20,875 Shares in The Mexico Fund, Inc. (NYSE:MXF) Bought by Rahlfs Capital LLC

Rahlfs Capital LLC bought a new stake in The Mexico Fund, Inc. (NYSE:MXF) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,875 shares of the investment management company’s stock, valued at approximately $276,000. Rahlfs Capital LLC owned about 0.14% of The Mexico Fund as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of MXF. Public Employees Retirement System of Ohio bought a new position in The Mexico Fund in the third quarter valued at $4,799,000. Wolverine Asset Management LLC lifted its position in shares of The Mexico Fund by 95.5% in the 4th quarter. Wolverine Asset Management LLC now owns 145,595 shares of the investment management company’s stock worth $1,922,000 after purchasing an additional 71,133 shares during the period. Calamos Advisors LLC bought a new stake in shares of The Mexico Fund during the fourth quarter valued at approximately $174,000. RPO LLC purchased a new position in The Mexico Fund during the 4th quarter valued at about $1,986,000. Finally, Matisse Capital increased its position in The Mexico Fund by 7.7% during the 4th quarter. Matisse Capital now owns 195,000 shares of the investment management company’s stock valued at $2,574,000 after buying an additional 14,000 shares in the last quarter.

The Mexico Fund Stock Performance

MXF stock opened at $13.82 on Friday. The business has a fifty day moving average price of $14.27 and a 200-day moving average price of $14.14. The Mexico Fund, Inc. has a 1-year low of $12.99 and a 1-year high of $19.69.

The Mexico Fund Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd will be given a $0.22 dividend. The ex-dividend date is Tuesday, April 22nd. This represents a $0.88 annualized dividend and a yield of 6.37%.

Insider Buying and Selling

In related news, Director La Calle Luis De bought 6,000 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average price of $14.32 per share, for a total transaction of $85,920.00. Following the completion of the transaction, the director now owns 7,344 shares in the company, valued at $105,166.08. The trade was a 446.43 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Alberto Osorio purchased 15,000 shares of the business’s stock in a transaction on Wednesday, January 22nd. The shares were purchased at an average price of $13.53 per share, with a total value of $202,950.00. Following the acquisition, the chief executive officer now directly owns 115,195 shares in the company, valued at $1,558,588.35. This represents a 14.97 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.69% of the stock is currently owned by insiders.

The Mexico Fund Company 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.