The Mexico Fund, Inc. (MXF)
Market Value | 204.15M |
Revenue (ttm) | 11.61M |
Net Income (ttm) | 64.50M |
Shares Out | 14.77M |
EPS (ttm) | 4.30 |
PE Ratio | 3.22 |
Forward PE | n/a |
Dividend | $0.88 (6.37%) |
Ex-Dividend Date | Oct 22, 2024 |
Volume | 124,610 |
Open | 13.53 |
Previous Close | 13.48 |
Day's Range | 13.53 - 13.86 |
52-Week Range | 12.99 - 19.69 |
Beta | 1.10 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About MXF
The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc. was formed in June 01, 1981 and is domiciled in Maryland, United States. [Read more]
News
THE MEXICO FUND, INC. DECLARES DISTRIBUTION
COLUMBIA, Md. , Dec. 13, 2024 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF), announced that the Board of Directors (Board) declared a distribution of $0.22 per share to stockholders of record on J...
Mexico Fund: Attractively Valued With A Stable Outlook In MXN Terms
The outlook for earnings in local currency terms is stable because of Mexico's stable economy and also because of the outcome of the latest elections. The Mexican peso can depreciate next year, which ...
THE MEXICO FUND, INC. PAYS DISTRIBUTION
COLUMBIA, Md. , Oct. 30, 2024 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF) announced that it will pay today a distribution of $0.22 per share in cash to stockholders of record as of October 22, 2...
Mexico Fund: Tactical Play On A Relief Rally
Mexican equities have sold off post-election. While somewhat warranted, the extent of the selloff seems excessive. Despite its flaws, the steeply discounted Mexico Fund now offers an attractive risk/r...
THE MEXICO FUND, INC. ISSUES ITS 2024 SEMI-ANNUAL REPORT
COLUMBIA, Md. , June 25, 2024 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF), today issued its fiscal 2024 Semi-Annual Report for the period ended April 30, 2024.
MXF: Expect Consolidation For Mexico Stocks As Worries Emerge In 2024
The Mexico Fund, Inc. aims for long-term capital appreciation through equities listed on the Mexico Stock Exchange. The fund has experienced a large discount to NAV, but this may present an opportunit...
THE MEXICO FUND, INC. ANNOUNCES RESULTS OF ITS ANNUAL MEETING OF STOCKHOLDERS
COLUMBIA, Md. , March 8, 2024 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF) announced that at its 2024 Annual Meeting of Stockholders, stockholders re-elected Ms.
MXF: Don't Get Too Excited
The Mexico Fund is a Mexican-focused CEF with a long history (43 years) and a strong management team led by a Mexican-based lawyer. MXF primarily invests in stocks listed on the Mexican Stock Exchange...
THE MEXICO FUND, INC. ISSUES ITS 2023 ANNUAL REPORT
COLUMBIA, Md. , Dec. 28, 2023 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF), today issued its fiscal 2023 Annual Report for the period ended October 31, 2023.
THE MEXICO FUND, INC. ANNOUNCES AN INCREASE IN ITS QUARTERLY DISTRIBUTION AND DECLARES DISTRIBUTION
COLUMBIA, Md. , Dec. 14, 2023 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF) announced that the Board of Directors (Board) increased the Fund´s quarterly distribution from $0.20 per share to $0.22 ...
MXF: Caution Still Warranted Despite The Wide Mexico Fund Discount
Mexico's nearshoring-driven stock price momentum has finally begun to fade. The crunch from higher US rates has also started to bite, and the closed-end Mexico Fund has not been spared. The pricey MXF...
MXF: Fade This Mexican Fund's Record NAV Discount
Mexican equities have further extended their outperformance this year. But not all of the upside has filtered through to Mexico Fund investors, as the wider NAV discount eats into more gains. With mor...
THE MEXICO FUND, INC. ISSUES ITS 2023 SEMI-ANNUAL REPORT
COLUMBIA, Md. , June 27, 2023 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF), today issued its fiscal 2023 Semi-Annual Report for the period ended April 30, 2023.
MXF: Beware The 'Nearshoring' Optimism In Mexican Equities
The actively managed Mexico Fund has lagged its benchmark across all timelines despite an elevated expense ratio. Mexican equities also screen expensively, having re-rated on 'nearshoring' hopes over ...
Mexico Fund: Benefiting From Frosty U.S.-China Relations
The MXF fund provides exposure to Mexican investments. The fund has a long operating history and has outperformed the MSCI Mexico Index on a 3/5/10 yr basis.
The Month In Closed-End Funds: January 2023
For the third month in four, equity CEFs (+5.60% on a NAV basis) on average witnessed positive performance. While their fixed income CEF cohorts (+4.08%) posted gains for the second month in three.
THE MEXICO FUND, INC. ISSUES ITS 2022 ANNUAL REPORT
COLUMBIA, Md. , Dec. 22, 2022 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF), today issued its fiscal 2022 Annual Report for the period ended October 31, 2022.
Mexico Fund: Favorably Positioned
MXF's defensive qualities could be useful as risk-off conditions gather pace. The near-shoring narrative will likely drive FDI and capital formation.
THE MEXICO FUND, INC. ANNOUNCES THE RENEWAL OF ITS EXPENSE LIMITATION AGREEMENT
COLUMBIA, Md. , Oct. 28, 2022 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF) announced today that the Board of Directors of the Fund (the "Board" of the "Fund") and Impulsora del Fondo México, S.C.
THE MEXICO FUND, INC. ISSUES ITS 2022 SEMI-ANNUAL REPORT
COLUMBIA, Maryland , June 24, 2022 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF), today issued its fiscal 2022 Semi-Annual Report for the period ended April 30, 2022. A full version of the report ...
The Mexico Fund, Inc. Issues its 2021 Annual Report
COLUMBIA, Maryland, Dec. 22, 2021 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF), today issued its fiscal 2021 Annual Report for the period ended October 31, 2021. A full version of the report is a...
The Mexico Fund, Inc. Issues Its Fiscal 2021 Semi-annual Report
COLUMBIA, Md., June 25, 2021 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF), today issued its fiscal 2021 semi-annual report for the period ended April 30, 2021.
The Mexico Fund, Inc. Announces that it will Reinstate its Managed Distribution Plan and Declares a Distribution
COLUMBIA, Maryland , June 16, 2021 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF) announced that the Board of Directors (Board) has decided to reinstate the Fund's Managed Distribution Plan (MDP). ...