MXE

Mexico Equity and Income Fund
MXE

$9

1.32%

Market Cap: $39.6M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

150% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 2

1.5% more ownership

Funds ownership: 34.52% [Q1] → 36.02% (+1.5%) [Q2]

9% less funds holding

Funds holding: 23 [Q1] → 21 (-2) [Q2]

13% less capital invested

Capital invested by funds: $17.6M [Q1] → $15.2M (-$2.34M) [Q2]

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

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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--(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.

The Month In Closed-End Funds: November 2023

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