Mexico fund inc sees $203,019 stock purchase by investment adviser

Mexico Fund Inc (NYSE:MXF) recently witnessed a significant stock purchase by Impulsora Del Fondo Mexico, S.C., an investment adviser. On January 22, the adviser acquired 15,000 shares of the fund's common stock at an average price of $13.5346 per share, totaling approximately $203,019. The purchase comes as the stock trades near its 52-week low of $12.99, with a notable dividend yield of 6.48%. According to InvestingPro, the fund has maintained dividend payments for an impressive 38 consecutive years. This transaction increased the adviser's total holdings to 115,195 shares. The purchase was executed under the direct ownership of the adviser, as disclosed in a recent SEC filing. With a market capitalization of $203.11 million and a FAIR financial health score, InvestingPro subscribers can access additional key metrics and insights about the fund's performance and valuation.

In other recent news, The Mexico Fund Inc has consistently disclosed its Monthly Summary Reports. The December 2024 report, submitted to the Securities and Exchange Commission (SEC), shows their commitment to transparency and regulatory compliance. The fund, known for its impressive 6.43% dividend yield, has maintained these payments for 38 consecutive years. Similarly, the November 2024 report reveals a strong dividend yield of 6.33%, despite a challenging year. These reports, prepared by the Fund's Investment Adviser, provide insights into the fund's investment activities and financial status.

Furthermore, The Mexico Fund Inc has also submitted its October 2024 Monthly Summary Report to the SEC, indicating its adherence to the SEC's Regulation FD. This regulatory filing provides stakeholders with timely updates on the fund's performance and investment activities. The Mexico Fund Inc's dedication to accurate reporting is further emphasized by the signing of these reports by Tofi Dayan, the Treasurer of the company.

These recent developments highlight The Mexico Fund Inc's commitment to providing comprehensive and timely information to its investors. The consistent release of these monthly reports underscores the company's focus on transparency and regulatory compliance, crucial for investors assessing the fund's performance, asset allocation, and investment strategy.

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