MXE
Price:
$8.38
Market Cap:
$36.87M
Mexico Equity & Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, S.A. de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the Mexbol and MSCI Mexico Index. Mexico Equity & Income Fund Inc. was formed on May 24, 1990 and is domiciled in the United States.[Read more]
Industry
Asset Management - Income
IPO Date
1990-08-15
Stock Exchange
NYSE
Ticker
MXE
According to Mexico Equity & Income Fund Inc.’s latest financial reports and current stock price. The company's current ROE is -10.77%. This represents a change of 258.13% compared to the average of -3.01% of the last 4 quarters.
The mean historical ROE of Mexico Equity & Income Fund Inc. over the last ten years is 0.97%. The current -10.77% ROE has changed -1213.48% with respect to the historical average. Over the past ten years (40 quarters), MXE's ROE was at its highest in in the July 2021 quarter at 24.25%. The ROE was at its lowest in in the July 2020 quarter at -41.00%.
Average
0.97%
Median
-5.11%
Minimum
-26.08%
Maximum
37.30%
Discovering the peaks and valleys of Mexico Equity & Income Fund Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.37%
Maximum Annual ROE = 37.30%
Minimum Annual Increase = -535.51%
Minimum Annual ROE = -26.08%
Year | ROE | Change |
---|---|---|
2024 | -11.58% | -138.57% |
2023 | 30.03% | -535.51% |
2022 | -6.90% | -118.48% |
2021 | 37.30% | 1.37% |
2020 | 2.53% | -109.71% |
2019 | -26.08% | 682.90% |
2018 | -3.33% | -133.36% |
2017 | 9.98% | -236.74% |
2016 | -7.30% | -51.27% |
2015 | -14.98% | -227.01% |
The current ROE of Mexico Equity & Income Fund Inc. (MXE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.85%
5-year avg
10.28%
10-year avg
0.97%
Mexico Equity & Income Fund Inc.’s ROE is less than The Korea Fund, Inc. (10.74%), less than Western Asset Global High Income Fund Inc. (14.81%), greater than The New Germany Fund, Inc. (-6.48%), less than MFS Charter Income Trust (9.48%), less than Nuveen Core Plus Impact Fund (5.87%), less than PIMCO New York Municipal Income Fund III (3.43%), less than BlackRock MuniHoldings Quality Fund II, Inc. (5.53%), less than Nuveen Pennsylvania Quality Municipal Income Fund (6.54%), greater than Eaton Vance New York Municipal Bond Fund (-1.43%), less than PIMCO New York Municipal Income Fund (9.18%), less than Neuberger Berman Municipal Fund Inc. (5.45%), less than Invesco Trust for Investment Grade New York Municipals (16.50%), less than Eaton Vance New York Municipal Income Trust (4.98%), less than Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (2.95%), less than The New America High Income Fund Inc. (20.61%), less than Eagle Point Credit Company Inc. (15.41%), less than Nuveen Real Asset Income and Growth Fund (6.06%), less than The Central and Eastern Europe Fund, Inc. (27.28%), less than The Taiwan Fund, Inc. (35.24%), less than The European Equity Fund, Inc. (10.17%), less than Abrdn Japan Equity Fund Inc (11.80%),
Company | ROE | Market cap |
---|---|---|
10.74% | $94.49M | |
14.81% | $149.76M | |
-6.48% | $130.96M | |
9.48% | $262.63M | |
5.87% | $304.80M | |
3.43% | $32.42M | |
5.53% | $219.40M | |
6.54% | $416.10M | |
-1.43% | $169.02M | |
9.18% | $58.65M | |
5.45% | $303.44M | |
16.50% | $205.30M | |
4.98% | $81.95M | |
2.95% | $72.23M | |
20.61% | $190.97M | |
15.41% | $2.23B | |
6.06% | $333.11M | |
27.28% | $74.22M | |
35.24% | $337.54M | |
10.17% | $56.52M | |
11.80% | $79.14M |
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