The Mexico Equity and Income Fund, Inc. Announces Results of Tender Offer
Posted on Tuesday February 19, 2019

The Mexico Equity and Income Fund, Inc. (MXE) (the “Fund”) today announced that its offer to purchase up to 1,723,866 shares of the Fund at 99% of the net asset value (“NAV”) per share as determined at the close of the regular trading session of the New York Stock Exchange on February 15, 2019 expired at 5:00 p.m., Eastern Time on February 15, 2019. Based on information provided by Broadridge, Inc., the depository for the offer, a total of 4,892,653 shares or approximately 70.95% of the Fund’s outstanding shares were validly tendered.

The Mexico Equity and Income Fund, Inc. Announces Tender Offer
Posted on Friday January 11, 2019

The Mexico Equity and Income Fund, Inc. (MXE) (the “Fund”) today announced that it has commenced a tender offer to purchase up to 25% of the common shares of the Fund (approximately 1,723,866 shares) at 99% of the net asset value (“NAV”) per common share as determined at the close of business on the Termination Date (as defined below). In accordance with the rules of the U.S. Securities and Exchange Commission (the “Commission”), the Fund may purchase additional shares not to exceed 2% of the outstanding shares without amending or extending the tender offer. The tender offer will expire at 5:00 p.m., Eastern Time, on February 15, 2019 (the “Termination Date”), unless the tender offer is extended.

Mexico Closed-End Fund Outperforms in Dismal December
Posted on Tuesday January 08, 2019

Closed-end municipal bond funds bucked an otherwise dismal December and an equity fund focused on Mexico managed decent gains, even as other bond and equity counterparts took a beating amid the market rout. Municipal debt CEFs posted an average return of 1.1% in December, even as closed-end bond funds as a whole saw declines of 0.37% in net asset value and 1.5% on a market basis, according to Lipper's FundMarket Insight Report. Closed-end equity funds were hit even harder, with a 6.13% decline in net asset value and an 8.53% slide on a market basis.

The Mexico Equity and Income Fund, Inc. Announces Cash Dividend
Posted on Friday December 07, 2018

The Mexico Equity and Income Fund, Inc. today announced that the Fund’s Board of Directors has declared a year-end cash dividend of $0.0012 per share on its common stock payable on December 28, 2018 to stockholders of record on December 19, 2018.