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The Mexico Equity & Income Fund Inc., identified by the symbol MXE, functions as a closed-end, balanced mutual fund. It was established and is currently managed by Pichardo Asset Management, S.A. de C.V. The fund primarily channels its investments into Mexico's public equity and fixed-income markets, while also dedicating a segment of its capital to convertible securities. Its portfolio is composed of shares from companies operating across a diverse spectrum of industries. To gauge its investment performance, the fund benchmarks its results against both the Mexbol and MSCI Mexico Index. This particular fund was founded on May 24, 1990, and maintains its domicile within the United States.
Is MXE's expense ratio expensive, average, or a steal for its category?
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Mexico Equity and Income Fund, Inc. (NYSE: MXE - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $13.32 and traded as low as $13.03. Mexico Equity and Income Fund shares last traded at $12.9510, with a
NEW YORK, Dec. 05, 2025 (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 $0.2337 per share on its common stock consisting entirely of ordinary income payable on December 31, 2025 to stockholders of record on December 16, 2024.
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.
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.
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.