MXE

Mexico Equity and Income Fund, Inc. (The) Common Stock (MXE)

About Mexico Equity and Income Fund, Inc. (The) Common Stock (MXE)

Mexico Equity and Income Fund offers a closed‑end, non‑diversified investment vehicle focused on Mexican securities. It primarily allocates at least 80 % of its portfolio to equity and convertible instruments issued by Mexican companies and may also include debt securities from Mexican issuers. The fund seeks a blend of capital appreciation and current income through a managed portfolio benchmarked against the Mexbol and MSCI Mexico indexes. Management oversight is provided by Pichardo Asset Management, S.A. de C.V., with experienced portfolio managers handling investment strategy.

Details

Daily high
$12.30
Daily low
$12.05
Price at open
$12.05
52 Week High
$12.50
52 Week Low
$7.96
Market cap
54.1M
Dividend yield
4.32%
Volume
1,655
Avg. volume
8,967
P/E ratio
28.66
30-Day SEC yield
--
Expense Ratio (gross)
--

Mexico Equity and Income Fund, Inc. (The) Common Stock News

Details

Daily high
$12.30
Daily low
$12.05
Price at open
$12.05
52 Week High
$12.50
52 Week Low
$7.96
Market cap
54.1M
Dividend yield
4.32%
Volume
1,655
Avg. volume
8,967
P/E ratio
28.66
30-Day SEC yield
--
Expense Ratio (gross)
--

Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website. Please read the prospectus carefully prior to investing.

Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.

Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate and when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the standardized performance data quoted. Select the Standardized Performance link for the latest quarterly performance.