<SEC-DOCUMENT>0001145549-21-008013.txt : 20210222
<SEC-HEADER>0001145549-21-008013.hdr.sgml : 20210222
<ACCEPTANCE-DATETIME>20210222151839
ACCESSION NUMBER:		0001145549-21-008013
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210131
FILED AS OF DATE:		20210222
PERIOD START:           	20210731

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:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06111
		FILM NUMBER:		21659936

	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>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
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      <regName>Mexico Equity &amp; Income Fund Inc</regName>
      <regFileNumber>811-06111</regFileNumber>
      <regCik>0000863900</regCik>
      <regLei>549300Q0OD8MQEFTBY23</regLei>
      <regStreet1>615 E. Michigan St.</regStreet1>
      <regCity>Milwaukee</regCity>
      <regStateConditional regCountry="US" regState="US-WI"/>
      <regZipOrPostalCode>53202</regZipOrPostalCode>
      <regPhone>8777850376</regPhone>
      <seriesName>Mexico Equity and Income Fund</seriesName>
      <seriesLei>549300Q0OD8MQEFTBY23</seriesLei>
      <repPdEnd>2021-07-31</repPdEnd>
      <repPdDate>2021-01-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totAssets>19693024.560000000000</totAssets>
      <totLiabs>175243.100000000000</totLiabs>
      <netAssets>19517781.460000000000</netAssets>
      <assetsAttrMiscSec>0.000000000000</assetsAttrMiscSec>
      <assetsInvested>0.000000000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.000000000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.000000000000</amtPayOneYrCtrldComp>
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      <isNonCashCollateral>N</isNonCashCollateral>
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          <monthlyTotReturn rtn1="17.69" rtn2="6.10" rtn3="-7.29"/>
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      <mon2Flow redemption=".000000000000" reinvestment=".000000000000" sales=".000000000000"/>
      <mon3Flow redemption=".000000000000" reinvestment=".000000000000" sales=".000000000000"/>


