Mexico Fund, Inc. (The) $MXF Shares Acquired by Landscape Capital Management L.L.C.

Key Points

• Landscape Capital Management L.L.C. increased its stake in Mexico Fund, Inc. by 34.9% during the first quarter, acquiring an additional 19,109 shares, bringing its total holdings to 73,799 shares valued at $1,050,000.
• Mexico Fund recently declared a quarterly dividend of $0.25 per share, marking an increase from the previous $0.22 dividend, resulting in an annual yield of 5.5%.
• Other notable investors, such as SFI Advisors LLC, also significantly increased their positions, with SFI Advisors boosting their stake by 342.4% in the first quarter.

Landscape Capital Management L.L.C. lifted its stake in shares of Mexico Fund, Inc. (The) (NYSE:MXF - Free Report) by 34.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,799 shares of the investment management company's stock after purchasing an additional 19,109 shares during the quarter. Landscape Capital Management L.L.C. owned about 0.50% of Mexico Fund worth $1,050,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MXF. Greykasell Wealth Strategies Inc. purchased a new stake in Mexico Fund during the first quarter worth $46,000. Raymond James Financial Inc. acquired a new position in Mexico Fund in the fourth quarter valued at $651,000. Logan Stone Capital LLC boosted its holdings in Mexico Fund by 11.8% in the fourth quarter. Logan Stone Capital LLC now owns 81,317 shares of the investment management company's stock valued at $1,073,000 after acquiring an additional 8,606 shares during the last quarter. Quantedge Capital Pte Ltd boosted its holdings in Mexico Fund by 28.4% in the fourth quarter. Quantedge Capital Pte Ltd now owns 92,284 shares of the investment management company's stock valued at $1,218,000 after acquiring an additional 20,400 shares during the last quarter. Finally, SFI Advisors LLC raised its position in Mexico Fund by 342.4% in the first quarter. SFI Advisors LLC now owns 131,807 shares of the investment management company's stock valued at $1,876,000 after purchasing an additional 102,015 shares during the period.

Mexico Fund Trading Down 0.2%

NYSE:MXF traded down $0.05 during mid-day trading on Thursday, hitting $18.17. The company had a trading volume of 13,855 shares, compared to its average volume of 12,150. The business has a fifty day simple moving average of $17.77 and a 200-day simple moving average of $16.21. Mexico Fund, Inc. has a 1 year low of $12.99 and a 1 year high of $18.49.

Mexico Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 30th. Stockholders of record on Tuesday, July 22nd were paid a dividend of $0.25 per share. This is a boost from Mexico Fund's previous quarterly dividend of $0.22. This represents a $1.00 annualized dividend and a dividend yield of 5.5%. The ex-dividend date was Tuesday, July 22nd.

Mexico Fund 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.