Mexico Equity & Income Fund Files Annual Proxy Statement

TL;DR

MEIF filed its DEF 14A. Annual meeting info inside.

AI Summary

Mexico Equity & Income Fund, Inc. filed a Definitive Proxy Statement (DEF 14A) on November 8, 2024. The filing concerns the annual meeting of shareholders. The company, formerly known as Mexico Convertible Advantage Fund Inc. and Mexico Advantage Fund Inc., is incorporated in Maryland and has a fiscal year end of July 31.

Why It Matters

This filing provides shareholders with essential information regarding the company's governance and upcoming decisions, allowing them to make informed voting choices.

Risk Assessment

Risk Level: low — This is a routine annual filing for a public company, not indicating any immediate financial distress or significant operational changes.

Key Numbers

• 0731 — Fiscal Year End (Indicates the end of the company's financial reporting period.)

Key Players & Entities

• MEXICO EQUITY & INCOME FUND INC (company) — Registrant
• U.S. BANCORP FUND SERVICES, LLC (company) — Business and Mail Address Provider
• MEXICO CONVERTIBLE ADVANTAGE FUND INC (company) — Former Company Name
• MEXICO ADVANTAGE FUND INC (company) — Former Company Name

FAQ

Key Financial Figures

• $30,000 — any affiliate thereof an annual fee of $30,000 plus $500 for each special telephonic m
• $500 — e thereof an annual fee of $30,000 plus $500 for each special telephonic meeting att
• $3,750 — , the Chairman of the Fund will receive $3,750, the Audit Committee Chairman and Valua
• $2,250 — luation Committee Chairman will receive $2,250, and the Nomination Committee Chairman
• $1,500 — ination Committee Chairman will receive $1,500. Each Director is entitled to receive s
• $33,750 — Goldstein Independent Director 2000 $33,750 None None $33,750 Glenn Goodstein
• $31,500 — Goodstein Independent Director 2001 $31,500 None None $31,500 Rajeev Das Indep
• $34,500 — Rajeev Das Independent Director 2001 $34,500 None None $34,500 Richard Abraham

Filing Documents

• mxe_def14a.htm (DEF 14A) — 177KB
• image0.jpg (GRAPHIC) — 28KB
• image00001.jpg (GRAPHIC) — 144KB
• image00003.jpg (GRAPHIC) — 63KB
• image00004.jpg (GRAPHIC) — 62KB
• image00005.jpg (GRAPHIC) — 116KB
• image00006.jpg (GRAPHIC) — 61KB
• 0000894189-24-006647.txt ( ) — 833KB

From the Filing

DEF 14A 1 mxe_def14a.htm DEFINITIVE PROXY STATEMENT SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant [X] Filed by a Party other than the Registrant [ ] Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [X] Definitive Proxy Statement [ ] Definitive Additional Materials [ ] Soliciting Material Pursuant to Section 240.14a-11(c) or Section 240.14a-12 THE MEXICO EQUITY AND INCOME FUND, INC. (Name of Registrant as Specified in Its Charter) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by the registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: THE MEXICO EQUITY AND INCOME FUND, INC. 615 East Michigan Street, 4th Floor Milwaukee, Wisconsin 53202 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD DECEMBER 12, 2024 Important Notice regarding the Availability of Proxy Materials for the Annual Meeting of Stockholders to Be Held on December 12, 2024: The Notice of Annual Meeting of Stockholders and Proxy Statement are Available on the Internet at www.mxefund.com . To the Stockholders: NOTICE IS HEREBY GIVEN that the Annual Meeting (the "Meeting") of holders of shares of the common stock (the "Stockholders") of The Mexico Equity and Income Fund, Inc., a Maryland corporation (the "Fund"), will be held on December 12, 2024 at 11:00 a.m., Eastern time, at the offices of U.S. Bancorp Fund Services, LLC (d/b/a U.S. Bank Global Fund Services), 777 E. Wisconsin Ave, Floor 6. Milwaukee, WI, 53202, or any adjournment or postponement thereof, for the following purposes: 1. To elect one Class II Director to the Fund's Board of Directors (Proposal 1); and 2. To consider and vote upon such other matters as may properly come before the Meeting or any adjournment thereof. The Board of Directors has fixed the close of business on October 28, 2024 as the record date for the determination of Stockholders entitled to notice of, and to vote at, this Meeting or any adjournment or postponement thereof. The stock transfer books will not be closed. Copies of the Fund's most recent annual and semi-annual reports may be ordered free of charge by any Stockholder by writing to the Fund c/o U.S. Bancorp Fund Services, LLC, 615 East Michigan Street, 4th Floor, Milwaukee, Wisconsin 53202, or by telephone at (800) 937-5449. The Fund's most recent annual report was mailed to Stockholders on September 29, 2024. You are entitled to vote at the Meeting and any adjournment or postponement thereof if you owned shares of the Fund's common stock at the close of business on October 28, 2024. If you attend the Meeting, you may vote your shares in person. Whether or not you expect to attend the Meeting, please complete, date, sign and return the enclosed proxy card in the enclosed postage paid envelope so that a quorum will be present and the maximum number of shares may be voted. You may change your vote at any time by submitting a later-dated proxy or by voting in person at the Meeting. Stockholders that plan on attending the Meeting in person are requested to email U.S. Bank Global Fund Services at MXEfundadmin@usbank.com by December 4, 2024 so we may accommodate all who plan on attending. By Order of the Board of Directors, Luis Calzada Dated: November 15, 2024 Secretary UNLESS YOU EXPECT TO BE PRESENT AT THE MEETING, PLEASE FILL IN, DATE, SIGN AND MAIL THE ENCLOSED PROXY CARD IN THE ENCLOSED REPLY ENVELOPE. YOUR PROMPT RESPONSE WILL ASSURE A QUORUM AT THE MEETING. 1 INSTRUCTIONS FOR SIGNING PROXY CARDS The following general rules for signing proxy cards may be of assistance to you and avoid the time and expense to the Fund involved in validating your vote if you fail to sign your proxy card properly. 1. Individual Accounts: Sign your name exactly as it appears in the registration on the proxy card. 2. Joint Accounts: Either party may sign, but the name of t

View Full Filing

View this DEF 14A filing on SEC EDGAR