Mexico Fund sets $0.35 payout, 11.92% NAV discount

Mexico Fund (MXF) reports $355.75 million in net assets, an 11.92% discount to NAV, and maintains a $0.35 per share quarterly managed distribution.

Rhea-AI Filing Summary

MEXICO FUND INC (MXF), a non-diversified closed-end fund investing mainly in Mexican equities, reports total net assets of $355.75 million and a NAV per share of $24.67 as of August 31, 2026. The NYSE-traded market price was $21.73, reflecting an 11.92% discount to NAV.

The Board has authorized a Managed Distribution Plan with quarterly distributions of $0.35 per share, which may be amended or terminated at any time. Over 1 year, MXF’s market price returned 26.96% and NAV 24.73%, compared with 31.09% for the MSCI Mexico Index. Since December 2008, annualized NAV return is 8.70%.

Top ten holdings account for 67.66% of net assets, led by Grupo México at 17.48% and Grupo Financiero Banorte at 10.82%. The Fund highlights risks tied to Mexican and foreign investments, currency fluctuations, market volatility, and the potential for persistent discounts or premiums to NAV.

Key Figures

Total Net Assets: $355.75 million NAV per share: $24.67 Closing price: $21.73 +5 more

8 metrics

Total Net Assets $355.75 million As of August 31, 2026

NAV per share $24.67 As of August 31, 2026

Closing price $21.73 As of August 31, 2026

Discount to NAV 11.92% As of August 31, 2026

1-Year Market Price Return 26.96% Cumulative return for 1 year ended August 31, 2026

1-Year NAV Return 24.73% Cumulative return for 1 year ended August 31, 2026

Quarterly distribution $0.35 per share Authorized under Managed Distribution Plan

Top Ten Holdings Share 67.66% Proportion of net assets in top ten holdings

Key Terms

Managed Distribution Plan, closed-end management investment company, Net Asset Value, discount, +2 more

6 terms

Managed Distribution Plan financial

"The Board of Directors of the Fund has authorized quarterly distributions"

A managed distribution plan is a company’s program to pay regular, predictable cash amounts to shareholders by setting a fixed schedule and target payout, often funded from operating cash, reserves, or return of capital. Think of it like a household budget that guarantees a monthly allowance: it provides steady income for investors but can mask when distributions exceed sustainable earnings, which may reduce the company’s capital over time and affect long‑term value.

closed-end management investment company financial

"is a non-diversified closed-end management investment company with"

A closed-end management investment company is a pooled investment fund that raises a fixed amount of capital by issuing a set number of shares and then lists those shares for trading on an exchange; investors buy and sell shares on the market rather than redeeming them back to the fund. Think of it like a store with a fixed number of bottles on the shelf: the market price can be higher or lower than the underlying value of the assets, which matters to investors because it affects returns, liquidity and income characteristics independent of the fund’s actual holdings.

Net Asset Value financial

"Shares of closed-end funds may trade above (premium) or below (discount) the NAV"

Net asset value is the total value of an investment fund's assets minus any liabilities, divided by the number of shares or units outstanding. It represents the per-share worth of the fund, similar to how the value of a house is determined by its total worth after debts are subtracted. Investors use it to gauge the true value of their holdings and to compare different investment options.

discount financial

"Shares of closed-end funds may trade above (premium) or below (discount) the NAV"

A discount is when a security or fund is selling for less than a basic benchmark value — for example the value of the assets behind it, its original face value, or its recent market price. For investors this matters because a discount can be an opportunity to buy cheaper than what you might expect to be the asset’s worth, but it can also signal underlying problems or lower future returns, much like buying a product below sticker price that may come with hidden issues.

