Mexico Equity & Income Fund Inc. (MXE)

NEW YORK, Dec. 05, 2025 (GLOBE NEWSWIRE) -- 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 $0.2337 per share on its common stock consisting entirely of ordinary income payable on December 31, 2025 to stockholders of record on December 16, 2024.

NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- 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 $0.2981 per share on its common stock consisting entirely of ordinary income payable on December 31, 2024 to stockholders of record on December 23, 2024.

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.

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.

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.

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 15th Avenue Brooklyn, NY 11219, Telephone 1-800-278-4353, will serve as Transfer Agent to the Fund. All account balances will remain the same.

The Month In Closed-End Funds: December 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.

MXE's rights offering concludes.

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 expired on October 8, 2021. The Subscription Price was $8.90. The Fund has elected to fulfill all subscription requests by Rights Holders. Since the Subscription Price is greater than the Estimated Subscription Price of $11.13, refunds will be made to those Rights Holders that elected to receive a

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 expired on October 8, 2021. The Subscription Price was $8.90. The Fund has elected to fulfill all subscription requests by Rights Holders. Since the Subscription Price is greater than the Estimated Subscription Price of $11.13, refunds will be made to those Rights Holders that elected to receive a refund of such excess amount. All other subscribing Rights Holders will receive additional shares of the Fund for such excess amount. The total number of shares to be issued to subscribing Rights Holders is 2,613,746.

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 shares of its common stock has been extended from 5:00 p.m., New York City time on October 1, 2021 to 5:00 p.m., New York City time on October 8, 2021. Rights Holders are advised that, as provided in the Fund's prospectus and Subscription Certificate, in the event that the Estimated Subscription Price

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 shares of its common stock has been extended from 5:00 p.m., New York City time on October 1, 2021 to 5:00 p.m., New York City time on October 8, 2021. Rights Holders are advised that, as provided in the Fund’s prospectus and Subscription Certificate, in the event that the Estimated Subscription Price is more than the Subscription Price on the Expiration Date, any resulting excess amount paid by a Rights Holder towards the purchase of Shares in the Offering will be applied by the Fund towards the purchase of additional Shares under the Basic Subscription or, if such Rights Holder has exercised all of the Rights initially issued to such Rights Holder under the Basic Subscription, towards the purchase of an additional number of Shares pursuant to the Additional Subscription Privilege. Any Rights Holder who desires that such excess not be treated by the Fund as a request by the Rights Holder to acquire additional Shares in the Offering and that such excess be refunded to the Rights Holder must so indicate in the space provided on the Subscription Certificate. Rights Holders whose rights are held by a broker, custodian bank or other nominee should provide instructions to their nominee regarding such excess amount. In addition, the Fund notes that the Rights Offering registration statement filed with the Securities and Exchange Commission (“SEC”) on Form N-2 on April 27, 2021 and pre-effective amendment No. 1 of such Rights Offering registration statement filed with the SEC on Form N-2 on August 6, 2021 contained conflicting statements regarding the Fund’s investment limitation in illiquid securities. Such investment limitation applies to 15% of total assets, rather than net assets. For more information, please call InvestorCom, the Fund’s information agent at (877) 972-0090.

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 purchase additional shares of its common stock. The Fund will issue to its stockholders of record on August 27, 2021 non-transferable rights to subscribe for up to an aggregate of 1,786,463 shares of the Company’s common stock. Record date stockholders will receive one right for each share of common stock owned on the record date. The rights will entitle holders to purchase at the subscription price one new share of stock for every full right held. Rights holders who fully exercise their rights will also be entitled to subscribe, subject to certain limitations set forth in the prospectus (which shall be available on the website of the Securities and Exchange Commission at www.sec.gov) and subject to allotment, for additional shares of stock that were not subscribed for by other rights holders. Rights holders may exercise their rights until 5:00 p.m., New York City time on October 1, 2021, unless extended (the “Expiration Date”). If there are not enough unsubscribed shares available to honor all additional subscription requests, the Fund may, in its sole discretion, issue additional shares up to 200% of the shares available in the offering to honor additional subscription requests. The subscription price for the shares to be issued will be equal to 92.5% of the volume weighted average market price per share for the three consecutive trading days ending on the trading day after the Expiration Date. Because the subscription price will be determined after the Expiration Date, rights holders will not know the actual subscription price at the time of exercise. Rights holders will be required to pay for the shares subscribed for at the estimated subscription price set forth in the prospectus (and may be required to pay an additional amount or receive a partial refund, depending on the actual subscription price). The rights offering will be made pursuant to an effective registration statement on Form N-2 filed with the Securities and Exchange Commission. This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. For more information, please call InvestorCom, the Fund’s information agent at (877) 972-0090.

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 purchase additional shares of its common stock. The Fund will issue to its stockholders of record on August 27, 2021 non-transferable rights to subscribe for up to an aggregate of 1,786,463 shares of the Company's common stock. Record date stockholders will receive one right for each share of commo

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