The principal executive offices of the Fund are located at:
The Mexico Equity and Income Fund, Inc.
c/o U.S. Bancorp Funds Services, LLC
615 East Michigan St
Milwaukee, WI 53202
This statement is being filed by City of London Investment Group PLC (“CLIG”) and City of London Investment Management Company Limited (“CLIM,” and together with CLIG, the “Reporting Persons”).
The principal business of CLIG is serving as the parent holding company for the City of London group of companies, including CLIM.
CLIM is primarily an emerging markets fund manager, which specializes in investing in closed-end investment companies and is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. CLIM is controlled by CLIG. CLIM is principally engaged in the business of providing investment advisory services to various public and private investment funds, including Emerging (BMI) Markets Country Fund (“BMI”), a private investment fund organized as a Delaware business trust, Emerging Markets Free Fund (“CF”), a private investment fund organized as a Delaware business trust, Emerging Markets Global Fund (“CG”), a private investment fund organized as a Delaware business trust, Emerging Markets Investable Fund (“CI”), a private investment fund organized as a Delaware business trust, Global Emerging Markets Fund (“EUREKA”), a private investment fund organized as a Delaware business trust, The Emerging World Fund (“EWF”), a Dublin, Ireland-listed open-ended investment company, Emerging Free Markets Country Fund (“FREE”), a private investment fund organized as a Delaware business trust, Emerging Markets Country Fund (“GBL”), a private investment fund organized as a Delaware business trust, Investable Emerging Markets Country Fund (“INV”), a private investment fund organized as a Delaware business trust, The EM Plus CEF Fund (“PLUS”), a private investment fund organized as a Delaware business trust, and unaffiliated third-party segregated accounts over which CLIM exercises discretionary voting and investment authority (the “Segregated Accounts”).
BMI, CF, CG, CI, EUREKA, EWF, FREE, GBL, INV and PLUS are collectively referred to herein as the “City of London Funds.”
The Shares to which this Schedule 13G relates were owned directly by the City of London Funds and the Segregated Accounts.
| CUSIP No. 592834105 | 13G | Page 6 of 7 Pages |
For CLIG and CLIM:
(a) Amount beneficially owned:
(b) Percent of class:
0.0%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of: 0
| Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.
Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
CLIG, as the parent holding company of CLIM, and CLIM, as investment advisers to the Funds, had the power to direct the dividends from, or the proceeds of the sale of the shares owned by the Funds. Each of the Funds owned less than 5% of the shares.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. |
CLIG is the parent holding company of CLIM. See also Item 3.
| Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
| Item 9. | Notice of Dissolution of Group. |
Not applicable.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
| CUSIP No. 592834105 | 13G | Page 7 of 7 Pages |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
The reporting persons agree that this statement is filed on behalf of each of them.
Dated: February 21, 2020
| | CITY OF LONDON INVESTMENT GROUP PLC | |
| | | | |
| By: | /s/ Thomas W. Griffith | |
| | | Name: Thomas W. Griffith | |
| | | Title: Director | |
| | | | |
| | CITY OF LONDON INVESTMENT MANAGEMENT COMPANY LIMITED | |
| | | | |
| By: | /s/ Thomas W. Griffith | |
| | | Name: Thomas W. Griffith | |
| | | Title: Director | |
| | | | |
