THE MEXICO FUND, INC. PAYS DISTRIBUTION
The Mexico Fund (NYSE: MXF) has announced a cash distribution of $0.22 per share to stockholders of record as of January 22, 2025, payable on January 30, 2025. The distribution breakdown includes: 45.52% from net investment income ($0.1002), 4.41% from short-term capital gains ($0.0097), 13.93% from long-term capital gains ($0.0306), and 36.14% as return of capital ($0.0795).
The Fund's performance metrics show a 7.11% average annual total return for the 5-year period ended December 31, 2024, and a negative 4.71% cumulative total return for the current fiscal year, which began on November 1, 2024. The distribution is part of the Fund's Managed Distribution Plan (MDP), with final tax characterization to be determined after the fiscal year end.
Il Mexico Fund (NYSE: MXF) ha annunciato una distribuzione in contante di $0,22 per azione agli azionisti registrati fino al 22 gennaio 2025, pagabile il 30 gennaio 2025. La suddivisione della distribuzione comprende: 45,52% da reddito netto da investimenti ($0,1002), 4,41% da guadagni in conto capitale a breve termine ($0,0097), 13,93% da guadagni in conto capitale a lungo termine ($0,0306), e 36,14% come restituzione di capitale ($0,0795).
I parametri di performance del Fondo mostrano un ritorno totale medio annuo del 7,11% per il periodo di 5 anni concluso il 31 dicembre 2024, e un ritorno totale cumulativo negativo del 4,71% per l'anno fiscale attuale, iniziato il 1 novembre 2024. La distribuzione fa parte del Piano di Distribuzione Gestita (MDP) del Fondo, con la caratterizzazione fiscale finale che sarà determinata dopo la fine dell'anno fiscale.
El Mexico Fund (NYSE: MXF) ha anunciado una distribución en efectivo de $0.22 por acción para los accionistas registrados hasta el 22 de enero de 2025, pagadero el 30 de enero de 2025. El desglose de la distribución incluye: 45.52% de ingresos netos por inversiones ($0.1002), 4.41% de ganancias de capital a corto plazo ($0.0097), 13.93% de ganancias de capital a largo plazo ($0.0306), y 36.14% como retorno de capital ($0.0795).
Las métricas de rendimiento del Fondo muestran un retorno total promedio anual del 7.11% para el período de 5 años terminado el 31 de diciembre de 2024, y un retorno total acumulado negativo del 4.71% para el año fiscal actual, que comenzó el 1 de noviembre de 2024. La distribución es parte del Plan de Distribución Administrada (MDP) del Fondo, con la caracterización fiscal final que se determinará después del final del año fiscal.
멕시코 펀드 (NYSE: MXF)는 2025년 1월 22일 기준 주주에게 주당 $0.22 현금 배당금을 발표했으며, 이는 2025년 1월 30일에 지급됩니다. 배당금의 구성은 다음과 같습니다: 45.52%는 순투자 수익금 ($0.1002), 4.41%는 단기 자본 이익 ($0.0097), 13.93%는 장기 자본 이익 ($0.0306), 36.14%는 자본 반환 ($0.0795)입니다.
펀드의 성과 지표는 2024년 12월 31일 기준 5년 동안의 연평균 총 수익률 7.11%를 보여주며, 2024년 11월 1일 시작된 현재 회계연도의 누적 총 수익률 -4.71%을 나타냅니다. 이 배당금은 펀드의 관리 배당 계획(MDP)의 일환으로, 최종 세금 분류는 회계연도 종료 후에 결정됩니다.
Le Mexico Fund (NYSE: MXF) a annoncé une distribution en espèces de 0,22 $ par action pour les actionnaires enregistrés au 22 janvier 2025, payable le 30 janvier 2025. La répartition de la distribution comprend : 45,52% provenant des revenus nets d'investissement (0,1002 $), 4,41% provenant des gains en capital à court terme (0,0097 $), 13,93% provenant des gains en capital à long terme (0,0306 $), et 36,14% comme retour de capital (0,0795 $).
Les indicateurs de performance du fonds montrent un rendement total annuel moyen de 7,11% sur la période de 5 ans se terminant le 31 décembre 2024, et un rendement total cumulatif négatif de 4,71% pour l'exercice en cours, qui a commencé le 1er novembre 2024. La distribution fait partie du Plan de Distribution Géré (MDP) du fonds, avec la caractérisation fiscale finale qui sera déterminée après la fin de l'exercice fiscal.