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        <name>Fomento Economico Mexicano SAB</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>El Puerto de Liverpool SAB de</name>
        <lei>4469000001BO4JEXZL32</lei>
        <title>El Puerto de Liverpool SAB de CV</title>
        <cusip>P36918137</cusip>
        <identifiers>
          <isin value="MXP369181377"/>
          <ticker value="LIVEPOLC"/>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Grupo Bimbo SAB de CV</name>
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          <isin value="MXP495211262"/>
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        <name>Cemex SAB de CV</name>
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        <name>Morgan Stanley Institutional L</name>
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        <name>Axtel SAB de CV</name>
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      </invstOrSec>
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        <name>Scotiabankinverlat - Scotia Gu</name>
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        <title>Scotiabankinverlat - Scotia Gubernamental SA de CV SIID</title>
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          <isin value="MX51SC3J00O1"/>
          <ticker value="SCOTAGE1"/>
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        <name>Grupo Comercial Chedraui SA de</name>
        <lei>4469000001BRXSV0JO96</lei>
        <title>Grupo Comercial Chedraui SA de CV</title>
        <cusip>P4612W104</cusip>
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          <isin value="MX01CH170002"/>
          <ticker value="CHDRAUIB"/>
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        <balance>283000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>385174.890000000000</valUSD>
        <pctVal>1.9734563111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fibra Uno Administracion SA de</name>
        <lei>N/A</lei>
        <title>Fibra Uno Administracion SA de CV</title>
        <cusip>P3515D163</cusip>
        <identifiers>
          <isin value="MXCFFU000001"/>
          <ticker value="FUNO11"/>
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        <balance>592000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>661050.780000000000</valUSD>
        <pctVal>3.3869155742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Infraestructura Energetica Nov</name>
        <lei>715K4H1JYF3O6JOK1411</lei>
        <title>Infraestructura Energetica Nova SAB de CV</title>
        <cusip>P5R19K107</cusip>
        <identifiers>
          <isin value="MX01IE060002"/>
          <ticker value="IENOVA*"/>
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        <balance>166702.000000000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>608776.610000000000</valUSD>
        <pctVal>3.1190871321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alpek SAB de CV</name>
        <lei>549300PWKJTP62D4IQ66</lei>
        <title>Alpek SAB de CV</title>
        <cusip>P01703100</cusip>
        <identifiers>
          <isin value="MX01AL0C0004"/>
          <ticker value="ALPEKA"/>
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        <balance>1006379.000000000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>867000.980000000000</valUSD>
        <pctVal>4.4421082477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Telesites SAB de CV</name>
        <lei>N/A</lei>
        <title>Telesites SAB de CV</title>
        <cusip>P90355135</cusip>
        <identifiers>
          <isin value="MX01SI080038"/>
          <ticker value="SITESB1"/>
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        <balance>199228.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>200112.420000000000</valUSD>
        <pctVal>1.0252826143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Controladora Vuela Cia de Avia</name>
        <lei>549300G8NLCMP9Z44X52</lei>
        <title>Controladora Vuela Cia de Aviacion SAB de CV</title>
        <cusip>P30987104</cusip>
        <identifiers>
          <isin value="MX01VO000009"/>
          <ticker value="VOLARA"/>
        </identifiers>
        <balance>508000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>572457.190000000000</valUSD>
        <pctVal>2.9330033804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Banco Santander Mexico SA Inst</name>
        <lei>SCRYQ25DTVRHYYMM6P89</lei>
        <title>Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand</title>
        <cusip>P1507S164</cusip>
        <identifiers>
          <isin value="MX41BS060005"/>
          <ticker value="BSMXB"/>
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        <balance>380000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>377237.910000000000</valUSD>
        <pctVal>1.9327909310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GMexico Transportes SAB de CV</name>
        <lei>4469000001BXJ8FN4U73</lei>
        <title>GMexico Transportes SAB de CV</title>
        <cusip>P4R1BE119</cusip>
        <identifiers>
          <isin value="MX01GM1Z0019"/>
          <ticker value="GMXT*"/>
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        <balance>200671.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>288295.090000000000</valUSD>
        <pctVal>1.4770894458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orbia Advance Corp SAB de CV</name>
        <lei>549300MVHZ20SBIOEQ79</lei>
        <title>Orbia Advance Corp SAB de CV</title>
        <cusip>P7S81Y105</cusip>
        <identifiers>
          <isin value="MX01OR010004"/>
          <ticker value="ORBIA*"/>
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        <balance>444382.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>957744.120000000000</valUSD>
        <pctVal>4.9070337321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coca-Cola Femsa SAB de CV</name>
        <lei>5493008KEVFYPMGTXO33</lei>
        <title>Coca-Cola Femsa SAB de CV</title>
        <cusip>P2861Y177</cusip>
        <identifiers>
          <isin value="MX01KO000002"/>
          <ticker value="KOFUBL"/>
        </identifiers>
        <balance>72700.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>315356.070000000000</valUSD>
        <pctVal>1.6157372735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Controladora Nemak SAB de CV</name>
        <lei>N/A</lei>
        <title>Controladora Nemak SAB de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX01NM010000"/>
          <ticker value="NMKA"/>
        </identifiers>
        <balance>4633435.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>603506.100000000000</valUSD>
        <pctVal>3.0920834995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PINFRA</name>
        <lei>52990035X6RK8DBUWA73</lei>
        <title>Promotora y Operadora de Infraestructura SAB de CV</title>
        <cusip>P7925L111</cusip>
        <identifiers>
          <isin value="MX01PI000013"/>
          <ticker value="PINFRAL"/>
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        <balance>35271.000000000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>171193.140000000000</valUSD>
        <pctVal>0.8771137250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wal-Mart de Mexico SAB de CV</name>
        <lei>N/A</lei>
        <title>Wal-Mart de Mexico SAB de CV</title>
        <cusip>P98180188</cusip>
        <identifiers>
          <isin value="MX01WA000038"/>
          <ticker value="WALMEX*"/>
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        <balance>470084.000000000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="20.499000000000"/>
        <valUSD>1338084.850000000000</valUSD>
        <pctVal>6.8557220642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-02-19</ncom:dateSigned>
      <ncom:nameOfApplicant>Mexico Equity &amp; Income Fund Inc</ncom:nameOfApplicant>
      <ncom:signature>/s/ Maria Eugenia Pichardo</ncom:signature>
      <ncom:signerName>Maria Eugenia Pichardo</ncom:signerName>
      <ncom:title>President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
