<SEC-DOCUMENT>0001145549-23-017005.txt : 20230320
<SEC-HEADER>0001145549-23-017005.hdr.sgml : 20230320
<ACCEPTANCE-DATETIME>20230320140729
ACCESSION NUMBER:		0001145549-23-017005
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230131
FILED AS OF DATE:		20230320
DATE AS OF CHANGE:		20230320
PERIOD START:           	20230731

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:		23745868

	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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          <ccc>XXXXXXXX</ccc>
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    <genInfo>
      <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>2023-07-31</repPdEnd>
      <repPdDate>2023-01-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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      <totAssets>59418504.130000000000</totAssets>
      <totLiabs>198013.220000000000</totLiabs>
      <netAssets>59220490.910000000000</netAssets>
      <assetsAttrMiscSec>0.000000000000</assetsAttrMiscSec>
      <assetsInvested>0.000000000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.000000000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.000000000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.000000000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.000000000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.000000000000</amtPayAftOneYrBanksBorr>
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      <isNonCashCollateral>N</isNonCashCollateral>
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        <monthlyTotReturns>
          <monthlyTotReturn rtn1="10.88" rtn2="-4.25" rtn3="14.35"/>
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        <othMon1 netRealizedGain="43397.340000000000" netUnrealizedAppr="3323640.750000000000"/>
        <othMon2 netRealizedGain="224891.040000000000" netUnrealizedAppr="-2735125.920000000000"/>
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        <name>CFE Capital S de RL de CV</name>
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        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Controladora Vuela Cia de Avia</name>
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        <title>Controladora Vuela Cia de Aviacion SAB de CV</title>
        <cusip>P30987104</cusip>
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          <isin value="MX01VO000009"/>
          <ticker value="VOLARA"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Grupo Traxion SAB de CV</name>
        <lei>4469000001BS6B603745</lei>
        <title>Grupo Traxion SAB de CV</title>
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          <isin value="MX01TR0H0006"/>
          <ticker value="TRAXIONA"/>
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        <name>Regional SAB de CV</name>
        <lei>N/A</lei>
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          <isin value="MX01R0000006"/>
          <ticker value="RA"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prologis Property Mexico SA de</name>
        <lei>N/A</lei>
        <title>Prologis Property Mexico SA de CV</title>
        <cusip>N/A</cusip>
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          <isin value="MXCFFI170008"/>
          <ticker value="FIBRAPL"/>
        </identifiers>
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        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
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        <name>Sitios Latinoamerica SAB de CV</name>
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        <name>Wal-Mart de Mexico SAB de CV</name>
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        <name>Nemak SAB de CV</name>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rose Hill Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Rose Hill Acquisition Corp</title>
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        <identifiers>
          <isin value="KYG7637J1159"/>
          <ticker value="ROSEU"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Grupe SAB de CV</name>
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        <name>Fomento Economico Mexicano SAB</name>
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        <name>El Puerto de Liverpool SAB de</name>
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        <name>Grupo Bimbo SAB de CV</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cemex SAB de CV</name>
        <lei>549300RIG2CXWN6IV731</lei>
        <title>Cemex SAB de CV</title>
        <cusip>P2253T133</cusip>
        <identifiers>
          <isin value="MXP225611567"/>
          <ticker value="CEMEXCPO"/>
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        <balance>2029096.000000000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>1081868.450000000000</valUSD>
        <pctVal>1.8268481625</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>Grupo Financiero Banorte SAB d</name>
        <lei>N/A</lei>
        <title>Grupo Financiero Banorte SAB de CV</title>
        <cusip>P49501201</cusip>
        <identifiers>
          <isin value="MXP370711014"/>
          <ticker value="GFNORTEO"/>
        </identifiers>
        <balance>580941.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>4818628.010000000000</valUSD>
        <pctVal>8.1367579633</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>Alsea SAB de CV</name>
        <lei>4469000001BJLPKNUN21</lei>
        <title>Alsea SAB de CV</title>
        <cusip>P0212A104</cusip>
        <identifiers>
          <isin value="MXP001391012"/>
          <ticker value="ALSEA*"/>
        </identifiers>
        <balance>266074.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>634010.800000000000</valUSD>
        <pctVal>1.0705936244</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>Grupo Aeroportuario del Surest</name>
        <lei>5299001W7JIDXCUOUC82</lei>
        <title>Grupo Aeroportuario del Sureste SAB de CV</title>
        <cusip>P4950Y100</cusip>
