[SCHEDULE 13G/A] The Mexico Equity and Income Fund, Inc. SEC Filing
Rhea-AI Filing Summary
CSS LLC/IL reported beneficial ownership of 394,860 shares of Mexico Equity & Income Fund Inc. That stake represents 8.97% of the outstanding common stock and CSS LLC/IL reports sole voting and dispositive power over those shares. The filing is a Schedule 13G amendment and includes the filer’s address in Chicago and the issuer’s transfer agent/administrator address in Milwaukee. The filing states the holdings were not acquired to change or influence control of the issuer and indicates no group affiliation or subsidiaries in this report.
Positive
- Transparent disclosure of a substantial 8.97% beneficial ownership position in MXE
- Sole voting and dispositive power reported for the entire 394,860-share stake
- Certification that the shares were not acquired to influence or change control
Negative
- None.
Insights
TL;DR: A disclosed 8.97% stake signals notable passive ownership but the filer disclaims intent to influence control.
CSS LLC/IL holds 394,860 shares, representing 8.97% of Mexico Equity & Income Fund Inc common stock, with sole voting and dispositive power reported. As a Schedule 13G amendment, this filing communicates ownership levels under passive-investor rules rather than active acquisition intent. For investors, the key datapoints are the percentage ownership and the filer’s explicit certification that the position is not intended to affect control. No additional transaction details, purchase dates, or group affiliations are provided in the filing.
TL;DR: Ownership near 9% is material for disclosure; the filer’s certification indicates no control intent under Rule 13d-1.
The amendment documents sole voting and dispositive authority over 394,860 shares (8.97%). Item 10 certification states the shares were not acquired to change or influence control. The filing lists no group members, subsidiaries, or special arrangements. From a governance perspective, this is a transparent disclosure of a substantial passive stake without accompanying governance actions or nominations disclosed.