The Mexico Fund, Inc. (NYSE:MXF) CEO Buys $202,950.00 in Stock

The Mexico Fund, Inc. (NYSE:MXF) CEO Alberto Osorio purchased 15,000 shares of the firm’s stock in a transaction dated Wednesday, January 22nd. The stock was acquired at an average cost of $13.53 per share, for a total transaction of $202,950.00. Following the completion of the purchase, the chief executive officer now owns 115,195 shares of the company’s stock, valued at approximately $1,558,588.35. This represents a 14.97 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

The Mexico Fund Price Performance

NYSE:MXF opened at $13.86 on Friday. The company’s 50-day moving average price is $13.56 and its 200-day moving average price is $14.56. The Mexico Fund, Inc. has a twelve month low of $12.99 and a twelve month high of $19.69.

The Mexico Fund Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Shareholders of record on Wednesday, January 22nd will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 6.35%. The ex-dividend date is Wednesday, January 22nd.

Hedge Funds Weigh In On The Mexico Fund

A number of institutional investors have recently bought and sold shares of the company. Calamos Advisors LLC purchased a new position in The Mexico Fund during the fourth quarter worth about $174,000. Matisse Capital increased its position in shares of The Mexico Fund by 7.7% during the fourth quarter. Matisse Capital now owns 195,000 shares of the investment management company’s stock valued at $2,574,000 after acquiring an additional 14,000 shares during the last quarter. Blankinship & Foster LLC acquired a new stake in shares of The Mexico Fund during the third quarter valued at about $160,000. Public Employees Retirement System of Ohio acquired a new stake in shares of The Mexico Fund during the third quarter valued at about $4,799,000. Finally, Landscape Capital Management L.L.C. increased its position in shares of The Mexico Fund by 62.4% during the third quarter. Landscape Capital Management L.L.C. now owns 75,681 shares of the investment management company’s stock valued at $1,142,000 after acquiring an additional 29,079 shares during the last quarter.

About The Mexico Fund

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.