Portfolio Turnover financial

"Portfolio Turnover (4/30/2026) | 8.06%"

Portfolio turnover measures how much of an investment portfolio’s holdings are bought and sold over a set period, usually a year, expressed as a percentage of the total assets. Think of it like how often you swap items in a pantry: higher turnover means frequent trading, which can signal an active strategy but also raises trading costs and taxable events that can lower an investor’s net returns; lower turnover suggests a buy-and-hold approach with fewer transaction-related expenses.

foreign custody risk financial

"including among others the risks of foreign investments, Mexican investments, market"

FAQ

What are the key August 31, 2026 metrics for Mexico Fund Inc. (MXF)?

As of August 31, 2026, Mexico Fund reported $355.75 million in total net assets, a NAV of $24.67 per share, a market price of $21.73 per share, and an 11.92% discount to NAV. The expense ratio as of April 30, 2026 was 1.18%.

How has Mexico Fund Inc. (MXF) performed versus the MSCI Mexico Index?

For the 1-year period to August 31, 2026, MXF’s market price returned 26.96% and NAV returned 24.73%, compared with the MSCI Mexico Index at 31.09%. Since December 2008, annualized NAV return is 8.70% versus the index at 7.73%.

What distribution does Mexico Fund Inc. (MXF) pay under its Managed Distribution Plan?

The Board has authorized quarterly distributions of $0.35 per share under a Managed Distribution Plan. With each distribution, MXF will provide a notice and press release detailing the amount and composition. The Board may amend or terminate the plan at any time.

What are the top holdings of Mexico Fund Inc. (MXF) and their weights?

Top ten holdings represent 67.66% of net assets. The largest are Grupo México 17.48%, Grupo Financiero Banorte 10.82%, Fomento Económico Mexicano 9.50%, Cemex 6.67%, and Wal-Mart de México 5.45%, with five other names between 3.20% and 4.22%.

What trading and turnover characteristics does Mexico Fund Inc. (MXF) report?

In August 2026, MXF’s daily average number of shares traded was 33,934 on U.S. consolidated markets. The Fund had 14,420,065 shares outstanding and reported no share repurchases during the month. Portfolio turnover was 8.06% as of April 30, 2026.

What key risks does Mexico Fund Inc. (MXF) highlight for investors?

The Fund cites risks including foreign and Mexican investment risk, market illiquidity and volatility, market corrections, Mexican economic and political risks, currency exchange rate fluctuations, NAV discount risk, foreign custody risk, dollar-denominated investment risk, and risks from the concentrated Mexican equity market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/08/2026 - 10:03 AM Accepted by SEC EDGAR 09/08/2026 - 10:02 AM Learn about SEC filing dates

Exhibit 99.(i)

		The Mexico Fund, Inc.
		Monthly Summary Report | August 31, 2026

Description

The Mexico Fund, Inc. (the “Fund”) 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 Exchanges. 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. The Fund’s shares are listed and traded on the New York Stock Exchange (“NYSE”) under the symbol “MXF.”

Managed Distribution Plan (“MDP”)

The Board of Directors of the Fund has authorized quarterly distributions of $0.35 per share under the MDP. With each distribution, the Fund will issue a notice to stockholders and an accompanying press release, which will provide detailed information regarding the amount and composition of the distribution and other information required by the Fund’s MDP exemptive order. The Fund’s Board of Directors may amend or terminate the MDP at any time without prior notice to stockholders. You should not draw any conclusions about the Fund’s investment performance from the amount of distributions or from the terms of the Fund’s MDP.

Highlights

Total Net Assets (million)1	$355.75	Daily Average Number of Shares Traded2	33,934
NAV per share1	$24.67	Outstanding Shares3	14,420,065
Closing price2	$21.73	Expense Ratio (4/30/2026)	1.18%
Discount	11.92%	Portfolio Turnover (4/30/2026)	8.06%

Performance1	Cumulative			Annualized
	1 Month	YTD	1 Year	3 Years	5 Years	10 Years	Dec – 084
MXF Market Price	-0.14%	13.20%	26.96%	13.91%	12.06%	7.92%	9.28%
MXF NAV	0.33%	11.35%	24.73%	9.49%	10.61%	7.01%	8.70%
MSCI Mexico Index	0.09%	13.34%	31.09%	13.09%	12.18%	7.53%	7.73%

These figures represent past performance. Past performance does not guarantee future results. The Fund's investment return and principal value will fluctuate so that an investor's shares, at the time of sale, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above.

