Mexico Equity & Income Fund Inc. (MXE)
Mexico Equity & Income Fund Inc. operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Mexico, WI, US. The stock last traded at $13.68, up 0.00% on the session, giving a market capitalisation of $60.2M. On trailing twelve-month figures it carries a trailing P/E of 2.78, a net margin of 586.0%. Its beta of 0.65 implies it has historically moved less than the broad market.
The Mexico Equity & Income Fund Inc., identified by the symbol MXE, functions as a closed-end, balanced mutual fund. It was established and is currently managed by Pichardo Asset Management, S.A. de C.V. The fund primarily channels its investments into Mexico's public equity and fixed-income markets, while also dedicating a segment of its capital to convertible securities. Its portfolio is composed of shares from companies operating across a diverse spectrum of industries. To gauge its investment performance, the fund benchmarks its results against both the Mexbol and MSCI Mexico Index. This particular fund was founded on May 24, 1990, and maintains its domicile within the United States.
Mexico Equity & Income Fund Inc. is most often compared with the following Financial Services names: