Mexico Fund:MXF

    Manage Alerts

    Overview

    As of 7/3/2022. NAV as of 7/1/2022.

     Share
    Price
    NAVPremium/
    Discount
    Current$14.34$16.82-14.74%
    52 Wk Avg$15.30$17.83-14.15%
    52 Wk High$16.87$19.710.00%
    52 Wk Low$13.65$15.08-20.04%
    Regular Distribution TypeManaged Distribution
    Distribution Rate5.02%
    Distribution Amount$0.1800
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    It will generally invest at least 80% of its total assets in equity securities listed on the Mexican Stock Exchange but may reduce its holdings in equity securities listed on the Mexican Stock Exchange below 80% of its total assets for temporary defensive purposes when unusual market or economic conditions occur. This investment policy is a non-fundamental policy, which may be changed by the Board of Directors upon 60 days' prior written notice to stockholders. It may invest up to 20% of its assets in issuers that are listed on the Mexican Stock Exchanges, but which are organized outside of Mexico, provided each such issuer has a subsidiary organized in Mexico.

    Capital Structure

    As of 7/3/2022

    Total Investment Exposure:$252.388M
    Total Common Assets:$252.388M
    Common Shares Outstanding:15,005,224
    Annual Expense Ratios

    As of 10/31/2021

      Per Common Share
    Management Fees1.04%
    Other Expenses:0.41%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.45%
    Fund Management

    Fund Sponsor
    Impulsora Del Fondo Mexico, SC

    Portfolio Managers
    Alberto Osorio, Tofi Dayan Dichi

    Basics
    Category: Equity-Emerging Market Equity
    Ticker: MXF
    NAV Ticker: XXMXFXX
    Average Daily Volume (shares): 19,392
    Average Daily Volume (USD): $0.296M
    Inception Date: 6/3/1981
    Inception Share Price: $12.00
    Inception NAV: $12.00
    Tender Offer: Yes
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 7/3/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2022
    $0.2165
    Annualized Distribution Rate on NAV:
    As of 7/3/2022
    4.28%
    Total Return on NAV (12 months):
    As of 7/3/2022
    -1.11%
    Total % Portfolio Effectively Leveraged:
    As of 7/3/2022
    0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/4/2022

    PeriodAvg Discount
    6 Month-14.79%
    1 Year-14.15%
    3 Year-13.68%
    5 Year-13.33%
    Z-Score

    As of 7/4/2022

    PeriodZStat
    3 Month-0.16
    6 Month0.08
    1 Year-0.26
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2022
    Category: Morningstar US CEF Emerging Market Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-6.21%-6.27%-26.33%-29.21%
    202117.98%17.70%4.41%3.53%
    20203.34%4.76%2.35%5.14%
    201911.42%9.19%22.09%17.32%
    2018-12.29%-12.10%-7.13%-9.79%
    20178.33%15.73%30.90%25.77%
    2016-5.69%-11.51%9.58%10.08%
    2015-12.49%-9.30%-19.15%-17.72%
    2014-20.54%-11.54%-12.67%-10.86%
    201311.53%3.18%-2.93%-4.67%
    201245.36%40.51%28.26%25.79%
    2011-12.05%-15.22%-21.20%-18.67%
    201042.93%36.66%29.78%25.36%
    200954.80%60.98%  
    2008-47.38%-51.35%  
    20074.05%5.65%  
    200653.69%50.13%  
    200545.11%41.68%  
    200441.36%55.89%  
    200341.88%36.89%  
    2002-17.48%-15.86%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2022
    Category: Morningstar US CEF Emerging Market Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 4/30/2022
    30
    Annual Portfolio Turnover:
    As of 10/31/2021
    18.03%
    Asset Allocation

    As of 4/30/2022

    Top Sectors

    As of 4/30/2022

    Sector%Portfolio
    Cyclical (Super Sector)41.67%
    Consumer Defensive28.02%
    Defensive (Super Sector)28.02%
    Sensitive (Super Sector)28.00%
    Basic Materials23.80%
    Communication Services14.75%
    Industrials13.26%
    Financial Services9.50%
    Consumer Cyclical6.61%
    Cash Equivalents (Super Sector)1.99%
    Top Holdings

    As of 4/30/2022

    HoldingValue% Portfolio
    America Movil SAB de CV Class L$38.89M14.75%
    Grupo Financiero Banorte SAB de CV Class O$25.06M9.50%
    Grupo Mexico SAB de CV$23.38M8.87%
    Wal - Mart de Mexico SAB de CV$21.90M8.31%
    Fomento Economico Mexicano SAB de CV Units (1 Series B, 4 Series D)$18.78M7.12%
    Cemex SAB de CV$11.43M4.33%
    Kimberly - Clark de Mexico SAB de CV Class A$9.76M3.70%
    Orbia Advance Corp SAB de CV$9.61M3.65%
    Grupo Aeroportuario del Pacifico SAB de CV Class B$9.53M3.61%
    Alfa SAB de CV$8.97M3.40%
    Maturity Breakdown

    As of 4/30/2022

    Country Allocation

    As of 4/30/2022

    Country% Portfolio
    Mexico - Equity97.70%
    Mexico - Fixed Income0.40%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X