Alberto Gomez Pimienta Purchases 1,750 Shares of Mexico Fund, Inc. (NYSE:MXF) Stock

Mexico Fund, Inc. (NYSE:MXF) Treasurer Alberto Gomez Pimienta acquired 1,750 shares of the firm’s stock in a transaction that occurred on Friday, March 29th. The stock was acquired at an average price of $13.79 per share, with a total value of $24,132.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

MXF stock traded down $0.01 during mid-day trading on Friday, reaching $14.90. 46,254 shares of the stock traded hands, compared to its average volume of 29,337. Mexico Fund, Inc. has a 52 week low of $12.00 and a 52 week high of $16.93.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 6.71%. The ex-dividend date is Monday, April 22nd.

A number of hedge funds have recently added to or reduced their stakes in the business. City of London Investment Management Co. Ltd. boosted its holdings in Mexico Fund by 15.9% during the fourth quarter. City of London Investment Management Co. Ltd. now owns 3,589,124 shares of the investment management company’s stock valued at $47,556,000 after acquiring an additional 491,486 shares during the period. Wells Fargo & Company MN boosted its holdings in Mexico Fund by 3.4% during the third quarter. Wells Fargo & Company MN now owns 842,921 shares of the investment management company’s stock valued at $13,740,000 after acquiring an additional 27,609 shares during the period. 1607 Capital Partners LLC boosted its holdings in Mexico Fund by 26.2% during the fourth quarter. 1607 Capital Partners LLC now owns 255,844 shares of the investment management company’s stock valued at $3,390,000 after acquiring an additional 53,124 shares during the period. Finally, Advisor Group Inc. boosted its holdings in Mexico Fund by 127.6% during the fourth quarter. Advisor Group Inc. now owns 8,648 shares of the investment management company’s stock valued at $115,000 after acquiring an additional 4,848 shares during the period. Institutional investors own 37.59% of the company’s stock.

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About Mexico Fund

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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