Mexico Equity and Income Price, Forecast, Insider, Ratings, Fundamentals & Signals

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.

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.

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 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...

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

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.

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 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 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.

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