MXF MEXICO FUND INC
Price Chart
Executive Summary
The Mexico Fund filed its monthly summary report for May 2026, a routine regulatory disclosure. The report shows NAV per share of $25.32, a closing price of $22.26 (12.09% discount), and total net assets of $365.16 million. The fund's NAV underperformed the MSCI Mexico Index in May (+2.73% vs +3.19%), and the report notes Moody's downgraded Mexico's sovereign rating from Baa2 to Baa3 with stable outlook, while S&P revised its outlook from stable to negative.
Actionable Insight
Routine monthly report with no material new information. The sovereign rating actions (Moody's downgrade, S&P outlook revision) are macro headwinds for Mexican equities but do not directly affect the fund's operations. Monitor next quarterly earnings for NAV performance relative to benchmark.
Key Facts
- Total net assets of $365.16 million as of May 31, 2026
- NAV per share of $25.32; closing price of $22.26 (12.09% discount)
- MXF NAV returned +2.73% in May vs MSCI Mexico Index +3.19% (underperformance)
- MXF market price returned +5.30% in May, YTD +14.12%
- Quarterly distribution of $0.35 per share under Managed Distribution Plan
- No shares repurchased during May 2026
- Moody's downgraded Mexico's sovereign rating from Baa2 to Baa3 (stable outlook); S&P affirmed BBB but revised outlook to negative
- Mexico's central bank cut reference rate by 25 bps to 6.50% in May
- Mexico's official GDP grew 0.4% annually in Q1 2026
Financial Impact
No material financial impact — routine monthly portfolio disclosure with no new financial results or guidance
Risk Factors
- Mexican sovereign credit rating downgrade (Moody's Baa2 to Baa3) and negative S&P outlook could pressure Mexican equity valuations
- Fund trades at a persistent 12.09% discount to NAV, which may widen on macro concerns
- Underperformance vs MSCI Mexico Index in May (+2.73% vs +3.19%)
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001654954-26-005713 |
| Document: mxf_8k.htm | 0001654954-26-005713 |
| Document: 0001654954-26-005713-index-headers.html | 0001654954-26-005713 |
| Document: 0001654954-26-005713-index.html | 0001654954-26-005713 |
| Document: 0001654954-26-005713.txt | 0001654954-26-005713 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
1d ago
|
8-K
| $22.03 awaiting T+20 | awaiting T+20 | — | $21.40 (−2.84%) |
|
May 7, 2026
4w ago
|
8-K
| $21.81 $22.15 | ▲ +1.56% | ▼ −1.58% | $21.40 (−1.88%) |
|
Apr 7, 2026
8w ago
|
8-K
| $21.00 $20.94 | ▼ −0.27% | ▼ −10.05% | $21.40 (+1.92%) |
US Market Status
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