MXE

Mexico Equity and Income Fund
MXE
Market cap $45M

10.25 USD

+0.02

0.20%

At close Jun 16, 4:00 PM EDT

1 day

0.20%

5 days

-0.10%

1 month

2.50%

3 months

15.82%

6 months

18.63%

Year to date

25.31%

1 year

9.74%

5 years

29.75%

10 years

-17.87%

About: Mexico Equity and Income Fund Inc is a closed-end, non-diversified management investment company. It maintains an investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The company provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.

Financials Asset Management

0

Funds holding %

of 7,299 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

26% more capital invested

Capital invested by funds: $13.4M [Q4 2024] → $16.9M (+$3.46M) [Q1 2025]

6.02% more ownership

Funds ownership: 38.06% [Q4 2024] → 44.08% (+6.02%) [Q1 2025]

4% less funds holding

Funds holding: 23 [Q4 2024] → 22 (-1) [Q1 2025]

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

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Research analyst outlook

We haven’t received any recent analyst ratings for MXE.

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Financial journalist opinion

The Mexico Equity and Income Fund, Inc. Announces Cash Dividend

NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- The Mexico Equity and Income Fund, Inc. (NYSE: MXE) (the “Fund”) today announced that the Fund's Board of Directors has declared a year-end cash dividend of $0.2981 per share on its common stock consisting entirely of ordinary income payable on December 31, 2024 to stockholders of record on December 23, 2024.

The Mexico Equity and Income Fund, Inc. Announces Cash Dividend

The Mexico Equity and Income Fund, Inc. Announces Cash Dividend

NEW YORK--(BUSINESS WIRE)--The Mexico Equity and Income Fund, Inc. (NYSE: MXE) (the “Fund”) today announced that the Fund's Board of Directors has declared a year-end cash dividend of $0.3012 per share on its common stock consisting entirely of ordinary income payable on January 5, 2024 to stockholders of record on December 28, 2023. For taxable purposes, stockholders should report this dividend as income earned in 2023 even though it will be paid in 2024. The Fund is a closed-end management in.

The Mexico Equity and Income Fund, Inc. Announces Cash Dividend

The Month In Closed-End Funds: November 2023

For the first month in four, both equity (+6.05% on a NAV basis) and fixed income (+5.81%) CEFs on average posted handsome plus-side returns. At month end, 9% of all CEFs traded at a premium to their NAV, with 10% of equity CEFs and 8% of fixed income CEFs trading in premium territory. Developed Markets CEFs (+8.93%), for the first month in eight, outpaced the other classifications in the equity CEF universe for November.

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