Der Mexico Fund (NYSE: MXF) hat eine Barausschüttung von 0,22 $ pro Aktie an die am 22. Januar 2025 registrierten Aktionäre angekündigt, die am 30. Januar 2025 ausgezahlt wird. Der Verteilungsschlüssel umfasst: 45,52% aus Nettoeinkünften aus Investitionen (0,1002 $), 4,41% aus kurzfristigen Kapitalgewinnen (0,0097 $), 13,93% aus langfristigen Kapitalgewinnen (0,0306 $) und 36,14% als Rückzahlung von Kapital (0,0795 $).
Die Leistungskennzahlen des Fonds zeigen eine durchschnittliche jährliche Gesamtrendite von 7,11% für den Zeitraum von 5 Jahren bis zum 31. Dezember 2024 und eine negative kumulierte Gesamtrendite von 4,71% für das laufende Geschäftsjahr, das am 1. November 2024 begann. Die Ausschüttung ist Teil des verwalteten Verteilungsschemas (MDP) des Fonds, dessen endgültige steuerliche Charakterisierung nach Ende des Geschäftsjahres festgelegt wird.
- Distribution of $0.22 per share to stockholders
- Strong 7.11% five-year average annual total return
- 63.86% of distribution comes from income and capital gains
- Negative 4.71% fiscal year-to-date return
- 36.14% of distribution represents return of capital, indicating insufficient earnings to cover full distribution
Insights
The Mexico Fund's latest distribution announcement reveals several noteworthy aspects for investors. The
However, the substantial return of capital component (
The fund's 5-year average annual total return of
The distribution breakdown provides transparency but also signals potential sustainability concerns. Investors should monitor the return of capital component in future distributions, as consistently high levels could impact the fund's long-term asset base.
As a general matter, the amount of distributable income for each fiscal period depends on the aggregate gains and losses realized by the Fund during the entire year. Distributions may consist of net investment income, capital gains and return of capital, but the character of these distributions cannot be determined until after the end of the Fund's fiscal year.
However, under the Investment Company Act of 1940, the Fund is required to indicate the source of each distribution to stockholders. The following table sets forth an estimate of the sources of the January 30, 2025, distribution and distributions paid in the current fiscal year:
Distribution Estimates | January 2025 | Fiscal Year-to-date (YTD)1 | ||
Source | Per Share Amount | Percent of Current Distribution | Per Share Amount | Percent of Fiscal Year Distributions |
Net Investment Income | 45.52 % | 45.52 % | ||
Net Realized Short-Term Capital Gains | 4.41 % | 4.41 % | ||
Net Realized Long-Term Capital Gains | 13.93 % | 13.93 % | ||
Return of Capital | 36.14 % | 36.14 % | ||
Total Distribution | 100.00 % | 100.00 % | ||
Information regarding the Fund's performance and distribution rates is set forth below:
Average Annual Total Return for the 5-year period ended on December 31, 20242 | 7.11 % |
Current Annualized Distribution Rate (current fiscal year)3 | - |
Current Fiscal Year Cumulative Total Return4 | (4.71) % |
Cumulative Distribution Rate (current fiscal year)5 | - |
1 The Fund's current fiscal year began on November 1, 2024.
2 Average Annual Total Return represents the simple arithmetic average of the Annual NAV Total Returns of the Fund for the last five years. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of those distributions.
3 The Current Annualized Distribution Rate is the Cumulative Distribution Rate as of December 31, 2024, annualized as a percentage of the Fund's NAV at the same date. As of the date of this press release, this rate is zero because the
4 Current Fiscal Year Cumulative Total Return is the percentage change in the Fund's NAV from November 1, 2024 through December 31, 2024, including distributions paid and assuming reinvestment of those distributions.
5 Cumulative Distribution Rate for the Fund's current fiscal period (November 1, 2024, through December 31, 2024) measured on the dollar value of distributions in the period as a percentage of the Fund's NAV as of December 31, 2024. As of the date of this press release, this rate is zero because the
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's MDP.
The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report the distribution for federal income tax purposes.
CONTACT:
Tofi Dayan
+5255-9138-3350
Email: investor-relations@themexicofund.com
About The Mexico Fund, Inc.
The Mexico Fund, Inc. is a non-diversified closed-end management investment company with the investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The Fund provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.
This release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Fund's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the risks and uncertainties described in the Fund's filings with the Securities and Exchange Commission. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Fund undertakes no obligation to release publicly any revisions to these forward looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by The Mexico Fund or any other person that the events or circumstances described in such statement are material.
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SOURCE The Mexico Fund, Inc.
FAQ
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