The Mexico Fund, Inc. (NYSE:MXF - Get Free Report) Director Richard B. Vaughan purchased 4,000 shares of The Mexico Fund stock in a transaction dated Monday, April 22nd. The shares were bought at an average price of $17.69 per share, for a total transaction of $70,760.00. Following the acquisition, the director now owns 5,000 shares in the company, valued at $88,450. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
The Mexico Fund Stock Performance
The Mexico Fund stock opened at $18.14 on Wednesday. The company has a 50-day moving average price of $18.56 and a 200 day moving average price of $17.87. The Mexico Fund, Inc. has a 12-month low of $14.77 and a 12-month high of $19.69.
The Mexico Fund Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 25th. Investors of record on Wednesday, April 17th will be given a $0.22 dividend. The ex-dividend date of this dividend is Tuesday, April 16th. This represents a $0.88 annualized dividend and a yield of 4.85%.
Institutional Investors Weigh In On The Mexico Fund
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. City of London Investment Management Co. Ltd. raised its holdings in The Mexico Fund by 3.0% during the fourth quarter. City of London Investment Management Co. Ltd. now owns 3,491,522 shares of the investment management company's stock worth $66,618,000 after purchasing an additional 101,431 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of The Mexico Fund by 4.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,987,797 shares of the investment management company's stock worth $32,739,000 after buying an additional 81,235 shares during the last quarter. 1607 Capital Partners LLC increased its position in The Mexico Fund by 3.0% in the 3rd quarter. 1607 Capital Partners LLC now owns 194,746 shares of the investment management company's stock valued at $3,207,000 after acquiring an additional 5,745 shares during the period. Almitas Capital LLC lifted its position in The Mexico Fund by 10.9% during the 3rd quarter. Almitas Capital LLC now owns 155,646 shares of the investment management company's stock worth $2,563,000 after acquiring an additional 15,317 shares during the period. Finally, RPO LLC grew its stake in shares of The Mexico Fund by 7.6% in the 3rd quarter. RPO LLC now owns 113,324 shares of the investment management company's stock valued at $1,866,000 after purchasing an additional 7,979 shares during the last quarter.
The Mexico Fund Company Profile
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The Mexico Fund, Inc is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc was formed in June 01, 1981 and is domiciled in Maryland, United States.
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