The Mexico Fund, Inc. Announces Renewal of Expense Limitation Agreement and Declares Distribution
The Mexico Fund, Inc. (NYSE: MXF) has renewed its Expense Limitation Agreement for fiscal year 2027 with a reduced expense ratio from 1.40% to 1.35%, effective November 1, 2026 through October 31, 2027, provided net assets remain above $320 million. The agreement allows the Fund's investment advisor to waive fees or reimburse expenses in order to maintain this expense ratio. The Fund also declared a distribution of $0.35 per share for stockholders of record on October 21, 2026, with payment scheduled for October 29, 2026. The Board has approved the continuation of its Managed Distribution Plan (MDP) in 2026 and has paid a cumulative $29.03 per share since implementing it in September 2008. The distribution is estimated to consist primarily of net investment income, long-term capital gains, with smaller portions from short-term capital gains and return of capital.
Tickers: $MXF
Topics: dividends expense limitation agreement managed distribution plan