Mexico Equity & Income Fund Inc

Mexico Equity & Income Fund, Inc. (OTC: MXE) is a Maryland corporation registered under the Investment Company Act of 1940 as a closed-end, non-diversified management investment company that invests primarily in equity and income-producing securities issued by Mexican companies and debt securities of Mexican issuers. The Fund's investment objective is to seek high total return through capital appreciation and current income, with at least 80% of the Fund's assets invested in equity securities, convertible securities, and debt instruments of Mexican issuers listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores). This Mexico-focused mandate provides investors with concentrated exposure to the performance of one of Latin America's two largest economies and the third-largest economy in the Western Hemisphere.<br><br>The Fund began trading on the New York Stock Exchange under the symbol MXE on August 21, 1990, making it one of the earliest dedicated Mexico equity closed-end funds available to U.S. investors. The Fund is managed by Pichardo Asset Management, S.A. de C.V., a Mexican investment management firm, and follows a fiscal year ending July 31, filing periodic reports with the Securities and Exchange Commission including annual and semi-annual shareholder reports, proxy statements, and portfolio disclosure forms. The Fund's long operating history — spanning more than 35 years — provides it with one of the longest track records among dedicated Mexico equity investment vehicles available to U.S. investors.<br><br>Mexico's economy is characterized by its deep manufacturing integration with the United States through the North American free trade framework, a large domestic consumer market, significant energy resources, and a diversified corporate sector spanning financial services, consumer staples, materials, telecommunications, and industrial companies. The reshoring and nearshoring trends accelerating since 2020 have positioned Mexico as a major beneficiary of global supply chain reorganization, as manufacturers reduce dependence on distant Asian supply chains in favor of more proximate North American production. Mexico Equity & Income Fund, Inc. provides investors with a professionally managed vehicle for accessing the potential investment opportunities created by these structural economic trends through its diversified portfolio of Mexican equity and income securities.