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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001505315-10-000002.txt : 20101110
<SEC-HEADER>0001505315-10-000002.hdr.sgml : 20101110
<ACCEPTANCE-DATETIME>20101110122433
ACCESSION NUMBER:		0001505315-10-000002
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20101110
DATE AS OF CHANGE:		20101110

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Abraham Richard Leo
		CENTRAL INDEX KEY:			0001505315

	FILING VALUES:
		FORM TYPE:		SC 13G

	MAIL ADDRESS:	
		STREET 1:		143 COLFAX ROAD
		CITY:			HAVERTOWN
		STATE:			PA
		ZIP:			19083

SUBJECT COMPANY:	

	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:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-41350
		FILM NUMBER:		101178896

	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:		4147654499

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>mxe.txt
<TEXT>
           UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G



                    Under the Securities Exchange Act of 1934




                     The Mexico Equity and Income Fund, Inc.
                     ---------------------------------------
                                (Name of Issuer)


                                 Preferred Stock
                                  ------------
                         (Title of Class of Securities)


                                    592834204
                                    ---------
                                  (CUSIP Number)



Check the following box if a fee is being paid with this statement / /. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

                                                                     Page 1 of 5
SEC 1745 (10-88)
<PAGE>


                                  SCHEDULE 13G

CUSIP NO.     592834105
              ---------
- - ---------------------------------------
1.       NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

         Richard Abraham
- - -----------------------------
2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) /  /.
                                                              (b) /  /.

- - ------------------------------
3.       SEC USE ONLY


- - ------------------------------
4.       CITIZENSHIP OR PLACE OF ORGANIZATION
         United States

- - -----------------------------
                                 5.       SOLE VOTING POWER
                                          7,377
           NUMBER OF
                                 -------- -------------
            SHARES               6.       SHARED VOTING POWER
         BENEFICIALLY                     0
           OWNED BY
                                 -------- --------------
             EACH                7.       SOLE DISPOSITIVE POWER
           REPORTING                      7,377
            PERSON
                                 -------- ---------------
             WITH                8.       SHARED DISPOSITIVE POWER
                                          0

- - -------------------------------- --------
9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         7,377

- - ------------------------------------------
10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
         SHARES* /  /.

- - ---------------------------------------
11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
        10.7%

- - ----------------------------------
12.      TYPE OF REPORTING PERSON*
         individual

- - ------------------------------------
                      *SEE INSTRUCTION BEFORE FILLING OUT!
                                                                     Page 2 of 5
<PAGE>
                            STATEMENT ON SCHEDULE 13G


Item 1(a).       Name of Issuer:
                 ---------------
                 The Mexico Equity and Income Fund, Inc.


Item 1(b).       Address of Issuer's Principal Executive Offices:
                 ------------------------------------------------
                 615 East Michigan Street
                 Milwaukee, WI 53202


Item 2(a).       Names of Person Filing:
                 -----------------------
                 Richard Abraham

Item 2(b).       Address of Principal Business Office or, if none, Residence:
                 ------------------------------------------------------------
                 143 Colfax Road
		 Havertown, PA 190893


Item 2(c).       Citizenship:
                 ------------
                 United States


Item 2(d).       Title of Class of Securities:
                 -----------------------------
                 Preferred Stock

Item 2(e).       CUSIP Number:
                 -------------
                 592834204


Item 3.          If this statement is filed pursuant to Rules 13d-1(b), or
                 ---------------------------------------------------------
                 13d-2(b), check whether the person filing is a:
                 -----------------------------------------------
                 (a) / / Broker or Dealer registered under Section 15 of the Act
                 (b) / / Bank as defined in section 3(a)(6) of the Act
                 (c) / / Insurance Company as defined in section 3(a)(19) of the
                         Act
                 (d) / / Investment Company registered under section 8 of the
                         Investment Company Act
                 (e) / / Investment Advisor registered under section 203 of the
                         Investment Advisers Act
                 (f) / / Employee Benefit Plan, Pension Fund which is subject to
                         the provisions of the Employee Retirement Income
                         Security Act of 1974 or Endowment Fund;
                         see Sec.240.13d-1(b)(ii)(F) (Note: See Item 7)
                 (g) / / Parent Holding Company, in accordance with
                         Sec.240.13d-1(b)(ii)(G).  (Note: See Item 7)
                 (h) / / Group, in accordance with Sec.240.13d-1(b)(ii)(H).


                                                                     Page 3 of 5
<PAGE>

Item 4.  Ownership:
         ----------
         (a) Amount Beneficially Owned: 7,377 as of 10th November 2010
                                        -------
         (b) Percent of Class: 10.7%
                               -----
         (c) Number of shares as to which such person has:

                 (i) sole power to vote or to direct the vote:   7,377
                                                               -------
                 (ii) shared power to vote or to direct the vote:  0
                                                                 -----
                 (iii) sole power to dispose or to direct the disposition of:
                         7,377
                       -------
                 (iv) shared power to dispose or to direct the disposition of:
                         0
                       -----

Item 5.          Ownership of Five Percent or Less of a Class:
                 ---------------------------------------------
               no


Item 6.         Ownership of More than Five Percent on Behalf of Another Person:
                ----------------------------------------------------------------
                Not Applicable


Item 7.          Identification and Classification of the Subsidiary Which
                 ---------------------------------------------------------
                 Acquired the Security Being Reported on By the Parent Holding
                 -------------------------------------------------------------
                 Company:
                 --------



Item 8.          Identification and Classification of Members of the Group:
                 ----------------------------------------------------------
                 Not Applicable


Item 9.          Notice of Dissolution of Group:
                 -------------------------------
                 Not Applicable


Item 10.         Certification:
                 --------------
                 By signing below, I certify that, to the best of my knowledge
                 and belief, the securities referred to above were acquired in
                 the ordinary course of business and were not acquired for the
                 purpose of and do not have the effect of changing or
                 influencing the control of the issuer of such securities and
                 were not acquired in connection with or as a participant in any
                 transaction having such purposes or effect.


                                                                     Page 4 of 5
<PAGE>

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.


Dated: 10th November 2010
       --------------
                                                      /s/   Richard Abraham
                                                      -------------------------
                                                      Name: Richard Abraham




</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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