Cuellar Maria Regina Garcia Purchases 724 Shares of Mexico Fund (NYSE:MXF) Stock

Key Points

• Director Cuellar Maria Regina Garcia purchased 724 shares of Mexico Fund (NYSE:MXF) stock at an average price of $19.24, marking a total transaction of approximately $13,930.
• Mexico Fund recently announced a quarterly dividend of $0.25, with an ex-dividend date of October 22, resulting in an annualized dividend yield of 5.2%.
• Several institutional investors, including City of London Investment Management and SFI Advisors, have significantly increased their stakes in Mexico Fund, indicating growing interest in the company's stock.

Mexico Fund, Inc. (The) (NYSE:MXF - ) Director Cuellar Maria Regina Garcia purchased 724 shares of the firm's stock in a transaction dated Wednesday, September 17th. The shares were bought at an average cost of $19.24 per share, for a total transaction of $13,929.76. Following the completion of the purchase, the director directly owned 724 shares of the company's stock, valued at $13,929.76. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Mexico Fund Trading Up 0.0%

NYSE MXF traded up $0.01 during trading hours on Friday, hitting $19.18. The company's stock had a trading volume of 279 shares, compared to its average volume of 58,397. The stock has a fifty day moving average of $18.01 and a 200 day moving average of $16.52. Mexico Fund, Inc. has a twelve month low of $12.99 and a twelve month high of $19.44.

Mexico Fund Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 30th. Shareholders of record on Wednesday, October 22nd will be issued a $0.25 dividend. The ex-dividend date is Wednesday, October 22nd. This represents a $1.00 annualized dividend and a yield of 5.2%.

Institutional Investors Weigh In On Mexico Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in MXF. City of London Investment Management Co. Ltd. raised its holdings in shares of Mexico Fund by 9.3% during the second quarter. City of London Investment Management Co. Ltd. now owns 3,608,772 shares of the investment management company's stock worth $63,406,000 after acquiring an additional 305,864 shares during the period. SFI Advisors LLC raised its holdings in shares of Mexico Fund by 342.4% during the first quarter. SFI Advisors LLC now owns 131,807 shares of the investment management company's stock worth $1,876,000 after acquiring an additional 102,015 shares during the period. Wolverine Asset Management LLC increased its stake in Mexico Fund by 62.1% in the 1st quarter. Wolverine Asset Management LLC now owns 236,078 shares of the investment management company's stock valued at $3,359,000 after buying an additional 90,483 shares during the last quarter. Almitas Capital LLC increased its stake in Mexico Fund by 8.3% in the 1st quarter. Almitas Capital LLC now owns 344,264 shares of the investment management company's stock valued at $4,899,000 after buying an additional 26,418 shares during the last quarter. Finally, Landscape Capital Management L.L.C. increased its stake in Mexico Fund by 34.9% in the 1st quarter. Landscape Capital Management L.L.C. now owns 73,799 shares of the investment management company's stock valued at $1,050,000 after buying an additional 19,109 shares during the last quarter.

Mexico Fund Company Profile

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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