The Mexico Fund, Inc. Releases 2025 Semi-Annual Financial Results Report
The Mexico Fund, Inc. Unveils Its 2025 Semi-Annual Report
On June 26, 2025, The Mexico Fund, Inc. (NYSE: MXF) released its fiscal year 2025 Semi-Annual Report, showcasing its financial performance for the period ending April 30, 2025. This report highlights the Fund's achievements and provides insights into its strategic direction.
Key Financial Highlights
The report reveals that for the first half of fiscal 2025, the Fund’s Net Asset Value (NAV) per share experienced a total return of 13.22%, showing strong performance in comparison to its benchmark - the Morgan Stanley Capital International (MSCI) Mexico Index, which reported a return of 15.23%. Notably, the Fund's market price returned 14.21%, reinforcing its competitive edge in the investment landscape.
Performance Over Time
The report also indicates that the Fund's NAV has outperformed its benchmark over both five-year and ten-year periods, as well as since December 2008, when the current management team took charge. Below is a comparison of annualized returns:
| Time Period | MXF Market Price | MXF NAV | MSCI Mexico Index |
|---|---|---|---|
| ---- | ---- | --- | ------ |
| 1-Year | -8.40% | -9.86% | -7.25% |
| 3-Years | 6.46% | 7.94% | 8.46% |
| 5-Years | 17.37% | 18.05% | 17.43% |
| 10-Years | 1.76% | 3.00% | 2.41% |
| Since Dec 2008 | 7.33% | 7.44% | 5.99% |
As of April 30, 2025, the Fund’s market price stood at $15.53, with an NAV of $19.46, reflecting a discount of 20.20%—a slight improvement from the previous year's 20.44% discount.
Increased Quarterly Distribution
In a move to enhance shareholder value, the Board of Directors announced an increase in the quarterly distribution from $0.22 to $0.25 per share, marking a 13.6% rise. This resulted in a 6.4% annualized distribution rate based on the market price as of the reporting date. The declaration of this distribution will benefit stockholders of record as of July 22, 2025, with a payout scheduled for July 30, 2025.
Expense Limitation Agreement
To maintain its operational efficiency, the Fund renewed its Expense Limitation Agreement for fiscal 2025, capping ordinary expenses (excluding the performance-based advisory fee) at 1.40% as long as the net assets exceed $260 million. The Fund’s ordinary expenses for the first half of fiscal 2025 matched this limit, sitting precisely at 1.40%.
About The Mexico Fund, Inc.
The Mexico Fund, Inc. operates as a closed-end management investment company with a focus on achieving long-term capital appreciation via investments, predominantly in equities listed on the Mexican Stock Exchange. This Fund serves as a conduit for investors seeking exposure to the Mexican market, leveraging a meticulously managed non-diversified portfolio to align with broader investment strategies.
Forward-Looking Statements
The report includes various forward-looking statements based on current assumptions and expectations. However, these projections are subject to numerous risks and uncertainties that may lead to actual results diverging from those anticipated. The Fund explicitly advises against placing undue reliance on these forward-looking statements, which are valid only as of the reporting date.
For a comprehensive view of the report and further insights into the Fund's performance, stakeholders can visit www.themexicofund.com.
Conclusion
The Mexico Fund, Inc.'s 2025 Semi-Annual Report underscores its resilience and strategic growth, reflecting positively on its investment strategy and operational management. As the Fund continues to adapt to market conditions, it remains committed to providing value to its investors while exploring opportunities in the burgeoning Mexican economy.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.