other
confidence high
sentiment neutral
materiality 0.40
Mexico Fund May 2026: NAV +2.73%, discount 12.09%, quarterly distribution $0.35
MEXICO FUND INC
- Total net assets $365.16M; NAV $25.32; closing price $22.26; discount 12.09%.
- Quarterly MDP distribution remains $0.35/share; no shares repurchased in May.
- Fund's NAV up 2.73% in May, 12.70% YTD; market price up 5.30% and 14.12% YTD.
- Mexico Central Bank cut rate 25 bps to 6.50%; Moody's downgraded to Baa3 (stable), S&P affirmed BBB (negative outlook).
- Top holdings: Grupo México 16.47%, FEMSA 9.94%, Banorte 9.70%, Cemex 6.84%.