_________________________________ 

1 Source: Impulsora del Fondo México, S.C. Performance figures take into account reinvestments of distributions.

2 Source: NYSE. Shares traded figure represents average volume traded on U.S. consolidated markets during the month.

3 During August 2026, the Fund repurchased no shares.

4 On January 1, 2009, the current portfolio management team began managing the Fund´s portfolio.

www.themexicofund.com

		The Mexico Fund, Inc.
		Monthly Summary Report | August 31, 2026

Top Ten Holdings (67.66% of Net Assets)
1 Grupo México	17.48%		6 América Móvil	4.22%
2 Grupo Financiero Banorte	10.82%		7 Arca Continental	3.54%
3 Fomento Económico Mexicano	9.50%		8 Grupo Aeroportuario del Pacífico	3.48%
4 Cemex	6.67%		9 Kimberly-Clark de México	3.30%
5 Wal-Mart de México	5.45%		10 Gcc	3.20%

Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown. 

Fund Manager’s Comments

Global equity markets registered positive returns during August 2026. The MSCI World Index and the MSCI Emerging Markets Index increased 2.5% and 3.2%, respectively, during the month. The DJIA and the S&P 500 increased 1.3% and 2.6%, respectively, while the yield on the 10-year Treasury note increased 2 basis points to 4.75% and the U.S. dollar depreciated 0.5% (measured by the DXY Index⁵) during August 2026. In Mexico, the MSCI Mexico Index increased 0.1% and the Mexican peso appreciated 2.0% during the month, to Ps. $17.00, whereas the Fund’s NAV increased 0.3%, outperforming its benchmark.

In local news, Mexico’s GDP⁶ reported an annual increase of 1.9% during the second quarter of 2026, supported by a strong 24.6% increase in total exports during the first six months of the year. During the same period, manufacturing exports grew a solid 25.7%, reaffirming the resilience of Mexico’s trade with the United States. Mexico´s Central Bank maintained its reference interest rate at 6.50% during its August 2026 meeting.

_________________________________ 

The information presented in this report has been derived from the sources indicated. Neither The Mexico Fund, Inc. nor its Adviser, Impulsora del Fondo México, S.C., has independently verified or confirmed the information presented herein.

Important Risk Disclosure

All performance shown is historical. Closed-end funds are traded on the secondary market through one of the stock exchanges. Shares of closed-end funds may trade above (premium) or below (discount) the NAV of the fund’s portfolio. The NAV is the value of an entity’s assets less the value of its liabilities. The Market Price is the current price at which an asset can be bought or sold. There is no assurance that the Fund will achieve its investment objective.

An investment in the Fund entails special risk considerations, including among others the risks of foreign investments, Mexican investments, market illiquidity and volatility, market corrections, risks associated with the Mexican economy, political factors and security, currency exchange rate fluctuations, NAV discount risk, foreign custody risk, dollar denominated investments risk and risks associated with the concentration of the Mexican equity market. Investors should consider their investment goals, time horizons and risk tolerance before investing in the Fund. An investment in the Fund is not appropriate for all investors, and the Fund is not intended to be a complete investment program. Investors should carefully review and consider the Fund's investment objective, risks, charges and expenses before investing.

_________________________________ 

5 DXY Index computes the value of the U.S. dollar relative to a basket of foreign currencies.

6 Figures for official GDP are seasonally adjusted.

www.themexicofund.com

Filing Exhibits & Attachments

6 documents

Press Releases

• EX-99 MONTHLY SUMMARY REPORT 36.1 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 4.9 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 14.3 KB
• EX-101 XBRL TAXONOMY EXTENSION CALCULATION LINKBASE 895 B
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 9.1 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 2.0 KB