XAI Madison Equity Premium Income Fund (MCN)

NYSE: MCN · Real-Time Price · USD
5.83
-0.01 (-0.26%)
Apr 7, 2026, 4:00 PM EDT - Market closed
Market Value123.00M
Revenue (ttm)3.75M -15.0%
Net Income10.88M +85.8%
EPS0.52 +85.8%
Shares Out 21.12M
PE Ratio11.30
Forward PEn/a
Dividend$0.72 (12.36%)
Ex-Dividend DateApr 15, 2026
Volume42,453
Open5.81
Previous Close5.84
Day's Range5.79 - 5.84
52-Week Range5.16 - 6.39
Beta0.73
Analystsn/a
Price Targetn/a
Earnings Daten/a

About MCN

XAI Madison Equity Premium Income Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth (GARP) stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking a... [Read more]

Founded 2004
Country United States
Stock Exchange NYSE
Ticker Symbol MCN
Full Company Profile

Financial Performance

In 2024, MCN's revenue was $4.31 million, an increase of 4.19% compared to the previous year's $4.14 million. Earnings were $5.29 million, a decrease of -65.40%.

Financial Statements

News

XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share

CHICAGO, April 01, 2026 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund”) has declared its regular monthly distribution of $0.060 per share on the Fund's common shares (NYSE: MCN...

6 days ago - GlobeNewsWire

XA Investments Appoints Lauren Michalak as Managing Director and Head of Product Development & Strategy

CHICAGO, March 26, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC (XAI), a Chicago-based alternative investment management and consulting firm, announced that Lauren Michalak has joined the firm as a man...

Other symbols: XFLT
12 days ago - GlobeNewsWire

Tom McCabe Joins XA Investments as Director of Regional Sales

Supporting Distribution Growth of XAI's Alternative Investment Funds Supporting Distribution Growth of XAI's Alternative Investment Funds

Other symbols: XFLT
2 months ago - GlobeNewsWire

XAI Madison Equity Premium Income Fund Will Host its Q4 2025 Quarterly Webinar on February 3rd, 2026

CHICAGO, Jan. 26, 2026 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (NYSE: MCN) (the “Fund”) today announced that it plans to host the Fund's Quarterly Webinar on February 3rd, 2026 at 1...

2 months ago - GlobeNewsWire

XA Investments Reports Record Growth in 2025 in its Fourth Quarter 2025 Market Update

Interval and Tender Offer Fund Market Reaches New Milestones, See Interval Fund Dominance and Shift Toward Greater Investor Accessibility Interval and Tender Offer Fund Market Reaches New Milestones, ...

Other symbols: XFLT
2 months ago - GlobeNewsWire

XA Investments Launches INTVL-C, an Extension to Its Interval Fund Index Suite Focused on Alternative Credit Interval & Tender Offer Funds

CHICAGO, Jan. 08, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC (“XAI”), a leader in closed-end interval and tender offer fund research, announces the launch of the XAI Interval Fund Credit Index™ (“INT...

Other symbols: XFLT
3 months ago - GlobeNewsWire

XA Investments Interval Fund (OCTIX) Now Available for Purchase on Charles Schwab

CHICAGO, Jan. 06, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC (“XAI”), a leader in closed-end interval and tender offer fund research, is now offering the Octagon XAI CLO Income Fund (“OCTIX” or the “...

Other symbols: XFLT
3 months ago - GlobeNewsWire

XA Investments Announces INTVL-C, Expanding Its Interval Fund Index Suite with an Alternative Credit Benchmark

CHICAGO, Dec. 29, 2025 (GLOBE NEWSWIRE) -- XA Investments LLC (“XAI”), a leader in closed-end interval and tender offer fund research, announced it plans to expand the XAI Interval Fund Index™ (“INTVL...

Other symbols: XFLT
3 months ago - GlobeNewsWire

XAI Madison Equity Premium Income Fund Announces Change of Fiscal Year End

CHICAGO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund”) (NYSE: MCN), a diversified, closed-end management investment company, today announced that its board of t...

5 months ago - GlobeNewsWire

XAI Madison Equity Premium Income Fund Will Host its Q3 2025 Quarterly Webinar on November 6, 2025

CHICAGO, Oct. 23, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (NYSE: MCN) (the “Fund”) today announced that it plans to host the Fund's Quarterly Webinar on November 6, 2025 at 11:...

