Gates Foundation Trust Maintains 735,828 Shares in Mexico Fund

TL;DR

**Gates Foundation Trust still holds 735,828 shares of Mexico Fund, signaling continued confidence.**

AI Summary

The Bill & Melinda Gates Foundation Trust, a major philanthropic organization, has filed an amendment to its SC 13G filing, indicating that as of December 31, 2023, it beneficially owns 735,828 shares of The Mexico Fund, Inc. This represents a significant holding, giving the Trust shared voting and dispositive power over these shares. For investors, this signals continued confidence from a prominent institutional investor in The Mexico Fund, Inc., potentially lending credibility and stability to the stock.

Why It Matters

This filing shows that a highly influential and well-regarded institutional investor, the Bill & Melinda Gates Foundation Trust, continues to hold a substantial stake in The Mexico Fund, Inc., which can be seen as a vote of confidence for current and prospective shareholders.

Risk Assessment

Risk Level: low — This filing is an amendment confirming an existing position, not a new acquisition or disposal, indicating stability rather than immediate risk.

Analyst Insight

Investors should view this filing as a confirmation of a stable institutional holding, suggesting that a major player sees continued value in The Mexico Fund, Inc. This could be a positive signal, but further research into the fund's performance and underlying assets is warranted before making investment decisions.

Key Numbers

• 735,828 — Shares Beneficially Owned (Represents the total number of shares of The Mexico Fund, Inc. held by the Bill & Melinda Gates Foundation Trust as of December 31, 2023.)
• December 31, 2023 — Date of Event (The specific date on which the reported beneficial ownership was determined, as stated in the filing.)
• $1.00 — Par Value per Share (The stated par value of The Mexico Fund, Inc.'s Common Stock.)

Key Players & Entities

• Bill & Melinda Gates Foundation Trust (company) — the reporting person beneficially owning shares
• The Mexico Fund, Inc. (company) — the issuer whose securities are being reported
• Melinda French Gates (person) — a group member associated with the filing
• William H. Gates III (person) — a group member associated with the filing
• 735,828 (dollar_amount) — number of shares beneficially owned

Forward-Looking Statements

• The Bill & Melinda Gates Foundation Trust will maintain its significant stake in The Mexico Fund, Inc. throughout 2024. (Bill & Melinda Gates Foundation Trust) — medium confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $1.00 — Inc. (Name of Issuer) Common Stock, $1.00 par value per share (Title of Class o

Filing Documents

• tm245590d1_sc13ga.htm (SC 13G/A) — 77KB
• 0001104659-24-019894.txt ( ) — 79KB

From the Filing

SC 13G/A 1 tm245590d1_sc13ga.htm SC 13G/A UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* The Mexico Fund, Inc. (Name of Issuer) Common Stock, $1.00 par value per share (Title of Class of Securities) 592835102 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 592835102 1. Names of Reporting Persons Bill & Melinda Gates Foundation Trust 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power -0- 6. Shared Voting Power 735,828 ( 1 ) 7. Sole Dispositive Power -0- 8. Shared Dispositive Power 735,828 (1) 9. Aggregate Amount Beneficially Owned by Each Reporting Person 735,828 (1) 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 4.9% ( 2 ) 12. Type of Reporting Person (See Instructions) OO (1) For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), all common stock (“Common Stock”) of The Mexico Fund, Inc. (the “Issuer”) beneficially owned by Bill & Melinda Gates Foundation Trust (the “Trust”) may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates as Co-Trustees of the Trust. (2) Based on 14,771,862 shares of Common Stock outstanding on December 31, 2023, as reported by the Issuer. CUSIP No. 592835102 1. Names of Reporting Persons William H. Gates III 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization United States of America Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power -0- 6. Shared Voting Power 735,828 ( 1 ) 7. Sole Dispositive Power -0- 8. Shared Dispositive Power 735,828 (1) 9. Aggregate Amount Beneficially Owned by Each Reporting Person 735,828 (1) 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 4.9% (2) 12. Type of Reporting Person (See Instructions) IN ( 1 ) The Trust beneficially owns 735,828 shares of Common Stock of the Issuer. For purposes of Rule 13d-3 under the Exchange Act, all Common Stock beneficially owned by the Trust may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates as Co-Trustees of the Trust. (2) Based on 14,771,862 shares of Common Stock outstanding on December 31, 2023, as reported by the Issuer. CUSIP No. 592835102 1. Names of Reporting Persons Melinda French Gates 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization United States of America Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power -0- 6. Shared Voting Power 735,828 ( 1 ) 7. Sole Dispositive Power -0- 8. Shared Dispositive Power 735,828 (1) 9. Aggregate Amount Beneficially Owned by Each Reporting Person 735,828 (1) 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 4.9% (2) 12. Type of Reporting Person (See Instructions) IN ( 1 ) The Trust beneficially owns 735,828 shares of Common Stock of the Issuer. For purposes of Rule 13d-3 under the Exchange Act, all Common Stock beneficially owned by the Trust may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates as Co-Trustees of the Trust. (2) Based on 14,771,862 shares of Common Stock outstanding on December 31, 2023, as reported by the Issuer. Item 1. (a) Name of Issuer: The Mexico Fund, Inc. (the “Issuer”) (b) Address of Issuer’s Principal Executive Offices: 6700 Alexander Bell

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View this SC 13G/A filing on SEC EDGAR