other material
confidence high
sentiment negative
materiality 0.45
Mexico Fund NAV down 1.2% in May; Mexican election volatility noted
MEXICO FUND INC
- NAV per share $22.36; market price $17.91 for a 19.90% discount.
- YTD NAV –3.04%; market price –3.83%; 1-year NAV +13.08%.
- Quarterly distribution of $0.22 per share unchanged under MDP.
- No shares repurchased in May 2024.
- Manager comments on Mexican election results causing near-term negative volatility in equities and peso.