO FUND, INC. DECLARES DISTRIBUTION

Rhea-AI Summary

The Mexico Fund (NYSE: MXF) has announced a 13.6% increase in its quarterly distribution from $0.22 to $0.25 per share, representing a 6.0% annualized distribution rate. The distribution will be paid on July 30, 2025, to stockholders of record as of July 22, 2025. Since implementing its Managed Distribution Plan (MDP) in September 2008, the Fund has distributed $27.48 per share. The July 2025 distribution comprises 67.57% net investment income, 16.9% capital gains, and 15.53% return of capital. The Fund's performance metrics show an impressive 18.53% average annual total return for the 5-year period ended May 31, 2025, with a current fiscal year cumulative total return of 19.44%.

Positive

• Quarterly distribution increased by 13.6% from $0.22 to $0.25 per share
• Strong 18.53% average annual total return for the 5-year period
• Impressive 19.44% current fiscal year cumulative total return
• Majority of distribution (67.57%) comes from net investment income, indicating strong underlying performance

Negative

• 15.53% of distribution consists of return of capital, which may impact the fund's asset base
• Distribution rate of 4.27% is relatively modest compared to some other income funds

Insights

Fund Distribution Analyst

Mexico Fund increased quarterly dividend by 13.6% to $0.25/share, reflecting strong fund performance with 18.53% 5-year returns.

The Mexico Fund (NYSE: MXF) has announced a significant 13.6% increase in its quarterly distribution, raising it from $0.22 to $0.25 per share. This represents a 6.0% annualized distribution rate based on the fund's market price as of May 31, 2025.

The distribution composition reveals important insights about the fund's performance. Of the $0.25 per share distribution, $0.1690 (67.57%) comes from net investment income – a healthy sign indicating the fund is generating substantial income from its underlying investments. The remaining portions include $0.0147 (5.88%) from short-term capital gains, $0.0275 (11.02%) from long-term capital gains, and $0.0388 (15.53%) categorized as return of capital.

The fund's performance metrics are particularly impressive, with an average annual total return of 18.53% for the 5-year period ended May 31, 2025. The current fiscal year (beginning November 1, 2024) has already delivered a cumulative total return of 19.44% through May 31, 2025.

This distribution increase marks another milestone in the fund's Managed Distribution Plan (MDP), which has delivered total cash distributions of $27.48 per share since its implementation in September 2008. The new distribution will be payable on July 30, 2025, to stockholders of record as of July 22, 2025.

COLUMBIA, Maryland, June 23, 2025 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF), announced that the Board of Directors (Board) increased the Fund´s quarterly distribution from $0.22 per share to $0.25 per share, representing an increase of 13.6% and a 6.0% annualized distribution rate relative to its market price as of May 31, 2025. Accordingly, the Board has approved the continuation of the Fund´s MDP and declared a distribution of $0.25 per share to stockholders of record on July 22, 2025, which is payable in cash on July 30, 2025.

The Board may amend or terminate the MDP at any time without prior notice to stockholders. Since the implementation of the MDP in September 2008, the Fund has paid a total of $27.48 per share in cash distributions to stockholders.

The amount of distributable income for each fiscal period depends on the aggregate gains and losses realized by the Fund during the entire year. Distributions may consist of net investment income, capital gains and return of capital, but the character of these distributions cannot be determined until after the end of the Fund's fiscal year. However, under the Investment Company Act of 1940, as amended, the Fund is required to indicate the source of each distribution to stockholders. The following table sets forth (A) an estimate of the source of the July 2025 distribution and (B) an estimate of the source of distributions for the current fiscal year:

Distribution Estimates	July 2025		Fiscal Year-to-date ( YTD)1
Source	Per Share Amount	Percent of Current Distribution	Per Share Amount	Percent of Fiscal Year Distributions
Net Investment Income	$0.1690	67.57 %	$0.4664	67.57 %
Net Realized Short-Term Capital Gains	$0.0147	5.88 %	$0.0405	5.88 %
Net Realized Long-Term Capital Gains	$0.0275	11.02 %	$0.0760	11.02 %
Return of Capital	$0.0388	15.53 %	$0.1071	15.53 %
Total Distribution	$0.2500	100.00 %	$0.6900	100.00 %

Information regarding the Fund's performance and distribution rates is set forth below:

Average Annual Total Return for the 5-year period ended on May 31, 20252	18.53 %
Current Annualized Distribution Rate (current fiscal year)3	4.27 %
Current Fiscal Year Cumulative Total Return4	19.44 %
Cumulative Distribution Rate (current fiscal year)5	2.48 %

¹ The Fund's current fiscal year began on November 1, 2024.

² Average Annual Total Return represents the simple arithmetic average of the Annual NAV Total Returns of the Fund for the last five years. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of those distributions.

³ The Current Annualized Distribution Rate is the Cumulative Distribution Rate as of May 31, 2025, annualized as a percentage of the Fund's NAV at the same date.

⁴ Current Fiscal Year Cumulative Total Return is the percentage change in the Fund's NAV from November 1, 2024, through May 31, 2025, including distributions paid and assuming reinvestment of those distributions.

⁵ Cumulative Distribution Rate for the Fund's current fiscal period (November 1, 2024, through May 31, 2025) measured on the dollar value of distributions in the period as a percentage of the Fund's NAV as of May 31, 2025.

You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's MDP.

The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report the distribution for federal income tax purposes.

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.

View original content:https://www.prnewswire.com/news-releases/the-mexico-fund-inc-declares-distribution-302487337.html

SOURCE The Mexico Fund, Inc.

FAQ

What is the new quarterly dividend amount for Mexico Fund (MXF)?

The Mexico Fund's new quarterly distribution is $0.25 per share, increased from $0.22, representing a 13.6% increase.

When is the Mexico Fund (MXF) dividend payment date in July 2025?

The dividend payment date is July 30, 2025, for stockholders of record as of July 22, 2025.

What is Mexico Fund's (MXF) 5-year average annual total return as of May 2025?

The Mexico Fund's average annual total return for the 5-year period ended May 31, 2025, is 18.53%.

How much has Mexico Fund (MXF) paid in total distributions since starting its MDP?

Since implementing its Managed Distribution Plan in September 2008, the Fund has paid a total of $27.48 per share in cash distributions.

What is the source breakdown of MXF's July 2025 distribution?

The July 2025 distribution consists of 67.57% net investment income, 5.88% short-term capital gains, 11.02% long-term capital gains, and 15.53% return of capital.