The Mexico Fund Reports 15% NAV Growth in Fiscal First Half

As of April 30, the fund’s market price stood at $21.14 against a net asset value of $24.65, representing a discount of 14.24%. This marks a widening from the 11.94% discount recorded at the close of fiscal year 2025. Despite short-term fluctuations, the fund’s market price has outperformed the MSCI Mexico Index across one-, three-, and ten-year horizons, as well as since the current management team assumed control in December 2008.

Following a board decision last December, the fund is boosting its quarterly distributions by 40%, raising the payout from $0.25 to $0.35 per share. Shareholders of record as of July 22 will receive this payment on July 30. Since the Managed Distribution Plan began in 2008, the fund has returned $28.68 per share to investors in cash.

Operational costs remain managed, with the ordinary expense ratio for the first half of the year hitting 1.34%. This remains under the 1.40% cap established by the Fund's renewed Expense Limitation Agreement, provided net assets stay above $260 million. The full semi-annual report is now available on the company’s website.