The Mexico Fund, Inc. has filed a Form 8-K with the Securities and Exchange Commission for the period ended August 31, 2026. The filing includes the August 2026 Monthly Summary Report, which details the Fund's financial position and portfolio performance.
As of the reporting date, the Fund reported total net assets of $355.75 million. The net asset value (NAV) per share stood at $24.67, while the closing market price was $21.73. The Fund reported a discount of 11.92% relative to its NAV. The outstanding share count was 14,420,065, and the daily average number of shares traded was 33,934.
The Fund’s Board of Directors has authorized a Managed Distribution Plan (MDP) with quarterly distributions of $0.35 per share. The Fund’s expense ratio as of April 30, 2026, was 1.18%, and the portfolio turnover rate for the same period was 8.06%.
The Fund’s top ten holdings accounted for 67.66% of net assets. The largest holding was Grupo México at 17.48%, followed by Grupo Financiero Banorte at 10.82% and Fomento Económico Mexicano at 9.50%.
Regarding performance, the Fund’s NAV increased 0.3% during August 2026. This outperformance came as the MSCI Mexico Index rose 0.1% and the Mexican peso appreciated 2.0% to Ps. $17.00. The filing notes that Mexico’s GDP increased by 1.9% in the second quarter of 2026, supported by a 24.6% increase in total exports, and that the country’s Central Bank maintained its reference interest rate at 6.50% during its August meeting.
