Management

Board of Directors
Our business and affairs are managed under the direction of our Board of Directors. The Board currently consists of six members, five of whom are not "interested persons" as that term is defined in Section 2(a)(19) of the 1940 Act. We refer to these individuals as our independent directors.

The Directors are fiduciaries for the Fund's shareholders and are governed by the laws of the State of Maryland in this regard. The Board establishes policies for the operation of the Fund and appoints the officers who conduct the daily business of the Fund. Please note that there is only one fund in the complex that is overseen by the Directors. The officers of the Fund, except for Mr. Hellerman, are employees of our investment adviser.

The principal occupations of the Fund’s Directors are set forth in the following table.

Directors' and Officers' Biographical Data (as of May 2016)

Independent Directors

Name and Date of Birth

Positions Held with the Fund

Term of Office / Length of Time Served

Principal Occupation(s) During Past 5 Years

Other Directorships Held by Directors

Phillip Goldstein (1945)

Chairman

Since 2014 / 16 years

Since its inception in 2009, Mr. Goldstein has been a member of Bulldog Investors, LLC, the investment advisor of Special Opportunities Fund, Inc. and the Bulldog Investors group of funds. He also is a member of Kimball & Winthrop, LLC, the managing general partner of Bulldog Investors General Partnership, since 2012. From 1992-2012, Mr. Goldstein was a member of the general partners of several private funds in the Bulldog Investors group of funds and in 2012 became a member of Bulldog Holdings, LLC which became the sole owner of such general partners.

Chairman, Emergent Capital Inc. (f/k/a Imperial Holdings, Inc.); Director, MVC Capital, Inc.; Chairman, Special Opportunities Fund, Inc.; Chairman, Brantley Capital Corporation (until 2013); Director ASA Ltd. (until 2013); Director, Korea Equity and Income Fund, Inc. (until 2012).

Glenn Goodstein (1963)

Director

Since 2013 / 15 years

Registered Investment Advisor; held numerous executive positions with Automatic Data Processing until 1996.

None

Richard Abraham (1955)

Director

Since 2015

Since 1998, Mr.
 Abraham has been
 self employed as a
 securities trader.

None

Rajeev Das (1968)

Director

Since 2012 / 15 years

Since 2004, Mr. Das has been a Principal of the entities serving as the general partner of the private investment partnerships in the Bulldog Investors group of investment funds. Head Trader of Bulldog Investors, LLC, the investment advisor to the Special Opportunities Fund, Inc., since its inception in 2009. Treasurer of Special Opportunities Fund, Inc. from 2009 - 2014.

None

 

Interested Directors

Name and Date of Birth

Positions Held with the Fund

Term of Office / Length of Time Served

Principal Occupation(s) During Past 5 Years

Other Directorships Held by Director

Maria Eugenia Pichardo (1950)

Interested Director, President

Since 2014 / 6 years
Indefinite / 12 years

Portfolio Manager of the Fund since the Fund's Inception; President and General Partner, Pichardo Asset Management, S.A. de C.V. since 2003; Managing Director, Acciones y Valores de Mexico, S.A. de C.V. from 1979 to 2002.

None

Gerald Hellerman (1937) *

Director, Chief Compliance Officer

Since 2013 / 15 years

Managing Director of Hellerman Associates (a financial and corporate consulting firm) since 1993 (which terminated activities as of December 31, 2013).

Director, Crossroads Capital, Inc. (f/k/a BDCA Venture, Inc.); Director, Emergent Capital, Inc. (f/k/a Imperial Holdings, Inc.); Director, Ironsides Partners Opportunity Offshore Fund Ltd.; Director, MVC Capital, Inc.; Director, Special Opportunities Fund, Inc.

* Mr Hellerman is only deemed an interested director because he is an executive officer.

Officers of the Fund are:

Name and Date of Birth

Positions Held with the Fund

Term of Office / Length of Time Served

Principal Occupation(s) During Past 5 Years

Other Directorships Held by Officer

Maria Eugenia Pichardo (1950)

Interested Director, President

Since 2014 / 6 years
Indefinite / 12 years

Portfolio Manager of the Fund since the Fund's Inception; President and General Partner, Pichardo Asset Management, S.A. de C.V. since 2003; Managing Director, Acciones y Valores de Mexico, S.A. de C.V. from 1979 to 2002.

None

Gerald Hellerman (1937) *

Director, Chief Compliance Officer

Since 2013 / 15 years

Managing Director of Hellerman Associates (a financial and corporate consulting firm) since 1993 (which terminated activities as of December 31, 2013).

Director, Crossroads Capital, Inc. (f/k/a BDCA Venture, Inc.); Director, Emergent Capital, Inc. (f/k/a Imperial Holdings, Inc.); Director, Ironsides Partners Opportunity Offshore Fund Ltd.; Director, MVC Capital, Inc.; Director, Special Opportunities Fund, Inc.

Luis Calzada (1965)

Secretary

Indefinite / 5 years

Administrative and Compliance Director, Pichardo Asset Management, S.A. de C. V.

None

Anulfo Rodriguez (1962)

Chief Financial Officer

Since 2016

Research Vice President, Acctones y Valores Banemex, from July 2011 to January 2016; Debt Strategy Director, Pichardo Asset Management, S.A. de C.V. from January 2016 to present.

None

 

Fund Address and Principal Executive Office
The Mexico Equity and Income Fund Inc.
615 East Michigan Street Milwaukee WI 53202

Investment Adviser
The Fund's investment advisor (the "Investment Adviser") is Pichardo Asset Management; S.A. de C. V a corporation organized under the laws of Mexico and a registered as an investment adviser under the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act"). The Investment Adviser's principal office is located at Paseo de Tamarindos 45-201, Bosques de las Lomas, Mexico. Maria Eugenia Pichardo is the President and Chief Executive Officer of the Investment Adviser, Ms, Pichardo owns 99% of the total outstanding shares of common stock of the Investment Adviser and has acted as the Fund's portfolio manager since the Fund's inception.

Administrator
U.S. Bancorp Fund Services LLC serves as our administrator. U.S. Bancorp provides us with, but is not limited to the following types of services, general fund management, compliance oversight, financial reporting oversight and tax reporting.

Custodian
Our portfolio securities are held under a custody agreement by U.S. Bank, N.A. The address of the custodian is U.S. Bank, N.A, 1555 N Rivercenter Dr. Suite 302 Milwaukee, WI 53212. Our assets are held under bank custodianship in compliance with the 1940 Act.

Transfer and Dividend paying Agent and Registrar
U.S. Bancorp Fund Services, LLC acts as our transfer agent, dividend paying agent and registrar. The principal business address of the transfer agent is 615 East Michigan St., Milwaukee, WI 53202.