other material
confidence high
sentiment neutral
materiality 0.35
Mexico Fund reports Jan NAV $22.90, pays increased quarterly distribution of $0.22/share
MEXICO FUND INC
- NAV per share $22.90; market price $18.73; discount 18.21%; total net assets $338.22M.
- Q1 2024 distribution of $0.22/share paid Jan 25, a 10% increase from $0.20.
- Jan NAV return -1.66%; market price -0.65%; 1-year NAV +17.67%, market +17.75%.
- Top holdings: Fomento Económico Mexicano 12.95%, Banorte 12.33%, Grupo México 9.00%.
- No shares repurchased in Jan; expense ratio 1.35%; portfolio turnover 13.73% (annualized).