Mexico Equity & Income Fund Inc. (MXE)

NYSE: MXE · Real-Time Price · USD
8.51
-0.08 (-0.93%)
Nov 20, 2024, 2:57 PM EST - Market closed
-0.93%
Market Value 37.45M
Revenue (ttm) 3.30M
Net Income (ttm) -6.67M
Shares Out 4.40M
EPS (ttm) -1.52
PE Ratio n/a
Forward PE n/a
Dividend $0.30 (3.54%)
Ex-Dividend Date Dec 27, 2023
Volume 2,855
Open 8.51
Previous Close 8.59
Day's Range 8.48 - 8.51
52-Week Range 8.36 - 11.63
Beta 0.98
Analysts n/a
Price Target n/a
Earnings Date n/a

About MXE

Mexico Equity & Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, S.A. de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the Mexbol and MSCI Mexico Index. Mexico Equity & Income Fund Inc. was formed on May 24, 1990 and is domiciled in the United States. [Read more]

Sector Financials
Founded 1990
Country Mexico
Stock Exchange NYSE
Ticker Symbol MXE
Full Company Profile

News

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 shar...

1 year ago - Business Wire

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 ...

Other symbols: IGRKFMAVPCKPMXRQITWN
1 year ago - Seeking Alpha

The Month In Closed-End Funds: January 2023

For the third month in four, equity CEFs (+5.60% on a NAV basis) on average witnessed positive performance. While their fixed income CEF cohorts (+4.08%) posted gains for the second month in three.

Other symbols: BBNEDFGFGGTIGRKIOMXF
1 year ago - Seeking Alpha

The Mexico Equity and Income Fund Announces New Transfer Agent

NEW YORK--(BUSINESS WIRE)--The Mexico Equity and Income Fund, Inc. (“the Fund”) (NYSE: MXE) announced today that effective February 6, 2023 American Stock Transfer & Trust Company, LLC (“AST”) 6210 ...

1 year ago - Business Wire

Weekly Closed-End Fund Roundup: PCF, RIV Rights Offering Results, Guggenheim Mergers Completed (November 14, 2021)

15 out of 24 CEF sectors positive on price and 6 out of 24 sectors positive on NAV last week. PCF and RIV rights offering results.

Other symbols: ASGBTABUICETCLMCRFDMB
3 years ago - Seeking Alpha

MXE's Rights Offering Concludes

MXE's rights offering concludes.

3 years ago - Seeking Alpha

The Mexico Equity and Income Fund Announces Expiration of Rights Offering

NEW YORK--(BUSINESS WIRE)--The Mexico Equity and Income Fund, Inc. (“the Fund”) (NYSE: MXE) announced today that its non-transferable rights offering to purchase additional shares of its common stock ...

3 years ago - Business Wire

The Mexico Equity and Income Fund Announces Extension of Rights Offering

NEW YORK--(BUSINESS WIRE)--The Mexico Equity and Income Fund, Inc. (“the Fund”) (NYSE: MXE) announced today that the Expiration Date of its non-transferable rights offering to purchase additional shar...

3 years ago - Business Wire

The Mexico Equity and Income Fund Announces Non-Transferable Rights Offering

NEW YORK--(BUSINESS WIRE)--The Mexico Equity and Income Fund, Inc. (“the Fund”) (NYSE: MXE) announced today that its Board of Directors has approved the terms of a non-transferable rights offering to ...

3 years ago - Business Wire

Appraising Home Bias Exposure - Mexico

Mexican pension funds have had a particularly large home bias in their equity allocations compared to other markets.

Other symbols: EWWFLMXMEXXMXF
4 years ago - Seeking Alpha