other material
confidence high
sentiment neutral
materiality 0.50
The Mexico Fund Reports July 2024 Monthly Summary with NAV of $19.69 and 19.96% Discount
MEXICO FUND INC
- Total net assets $290.87 million, NAV per share $19.69, closing price $15.76.
- Managed Distribution Plan authorizes quarterly distributions of $0.22 per share; no shares repurchased in July.
- Top holdings include Fomento Económico Mexicano 12.27% and Grupo México 11.25%.
- Fund's NAV decreased 0.1% in July, underperforming MSCI Mexico Index which gained 1.0%.
- Fitch affirmed Mexico's 'BBB-' credit rating with stable outlook.