Wolverine Asset Management LLC Purchases 14,773 Shares of Mexico Equity & Income Fund Inc. (NYSE:MXE)

Wolverine Asset Management LLC grew its position in shares of Mexico Equity & Income Fund Inc. (NYSE:MXE) by 513.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 17,651 shares of the investment management company’s stock after acquiring an additional 14,773 shares during the quarter. Wolverine Asset Management LLC owned about 0.40% of Mexico Equity & Income Fund worth $142,000 at the end of the most recent reporting period.

Mexico Equity & Income Fund Trading Down 1.0 %

NYSE MXE opened at $8.83 on Tuesday. The stock has a 50 day moving average price of $8.43 and a 200-day moving average price of $8.75. Mexico Equity & Income Fund Inc. has a one year low of $7.96 and a one year high of $11.63.

Mexico Equity & Income Fund Cuts Dividend

The business also recently declared an annual dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.2981 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a yield of 3.5%.

Mexico Equity & Income Fund Profile

Mexico Equity & Income Fund Inc is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, SA de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors.