MEXICO FUND (MXF)

• The Mexico Fund, Inc. (MXF) released its Monthly Summary Report for October 31, 2025, indicating Total Net Assets of $317.52 million, a NAV per share of $22.02, and a closing price of $19.39, resulting in an 11.94% discount.
• For October 2025, the Fund's NAV decreased by 1.80%, underperforming the MSCI Mexico Index, which decreased by 0.91%.
• The Fund's Board of Directors has authorized quarterly distributions of $0.25 per share under its Managed Distribution Plan.
• The top ten holdings, representing 67.00% of Net Assets, include Grupo México (13.09%), Grupo Financiero Banorte (11.28%), and Fomento Económico Mexicano (9.97%).
• In October 2025, the Federal Reserve reduced its overnight interest rate by 25 basis points, while Mexico's preliminary GDP for Q3 2025 decreased by 0.3% annually; however, Mexican-listed companies reported positive Q3 2025 financial results with sales increasing 3.8% and Ebitda increasing 4.6%.

• The Mexico Fund, Inc. (MXF) announced a cash distribution of $0.25 per share payable on October 30, 2025, to stockholders of record as of October 22, 2025.
• The October 30, 2025, distribution is estimated to consist primarily of Net Investment Income at 73.80% ($0.1845 per share), with contributions from Net Realized Long-Term Capital Gains (12.53%), Return of Capital (12.19%), and Net Realized Short-Term Capital Gains (1.48%).
• For the current fiscal year, which began on November 1, 2024, the total distribution per share is $0.9400, with similar proportional sources as the October distribution.
• As of September 30, 2025, the Fund reported an Average Annual Total Return of 19.11% for the 5-year period and a Current Fiscal Year Cumulative Total Return of 33.59%.

• The Mexico Fund, Inc. (MXF) is a non-diversified closed-end management investment company focused on long-term capital appreciation through investments in Mexican securities.
• As of September 30, 2025, the Fund reported Total Net Assets of $327.09 million, a NAV per share of $22.68, and was trading at a 13.14% discount.
• For the month of September 2025, the Fund's NAV increased by 8.7%, underperforming the MSCI Mexico Index, which increased by 10.0%.
• The Board of Directors has authorized quarterly distributions of $0.25 per share under its Managed Distribution Plan.
• Mexico's Central Bank decreased its reference interest rate by 25 basis points to 7.50%, and S&P reaffirmed Mexico's credit rating at 'BBB' with a stable outlook.

• The Mexico Fund, Inc. (MXF) announced a cash distribution of $0.25 per share to stockholders of record on October 22, 2025, payable on October 30, 2025.
• Since the implementation of its Managed Distribution Plan (MDP) in September 2008, the Fund has paid a total of $27.73 per share in cash distributions.
• Estimates for the October 2025 distribution and the fiscal year-to-date distributions indicate that the majority comes from Net Investment Income, as detailed in the table below.
• The Fund's performance metrics, including its Average Annual Total Return for the 5-year period ended August 31, 2025, and current fiscal year rates, are provided in the table below.

Distribution Estimates

Performance Metrics