Public Employees Retirement System of Ohio Has $2.17 Million Holdings in Mexico Fund, Inc. (The) $MXF

Public Employees Retirement System of Ohio decreased its position in shares of Mexico Fund, Inc. (The) (NYSE:MXF) by 63.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,603 shares of the investment management company’s stock after selling 176,976 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Mexico Fund were worth $2,168,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in shares of Mexico Fund by 775.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,348 shares of the investment management company’s stock worth $27,000 after purchasing an additional 1,194 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its stake in Mexico Fund by 109.4% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 5,235 shares of the investment management company’s stock valued at $105,000 after purchasing an additional 2,735 shares in the last quarter. Calamos Advisors LLC increased its stake in Mexico Fund by 32.1% during the 4th quarter. Calamos Advisors LLC now owns 18,764 shares of the investment management company’s stock valued at $378,000 after purchasing an additional 4,563 shares in the last quarter. Scotia Capital Inc. raised its holdings in Mexico Fund by 127.8% during the third quarter. Scotia Capital Inc. now owns 25,381 shares of the investment management company’s stock worth $500,000 after buying an additional 14,241 shares during the last quarter. Finally, Altium Capital Management LLC bought a new position in shares of Mexico Fund in the fourth quarter valued at $972,000.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. bought 3,077 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were bought at an average price of $21.34 per share, for a total transaction of $65,663.18. Following the completion of the acquisition, the insider directly owned 2,291,228 shares of the company’s stock, valued at $48,894,805.52. This trade represents a 0.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last three months, insiders purchased 398,990 shares of company stock worth $8,739,427. Insiders own 2.69% of the company’s stock.

Mexico Fund Trading Up 0.5%

Shares of NYSE MXF opened at $21.80 on Friday. The company has a 50-day moving average price of $21.74 and a 200-day moving average price of $21.62. Mexico Fund, Inc. has a 1 year low of $17.41 and a 1 year high of $23.00.

Mexico Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Wednesday, July 22nd were given a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, July 22nd. This represents a $1.40 annualized dividend and a yield of 6.4%.

Mexico Fund Profile

The Mexico Fund, Inc (NYSE: MXF) is a closed-end management investment company that seeks long-term capital appreciation through exposure to Mexican securities. The fund primarily invests in equity instruments of companies organized or principally operating in Mexico, spanning a range of sectors such as financial services, consumer goods, industrials and energy. It may also allocate portions of its portfolio to fixed-income securities, including government and corporate bonds, when attractive opportunities arise.

Launched in 1991 and incorporated under Maryland law, The Mexico Fund offers U.S.