        <identifiers>
          <isin value="MXP001661018"/>
          <ticker value="ASURB"/>
        </identifiers>
        <balance>47480.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>1289591.140000000000</valUSD>
        <pctVal>2.1776096756</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>Grupo Mexico SAB de CV</name>
        <lei>529900JWLZAYET2ZGW20</lei>
        <title>Grupo Mexico SAB de CV</title>
        <cusip>P49538112</cusip>
        <identifiers>
          <isin value="MXP370841019"/>
          <ticker value="GMEXICOB"/>
        </identifiers>
        <balance>232181.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>1032518.360000000000</valUSD>
        <pctVal>1.7435153680</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>America Movil SAB de CV</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>America Movil SAB de CV</title>
        <cusip>P0280A101</cusip>
        <identifiers>
          <isin value="MXP001691213"/>
          <ticker value="AMXL"/>
        </identifiers>
        <balance>5409694.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>5653741.430000000000</valUSD>
        <pctVal>9.5469344194</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>Arca Continental SAB de CV</name>
        <lei>254900U2BSJCQHJCXN24</lei>
        <title>Arca Continental SAB de CV</title>
        <cusip>P0448R103</cusip>
        <identifiers>
          <isin value="MX01AC100006"/>
          <ticker value="AC*"/>
        </identifiers>
        <balance>284330.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>2511640.810000000000</valUSD>
        <pctVal>4.2411685067</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>GCC SAB de CV</name>
        <lei>254900WY9XL8033CKX68</lei>
        <title>GCC SAB de CV</title>
        <cusip>P4948S124</cusip>
        <identifiers>
          <isin value="MX01GC2M0006"/>
          <ticker value="GCC*"/>
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        <balance>164864.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>1322641.700000000000</valUSD>
        <pctVal>2.2334190070</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>MSILF Government Portfolio</name>
        <lei>549300BI6Y5SI6BYPB26</lei>
        <title>MSILF Government Portfolio</title>
        <cusip>61747C707</cusip>
        <identifiers>
          <isin value="US61747C7074"/>
          <ticker value="MVRXX"/>
        </identifiers>
        <balance>500358.170000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>500358.170000000000</valUSD>
        <pctVal>0.8449071636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HSBC DISCOVERY MEXICO</name>
        <lei>N/A</lei>
        <title>HSBC DISCOVERY MEXICO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="ADM122319"/>
        </identifiers>
        <balance>300000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>1942810.790000000000</valUSD>
        <pctVal>3.2806394546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Aeroportuario del Pacifi</name>
        <lei>4469000001BZ368XFI90</lei>
        <title>Grupo Aeroportuario del Pacifico SAB de CV</title>
        <cusip>P4959P100</cusip>
        <identifiers>
          <isin value="MX01GA000004"/>
          <ticker value="GAPB"/>
        </identifiers>
        <balance>67400.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>1163594.490000000000</valUSD>
        <pctVal>1.9648511387</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>Grupo Aeroportuario del Centro</name>
        <lei>529900HUSBARAFSXJ605</lei>
        <title>Grupo Aeroportuario del Centro Norte SAB de CV</title>
        <cusip>P49530101</cusip>
        <identifiers>
          <isin value="MX01OM000018"/>
          <ticker value="OMAB"/>
        </identifiers>
        <balance>73800.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>672961.310000000000</valUSD>
        <pctVal>1.1363656391</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>Scotiabankinverlat - Scotia Gu</name>
        <lei>N/A</lei>
        <title>Scotiabankinverlat - Scotia Gubernamental SA de CV SIID</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX51SC3J00O1"/>
          <ticker value="SCOTAGE1"/>
        </identifiers>
        <balance>255784.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>59741.840000000000</valUSD>
        <pctVal>0.1008803525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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"/>
        </identifiers>
        <balance>1795944.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>2842151.360000000000</valUSD>
        <pctVal>4.7992701788</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>TF Administradora Industrial S</name>
        <lei>N/A</lei>
        <title>TF Administradora Industrial S de RL de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFTE0B0005"/>
          <ticker value="TERRA13"/>
        </identifiers>
        <balance>1000000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>1697777.540000000000</valUSD>
        <pctVal>2.8668751540</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>N/A</cusip>
        <identifiers>
          <isin value="MX01GM1Z0019"/>
          <ticker value="GMXT*"/>
        </identifiers>
        <balance>778173.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>1686065.610000000000</valUSD>
        <pctVal>2.8470983339</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>Gentera SAB de CV</name>
        <lei>N/A</lei>
        <title>Gentera SAB de CV</title>
        <cusip>P4831V101</cusip>
        <identifiers>
          <isin value="MX01GE0E0004"/>
          <ticker value="GENTERA*"/>
        </identifiers>
        <balance>1046525.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.830500000000"/>
        <valUSD>1278249.380000000000</valUSD>
        <pctVal>2.1584579262</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>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2023-03-03</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>
