other material
confidence high
sentiment neutral
materiality 0.30
Mexico Fund reports June NAV of $21.67, discount 22.57%; repurchases 41,167 shares in month
MEXICO FUND INC
- NAV per share $21.67 as of June 30, 2023; market price $16.78, discount 22.57%.
- Fund repurchased 41,167 shares in June 2023 under its open market share repurchase policy.
- Managed distribution plan maintains quarterly dividend of $0.20 per share.
- Top holdings: América Móvil (12.06%), Fomento Económico Mexicano (10.92%), Grupo Financiero Banorte (9.92%).
- Banxico held rates at 11.25%; Fitch affirmed Mexico's BBB- rating with stable outlook.