other material
confidence high
sentiment neutral
materiality 0.30
The Mexico Fund reports February NAV of $22.17, discount 18.63%
MEXICO FUND INC
- Total net assets $327.56M; NAV per share $22.17; market price $18.04 per share.
- 1-month NAV return -3.19% vs MSCI Mexico Index -2.55%; YTD NAV -4.80%.
- Top ten holdings 65.75% of net assets; largest holding Grupo Financiero Banorte 12.62%.
- Banxico held overnight rate at 11.25%; Mexico Q4 2023 GDP up 2.5% YoY.
- Quarterly MDP distribution maintained at $0.22 per share; no shares repurchased in February.