other material
confidence high
sentiment negative
materiality 0.50
MXF reports Nov NAV of $17.00; discount widens to 20.29%; tariff and rating risks cited
MEXICO FUND INC
- Net assets $251.15M; NAV $17.00; market price $13.55; discount 20.29%.
- Monthly NAV return -3.47%, YTD -24.61%, roughly in line with MSCI Mexico.
- Quarterly distributions authorized at $0.22 per share under MDP.
- Manager flags Trump's proposed 25% tariff on Mexican goods and Moody's negative outlook revision.
- Top holdings concentrated: Banorte (11.64%), FEMSA (10.83%), Grupo Mexico (10.76%).