Mexico Equity & Income Fund Inc. announced earnings results for the fiscal year ended July 31, 2012. For the year, the fund had an increase in net assets resulting from operations of $2,482,242. The increase was comprised of realized and unrealized gains of $2,823,352 and a net investment loss of $341,110.

The net asset value of the common and preferred stock was $13.78 per share, based on 6,309,922 and 57,639 shares outstanding, respectively.