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Article: The Mexico Equity and Income Fund Announces Earnings for the Three Months Ended Oct. 31, 1997.
- Article from:
- Business Wire
- Article date:
- November 19, 1997
CopyrightCOPYRIGHT 1997 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK--(BUSINESS WIRE)--Nov. 19, 1997--The Mexico Equity and Income Fund Inc., a closed-end management investment company that seeks high total return through capital appreciation and current income by investing primarily in equity and convertible debt securities issued by Mexican companies and debt securities of Mexican issuers, today announced unaudited results for the three months ended Oct. 31, 1997.
The Fund commenced investment operations on Aug. 21, 1990.
As of Oct. 31, 1997, total net assets of the Fund were $181,851,891 and the NAV per share was $15.38, based on 11,825,273 shares outstanding. The Fund's common stock closed at $12.50 per ...