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Mexico Fund Inc (NYSE:MXF) not too long ago witnessed a major inventory buy by Impulsora Del Fondo Mexico, S.C., an funding adviser. On January 22, the adviser acquired 15,000 shares of the fund’s frequent inventory at a mean worth of $13.5346 per share, totaling roughly $203,019. The acquisition comes because the inventory trades close to its 52-week low of $12.99, with a notable dividend yield of 6.48%. Based on InvestingPro, the fund has maintained dividend funds for a powerful 38 consecutive years. This transaction elevated the adviser’s complete holdings to 115,195 shares. The acquisition was executed underneath the direct possession of the adviser, as disclosed in a current SEC submitting. With a market capitalization of $203.11 million and a FAIR monetary well being rating, InvestingPro subscribers can entry further key metrics and insights in regards to the fund’s efficiency and valuation.
In different current information, The Mexico Fund Inc has constantly disclosed its Month-to-month Abstract Studies. The December 2024 report, submitted to the Securities and Trade Fee (SEC), exhibits their dedication to transparency and regulatory compliance. The fund, recognized for its spectacular 6.43% dividend yield, has maintained these funds for 38 consecutive years. Equally, the November 2024 report reveals a powerful dividend yield of 6.33%, regardless of a difficult yr. These experiences, ready by the Fund’s Funding Adviser, present insights into the fund’s funding actions and monetary standing.
Moreover, The Mexico Fund Inc has additionally submitted its October 2024 Month-to-month Abstract Report back to the SEC, indicating its adherence to the SEC’s Regulation FD. This regulatory submitting supplies stakeholders with well timed updates on the fund’s efficiency and funding actions. The Mexico Fund Inc’s dedication to correct reporting is additional emphasised by the signing of those experiences by Tofi Dayan, the Treasurer of the corporate.
These current developments spotlight The Mexico Fund Inc’s dedication to offering complete and well timed info to its traders. The constant launch of those month-to-month experiences underscores the corporate’s deal with transparency and regulatory compliance, essential for traders assessing the fund’s efficiency, asset allocation, and funding technique.
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