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<SEC-DOCUMENT>0001015402-04-001324.txt : 20040331
<SEC-HEADER>0001015402-04-001324.hdr.sgml : 20040331
<ACCEPTANCE-DATETIME>20040331171759
ACCESSION NUMBER:		0001015402-04-001324
CONFORMED SUBMISSION TYPE:	NSAR-A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040131
FILED AS OF DATE:		20040331
EFFECTIVENESS DATE:		20040331

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEXICO EQUITY & INCOME FUND INC
		CENTRAL INDEX KEY:			0000863900
		IRS NUMBER:				133576061
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		NSAR-A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06111
		FILM NUMBER:		04706890

	BUSINESS ADDRESS:	
		STREET 1:		U.S. BANCORP FUND SERVICES, LLC
		STREET 2:		615 EAST MICHIGAN STREET, LC-2
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		4147655307

	MAIL ADDRESS:	
		STREET 1:		U.S. BANCORP FUND SERVICES, LLC
		STREET 2:		615 EAST MICHIGAN STREET, LC-2
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MEXICO CONVERTIBLE ADVANTAGE FUND INC
		DATE OF NAME CHANGE:	19900807

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MEXICO ADVANTAGE FUND INC
		DATE OF NAME CHANGE:	19900805
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087 A020000 592834105
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SIGNATURE   GERALD HELLERMAN
TITLE       PRESIDENT


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77C VOTES
<SEQUENCE>3
<FILENAME>exhibit77c.txt
<DESCRIPTION>VOTES
<TEXT>
                     THE MEXICO EQUITY AND INCOME FUND, INC.

                 FORM N-SAR REPORT FOR THE PERIOD ENDED 1/31/04


                                  Item 77-C (1)

Results of Annual Stockholders Meeting

The Fund's Annual Stockholders meeting was held on November 19, 2003, at 405
Lexington Avenue, New York, New York 10174. As of October 9, 2003, the record
date, outstanding shares of common stock ("shares") of the Fund were 2,473,504.
Holders of 2,137,626 shares of the Fund were present at the meeting either in
person or by proxy. These holders, as being holders of a majority of the
outstanding shares of the Fund, constituted a quorum. The stockholders voted on
three proposals.

The stockholders approved a new Investment Advisory agreement between Pichardo
Asset Management, S.A. de C.V. and the Fund, elected two Directors to the Board
of Directors, and ratified the selection of Tait, Weller & Baker as the Fund's
independent auditor for the fiscal year ending July 31, 2004.

The following table provides information concerning the matters voted on at the
meeting:

   I.     APPROVAL  OF  THE  NEW  INVESTMENT ADVISORY AGREEMENT BETWEEN PICHARDO
          ASSET  MANAGEMENT,  S.A.  DE  C.V.
          AND  THE  FUND

               VOTES FOR  VOTES AGAINST  VOTES ABSTAINED  BROKER NON-VOTES
               ---------  -------------  ---------------  ----------------

               2,055,371         49,478           32,777                 0


   II.    ELECTION OF DIRECTORS

               NOMINEE          FOR     WITHHELD
               ------------  ---------  --------
               Rajeev Das .  2,079,469    58,157

               Andrew Dakos  2,082,868    54,758


   III.   RATIFICATION OF THE SELECTION OF TAIT, WELLER & BAKER AS THE FUND'S
          INDEPENDENT AUDITOR

               VOTES FOR  VOTES AGAINST  VOTES ABSTAINED  BROKER NON-VOTES
               ---------  -------------  ---------------  ----------------

               2,073,339         30,379           33,907                 0



</TEXT>
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</SEC-DOCUMENT>
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