Controladora Vuela Compania de Aviacion, S.A.B. de C.V. - Series A
797,900
1,279,752
Airports - 1.04%
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. - Series B
72,100
505,953
Auto Parts and Equipment - 2.18%
Nemak, S.A.B. de C.V.
4,873,494
1,057,976
Beverages - 4.87%
Fomento Economico Mexicano, S.A.B. de C.V. - Series UBD
314,924
2,367,968
Building Materials - 7.63%
Cemex, S.A.B. de C.V. - ADR (a)
107,000
470,800
Cemex, S.A.B. de C.V. - Series CPO (a)
4,108,460
1,807,952
Grupo Cementos de Chihuahua, S.A.B. de C.V.
216,100
1,429,300
3,708,052
Chemical Products - 10.08%
Alpek, S.A.B. de C.V. - Series A Orbia Advance Corp., S.A.B. de C.V.
Construction and Infrastructure - 4.28%
2,756,342
3,721,227
488,071
1,174,346
4,895,573
Promotora y Operadora de Infraestructura, S.A.B. de C.V.
285,530
2,081,466
Financial Groups - 9.37%
Banco del Bajio, S.A.
225,700
557,323
Grupo Financiero Banorte, S.A.B. de C.V. - Series O
471,353
3,111,556
Regional, S.A.B. de C.V.
146,681
885,053
4,553,932
Food - 5.67%
Gruma, S.A.B. de C.V. - Series B Grupo Bimbo, S.A.B. de C.V. - Series A
Holding Companies - 2.42%
103,000
1,223,442
497,634
1,533,883
2,757,325
Alfa, S.A.B. de C.V. - Series A
1,752,787
1,174,165
Hotels, Restaurants, and Recreation - 3.02%
Alsea, S.A.B. de C.V.
Grupe, S.A.B. de C.V. (a)(b)(c)(d)
484,074
1,061,065
303,242
407,166
1,468,231
Mining - 3.48%
Grupo Mexico, S.A.B. de C.V. - Series B
361,593
1,692,567
Publishing and Broadcasting - 0.97%
Grupo Televisa, S.A.B. de C.V. - Series CPO
252,381
468,488
Real Estate Services - 2.29%
Corporacion Inmobiliaria Vesta, S.A.B. de C.V.
599,634
1,111,026
Retail - 13.52%
El Puerto de Liverpool, S.A.B. de C.V. - Series C - 1
344,500
1,736,807
Grupo Comercial Chedraui, S.A. de C.V.
265,220
668,557
La Comer, S.A.B. de C.V. - Series UBC
512,300
949,713
Wal-Mart de Mexico, S.A.B. de C.V.
909,290
3,215,366
6,570,443
Telecommunication - 8.45%
America Movil, S.A.B. de C.V. - Series L Axtel, S.A.B. de C.V. - Series CPO (a)
TOTAL COMMON STOCKS (Cost $36,517,899)
3,906,4233,801,806
2,842,500305,054
4,106,860
39,799,777
CAPITAL DEVELOPMENT CERTIFICATES - 6.48%
Atlas Discovery Trust II (b)(c)(d)
300,000
3,147,261
TOTAL CAPITAL DEVELOPMENT CERTIFICATES (Cost $1,460,703)
3,147,261
REAL ESTATE INVESTMENT TRUSTS - 4.21%
CFE Capital, S. de R.L. de C.V.
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $2,131,709) TOTAL MEXICO (Cost $40,110,311)
UNITED STATES - 4.09%
1,623,3002,048,366
2,048,366
44,995,404
SharesValue
COMMON STOCKS - 3.96%
Building Materials - 3.96%
Southern Copper Corp.
30,900
1,922,455
TOTAL COMMON STOCKS (Cost $2,160,687)
1,922,455
INVESTMENT COMPANIES - 0.13%
Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class - 0.298% (e)
63,763
63,763
TOTAL INVESTMENT COMPANIES (Cost $63,763)
63,763
TOTAL UNITED STATES (Cost $2,224,450)
1,986,218
LUXEMBOURG - 2.80%
Shares
Value
COMMON STOCKS - 2.80%
Steel - 2.80%
Ternium SA - ADR (a)
TOTAL COMMON STOCKS (Cost $1,353,998)
TOTAL LUXEMBOURG (Cost $1,353,998)
CAYMAN ISLANDS - 0.21%
31,7001,359,930
1,359,930
1,359,930
SharesValue
COMMON STOCKS - 0.21%
Holding Companies - 0.21%
Rose Hill Acquisition Corp. (a)
TOTAL COMMON STOCKS (Cost $100,710)
TOTAL CAYMAN ISLANDS (Cost $100,710)
Total Investments (Cost $43,789,469) - 99.69%
Other Assets in Excess of Liabilities - 0.31%
TOTAL NET ASSETS - 100.00%
10,001102,110
102,110
102,110
48,443,662
150,909
$ 48,594,571
Percentages are stated as a percent of net assets.
Non-incomeproducing security.
Illiquid securities. The total market value of these securities were $3,554,427, representing 7.31% of net assets.
Fair valued securities. The total market value of these securities were $3,554,427, representing 7.31% of net assets.
Value determined using significant unobservable inputs.
The rate shown represents the 7-day yield at April 30, 2022.
ADR American Depository Receipt
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The Mexico Equity and Income Fund Inc. published this content on 06 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2022 17:53:05 UTC.
The Mexico Equity and Income Fund, Inc. (the Fund) is a closed-end, non-diversified management investment company. The Fundâs investment objective is to seek high total return through capital appreciation and current income. The Fund invests at least 80% of its assets in equity and convertible securities issued by Mexican companies and debt securities of Mexican issuers. It invests in equity securities, convertible securities and debt securities and may also invest in other securities, such as capital development certificates, real estate investment trusts, mutual funds, exchange traded funds, preferred stocks, rights, and warrants. It may, without limitation, hold cash or invest in assets in money market instruments, including United States and non-United States government securities, high grade commercial paper and certificates of deposit and bankerâs acceptances issued by Unites States and non-United States banks. Pichardo Asset Management, S.A. de C.V. is its investment advisor.