Mexico Fund, Inc. (The) $MXF is City of London Investment Management Co. Ltd.’s 5th Largest Position

City of London Investment Management Co. Ltd. increased its holdings in Mexico Fund, Inc. (The) (NYSE:MXF) by 9.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 3,608,772 shares of the investment management company’s stock after buying an additional 305,864 shares during the period. Mexico Fund accounts for approximately 5.9% of City of London Investment Management Co. Ltd.’s portfolio, making the stock its 5th largest position. City of London Investment Management Co. Ltd. owned 0.25% of Mexico Fund worth $63,406,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of MXF. Greykasell Wealth Strategies Inc. purchased a new position in shares of Mexico Fund in the 1st quarter worth $46,000. Landscape Capital Management L.L.C. grew its position in Mexico Fund by 34.9% in the first quarter. Landscape Capital Management L.L.C. now owns 73,799 shares of the investment management company’s stock worth $1,050,000 after acquiring an additional 19,109 shares in the last quarter. Uhlmann Price Securities LLC increased its stake in Mexico Fund by 0.7% during the second quarter. Uhlmann Price Securities LLC now owns 101,484 shares of the investment management company’s stock worth $1,783,000 after acquiring an additional 696 shares during the last quarter. SFI Advisors LLC raised its position in Mexico Fund by 342.4% during the first quarter. SFI Advisors LLC now owns 131,807 shares of the investment management company’s stock valued at $1,876,000 after purchasing an additional 102,015 shares during the period. Finally, Wolverine Asset Management LLC raised its position in Mexico Fund by 62.1% during the first quarter. Wolverine Asset Management LLC now owns 236,078 shares of the investment management company’s stock valued at $3,359,000 after purchasing an additional 90,483 shares during the period.

Mexico Fund Stock Down 0.6%

NYSE:MXF opened at $19.13 on Friday. The business has a 50 day simple moving average of $19.09 and a 200-day simple moving average of $17.88. Mexico Fund, Inc. has a 1 year low of $12.99 and a 1 year high of $19.86.

Mexico Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 30th. Shareholders of record on Wednesday, October 22nd were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend was Wednesday, October 22nd.

Mexico Fund 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.