The Mexico Fund, Inc. is a non-diversified closed-end management investment company focused on long-term capital appreciation through investments in Mexican securities.
The Fund's shares are listed and traded on the New York Stock Exchange under the symbol MXF.
Total Net Assets of the Fund stand at $333.21 million with a NAV per share of $23.11.
The Mexico Fund's investment strategy centers on leveraging opportunities in the Mexican securities market to achieve long-term capital growth. The Fund's non-diversified structure indicates a concentrated portfolio aimed at maximizing returns from Mexican securities. This focus implies a higher level of risk compared to diversified funds, as the performance is closely tied to the Mexican market's fluctuations, potentially amplifying both gains and losses.
Managed Distribution Plan
The Board of Directors approved quarterly distributions of $0.35 per share under the Managed Distribution Plan (MDP). This consistent distribution strategy aims to provide regular income to investors while potentially attracting income-focused investors seeking stable returns from the Fund's operations.
Performance Highlights
The Mexico Fund has delivered impressive market price returns with annualized rates of 61.48% over the past year, 13.18% over 5 years, and 8.84% over 10 years. These returns indicate strong performance relative to the benchmark and highlight the Fund's ability to generate substantial returns for investors over varying time horizons.
Top Ten Holdings
The Fund's largest holdings include Grupo México, Fomento Económico Mexicano, and Grupo Financiero Banorte, with Grupo México comprising the highest percentage of net assets at 13.60%. This concentration suggests the Fund's strategic allocation towards leading Mexican companies, potentially reflecting its confidence in the growth prospects and stability of these businesses within the Mexican economy.
- The global equity markets experienced positive performance in December 2025, with the MSCI World Index and MSCI Emerging Markets Index posting gains of 0.7% and 2.7% respectively. In contrast, the MSCI Mexico Index surged by 3.0%, and the peso appreciated by 1.6% during the month. Despite the overall positive market conditions, the Mexico Fund's Net Asset Value (NAV) underperformed its benchmark, indicating a relative lag in capitalizing on the favorable market trends. This underperformance may stem from specific sector exposures or stock selection strategies within the Fund that did not fully capture the market upswing.
The December 2025 report of The Mexico Fund, Inc. signifies a year of substantial growth, propelled by the buoyant Mexican equity market and favorable currency movements. The Fund's strategic focus on Mexican securities has yielded robust returns, positioning it as a notable player in the investment landscape. Despite the underperformance relative to its benchmark in December, the Fund's long-term performance highlights its potential for delivering consistent value to investors seeking exposure to the Mexican market.