The Mexico Fund, Inc. (NYSE:MXF) Position Reduced by Lazard Asset Management LLC

Lazard Asset Management LLC trimmed its holdings in shares of The Mexico Fund, Inc. (NYSE:MXF - Free Report) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,132,225 shares of the investment management company's stock after selling 21,236 shares during the period. Lazard Asset Management LLC owned 7.73% of The Mexico Fund worth $14,945,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Almitas Capital LLC grew its position in shares of The Mexico Fund by 124.9% during the fourth quarter. Almitas Capital LLC now owns 317,846 shares of the investment management company's stock worth $4,196,000 after acquiring an additional 176,498 shares during the last quarter. RPO LLC bought a new position in shares of The Mexico Fund during the fourth quarter worth about $1,986,000. Boothbay Fund Management LLC bought a new position in shares of The Mexico Fund during the fourth quarter worth about $1,490,000. Wolverine Asset Management LLC grew its position in shares of The Mexico Fund by 95.5% during the fourth quarter. Wolverine Asset Management LLC now owns 145,595 shares of the investment management company's stock worth $1,922,000 after acquiring an additional 71,133 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of The Mexico Fund during the fourth quarter worth about $651,000.

Insider Activity at The Mexico Fund

In related news, Director La Calle Luis De bought 6,000 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average price of $14.32 per share, for a total transaction of $85,920.00. Following the transaction, the director now directly owns 7,344 shares of the company's stock, valued at approximately $105,166.08. This represents a 446.43% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.69% of the stock is currently owned by insiders.

The Mexico Fund Stock Up 0.4%

Shares of The Mexico Fund stock traded up $0.07 during trading on Friday, hitting $16.28. 37,953 shares of the stock were exchanged, compared to its average volume of 67,118. The stock's fifty day moving average is $14.88 and its 200 day moving average is $14.18. The Mexico Fund, Inc. has a 12 month low of $12.99 and a 12 month high of $18.87.

The Mexico Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 22nd were given a $0.22 dividend. The ex-dividend date was Tuesday, April 22nd. This represents a $0.88 dividend on an annualized basis and a yield of 5.41%.

The 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.