1 insider bought €554k of shares over the last 90 days, the latest by Saba Capital Management, L.P., filed 23 Oct 2026.
Mexico Equity & Income Fund Inc belongs to the Finance & Banking sector. Filings by its managers are published through SEC (Form 4). In the past year (24 October 2025 to 24 October 2026), 3 filings came from 1 insider.
Not one open-market sale was filed. On the buying side, 1 insider reported 3 purchases totalling €554k. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Biggest ticket of the year: €292k, bought by Saba Capital Management, L.P. and made public on 22 October 2026. Those buying include 1 major shareholder.
The latest purchase is recent: it was published 1 day ago, on 23 October 2026. Typically, a trade is published a median of 1 day after it takes place. Section 16 rules allow two business days to file each Form 4.
For context, the typical company on the same exchange (median of 2,023 companies) published 41 filings over the same period, against 3 filings here. The full history, which starts in 2006, counts 18 purchases against 52 sales.
In the same sector, recent insider purchases at BAWAG Group AG and ASR Nederland N.V. also feature in our signals. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
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The Mexico Equity and Income Fund, Inc. (ticker: MXE) is a U.S.-listed closed-end investment company traded on the NYSE in the United States. It is incorporated in Maryland, with its principal executive office in Cincinnati, Ohio, and is managed by a Mexico-based adviser, Pichardo Asset Management, S.A. de C.V. The fund was incorporated on May 24, 1990 and commenced operations on August 21, 1990, giving it more than three decades of operating history as a specialized Mexico-focused equity vehicle. ([sec.gov](https://www.sec.gov/Archives/edgar/data/863900/000199937125004104/tmeaif-ncsrs.htm))
MXE’s core mandate is to seek long-term capital appreciation and current income, primarily through investments in equity and convertible securities issued by Mexican companies, with additional exposure to debt securities of Mexican issuers. The fund states that it invests at least 80% of assets in these Mexican securities, and its latest semi-annual report showed that roughly 99.3% of net assets were invested in Mexican securities as of January 31, 2025. That makes MXE a highly concentrated country-specific allocation tool rather than a broad emerging-markets product. ([mxefund.com](https://mxefund.com/?utm_source=openai))
From a competitive standpoint, MXE occupies a niche position: it provides publicly traded, actively managed exposure to Mexico through a closed-end structure rather than an ETF or mutual fund. That structure can be attractive for investors seeking specialist country exposure and potentially differentiated portfolio construction, but it also means shares can trade at a premium or discount to NAV. The fund explicitly notes that its shares have historically traded above, at, and below NAV, which is typical for closed-end funds and an important consideration for valuation-sensitive investors. ([mxefund.com](https://mxefund.com/?utm_source=openai))
As a business, MXE is not an operating company with manufacturing, retail, or software products. Its “products” are effectively the listed common shares of the fund and the portfolio management service delivered through its adviser. The fund’s portfolio is centered on Mexican equities and related securities, with a managed approach aimed at balancing capital appreciation and income generation. The semi-annual report for the period ended January 31, 2025 indicates no derivative investments or hedging activity during that period, suggesting a relatively straightforward portfolio implementation. ([sec.gov](https://www.sec.gov/Archives/edgar/data/863900/000199937125004104/tmeaif-ncsrs.htm))
Recent developments are largely fund-level rather than corporate-operating news. MXE published a 2025 semi-annual report, updated portfolio holdings and share repurchase information, and announced a cash dividend in 2025 on its investor website. In addition, recent SEC filings include insider-related Form 3 reporting for a director/10% owner, underscoring ongoing regulatory disclosure activity in the United States. For French-speaking investors in Europe, MXE is best viewed as a specialized U.S.-listed gateway to Mexican equities, with the key risk being concentrated exposure to Mexico’s political, macroeconomic, currency, and market-liquidity conditions. ([mxefund.com](https://mxefund.com/press-releases/?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendationsInsider filings
Over the last 90 days, 3 filings published between 15 October and 23 October 2026: 3 open-market purchases by insiders for €554k. Largest amounts: Saba Capital Management, L.P. (10% Owner), purchases of €554k.
Summary written automatically from public filings, without human review. General information, identical for every reader: it is not investment advice or a recommendation to buy or sell. Investing involves a risk of capital loss. Generated on 24 October 2026 (UTC)