The Mexico Fund, Inc. Declares Cash Distribution of $0.22 per Share to Stockholders
On April 30, 2025, The Mexico Fund, Inc. (NYSE: MXF) made a significant announcement, detailing a cash distribution of $0.22 per share for shareholders recorded as of April 22, 2025. This distribution aligns with the fund's Managed Distribution Plan (MDP), which is designed to ensure stockholders receive a return on their investment.
This distribution comes amid a fiscal environment where funds frequently assess their distributable income, which is contingent on aggregated gains and losses accrued within the fiscal period. Distributions from such investment funds like The Mexico Fund typically comprise net investment income, capital gains, and may also include a return of capital; however, the precise nature of these distributions is generally clarified after the close of the fiscal year.
The Investment Company Act of 1940 mandates that funds disclose the sources of distributions to their shareholders. Specifically, for the April 2025 distribution, the sources were broken down as follows:
In total, this brought the distribution per share to $0.2200, which has been recorded as 100% of the current distribution for the fiscal year.
Additionally, this cash distribution reflects the performance metrics of The Mexico Fund, which boasts an average annual total return of 21.15% over five years as of March 31, 2025. The current annualized distribution rate stands at 3.00%, and the cumulative distribution rate for the ongoing fiscal year is noted at 1.24%.
It’s crucial to underline that projections related to the investment performance should not be solely dependent on the reported distribution amounts. These figures are estimates and may vary as the fund's actual investment performance unfolds throughout the remaining fiscal period. As per usual practice, the fund will provide shareholders with a Form 1099-DIV by the end of the calendar year detailing how to report the distribution on their taxes.
The Mexico Fund, Inc. functions as a non-diversified closed-end management investment company. Its primary investment aim revolves around achieving long-term capital appreciation through securities, chiefly equities that are listed on the Mexican Stock Exchange. For investors interested in gaining exposure to the Mexican business landscape, the fund presents an avenue for investment through a carefully curated, non-diversified portfolio that fits within broader investment strategies.
This development serves as a reminder of the fluctuations and inherent risks associated with investing, particularly in international markets. Stakeholders are urged to remain informed about these investments and their implications, recognizing that actual results may diverge from the predictions presented in press releases concerning future circumstances. Therefore, caution is advised, and shareholders should not excessively rely on any forward-looking statements made in these announcements, as they are subject to various unpredictable elements that could alter the anticipated outcomes.
For more information and specific queries, The Mexico Fund has provided contact details for their representatives. Tofi Dayan can be reached at +5255-9138-3350 or via email at [email protected].
This distribution comes amid a fiscal environment where funds frequently assess their distributable income, which is contingent on aggregated gains and losses accrued within the fiscal period. Distributions from such investment funds like The Mexico Fund typically comprise net investment income, capital gains, and may also include a return of capital; however, the precise nature of these distributions is generally clarified after the close of the fiscal year.
The Investment Company Act of 1940 mandates that funds disclose the sources of distributions to their shareholders. Specifically, for the April 2025 distribution, the sources were broken down as follows:
- - Net Investment Income: $0.1020 (46.34%)
- - Net Realized Short-Term Capital Gains: $0.0181 (8.23%)
- - Net Realized Long-Term Capital Gains: $0.0222 (10.10%)
- - Return of Capital: $0.0777 (35.33%)
In total, this brought the distribution per share to $0.2200, which has been recorded as 100% of the current distribution for the fiscal year.
Additionally, this cash distribution reflects the performance metrics of The Mexico Fund, which boasts an average annual total return of 21.15% over five years as of March 31, 2025. The current annualized distribution rate stands at 3.00%, and the cumulative distribution rate for the ongoing fiscal year is noted at 1.24%.
It’s crucial to underline that projections related to the investment performance should not be solely dependent on the reported distribution amounts. These figures are estimates and may vary as the fund's actual investment performance unfolds throughout the remaining fiscal period. As per usual practice, the fund will provide shareholders with a Form 1099-DIV by the end of the calendar year detailing how to report the distribution on their taxes.
The Mexico Fund, Inc. functions as a non-diversified closed-end management investment company. Its primary investment aim revolves around achieving long-term capital appreciation through securities, chiefly equities that are listed on the Mexican Stock Exchange. For investors interested in gaining exposure to the Mexican business landscape, the fund presents an avenue for investment through a carefully curated, non-diversified portfolio that fits within broader investment strategies.
This development serves as a reminder of the fluctuations and inherent risks associated with investing, particularly in international markets. Stakeholders are urged to remain informed about these investments and their implications, recognizing that actual results may diverge from the predictions presented in press releases concerning future circumstances. Therefore, caution is advised, and shareholders should not excessively rely on any forward-looking statements made in these announcements, as they are subject to various unpredictable elements that could alter the anticipated outcomes.
For more information and specific queries, The Mexico Fund has provided contact details for their representatives. Tofi Dayan can be reached at +5255-9138-3350 or via email at [email protected].
Topics Financial Services & Investing）
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