5 months ago - GlobeNewsWire

XA Investments Will Host a Webinar on October 23, 2025

CHICAGO, Oct. 20, 2025 (GLOBE NEWSWIRE) -- XA Investments (“XAI”) today announced that it plans to host a Webinar on October 23, 2025, at 4:30 pm (Eastern Time) to discuss recent developments in the C...

Other symbols: XFLT
6 months ago - GlobeNewsWire

XA Investments Reports a Record 300+ Interval / Tender Offer Funds in its Third Quarter 2025 Market Update

Interval and Tender Offer Fund Market Reaches New Milestones, Sees Interval Fund Dominance and Shift Toward Greater Investor Accessibility Interval and Tender Offer Fund Market Reaches New Milestones,...

Other symbols: XFLT
6 months ago - GlobeNewsWire

XAI Madison Equity Premium Income Fund Will Host its Q2 2025 Quarterly Webinar on August 7, 2025

CHICAGO, July 24, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (NYSE: MCN) (the “Fund”) today announced that it plans to host the Fund's Quarterly Webinar on August 7, 2025 at 11:00...

9 months ago - GlobeNewsWire

XAI Madison Equity Premium Income Fund Will Host its Q1 2025 Quarterly Webinar on June 11, 2025

CHICAGO, June 06, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (NYSE: MCN) (the “Fund”) today announced that it plans to host the Fund's Quarterly Webinar on June 11, 2025 at 11:00 ...

10 months ago - GlobeNewsWire

XA Investments Finds Strong Start to 2025 in Fund Launches and Asset Gathering Among Non-Listed Closed End Funds in its First Quarter 2025 Market Update

CHICAGO, April 23, 2025 (GLOBE NEWSWIRE) -- XA Investments LLC (“XAI”), an alternative investment management and consulting firm, announced today that its Non-Listed Closed-End Funds First Quarter 202...

Other symbols: XFLT
1 year ago - GlobeNewsWire

XAI Madison Equity Premium Income Fund Declares Monthly Distributions of $0.06 per Share Payable on May 1, June 2, and July 1, 2025

CHICAGO, April 01, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund”), has declared its regular monthly distribution of $0.06 per share on the Fund's common shares (NYSE: MCN...

1 year ago - GlobeNewsWire

XAI Madison Equity Premium Income Fund Declares its Quarterly Distribution of $0.18 per Share – Fund to Change Distribution Frequency

CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund” or “MCN”) has declared its regular quarterly distribution of $0.18 per share on the Fund's common shares,...

Other symbols: XFLT
1 year ago - GlobeNewsWire

XAI Octagon Floating Rate & Alternative Income Trust Will Host Q4 2024 Quarterly Webinar on March 5, 2024

CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Trust”) today announced that it plans to host the Trust's Quarterly Webinar on March ...

Other symbols: XFLT
1 year ago - GlobeNewsWire

XAI Madison Equity Premium Income Fund Will Host an Informational Webinar on February 4, 2025

CHICAGO, Jan. 22, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (NYSE: MCN) (the “Fund”) today announced that it plans to host a webinar on February 4, 2025, at 11:00 am (Eastern Tim...

Other symbols: XFLT
1 year ago - GlobeNewsWire

Madison Covered Call & Equity Strategy Fund Declares its Quarterly Distribution of $0.18 per Share

CHICAGO--(BUSINESS WIRE)--Madison Covered Call & Equity Strategy Fund (the “Fund”) has declared its regular quarterly distribution of $0.18 per share on the Fund's common shares (NYSE: MCN), payable o...

1 year ago - Business Wire

Madison Covered Call & Equity Strategy Fund Announces Appointment of XA Investments as Investment Adviser and Madison Asset Management as Sub-Adviser; Fund to Rebrand as XAI Madison Equity Premium Income Fund

CHICAGO--(BUSINESS WIRE)--Madison Covered Call & Equity Strategy Fund (NYSE: MCN) (“MCN” or the “Fund”) announced three significant changes today. The Fund appointed XA Investments LLC (“XAI”) as its ...

1 year ago - Business Wire

Madison Covered Call & Equity Strategy Fund Announces Shareholder Approval of XA Investments as Investment Adviser and Madison Investments as Sub-Adviser; Fund to Rebrand as XAI Madison Equity Premium Income Fund

CHICAGO--(BUSINESS WIRE)--During a special meeting on October 15, 2024 (the “Special Meeting”), shareholders of the Madison Covered Call & Equity Strategy Fund (NYSE: MCN) (“MCN” or the “Fund”) approv...

1 year ago - Business Wire

Madison Covered Call and Equity Strategy Fund (MCN) Declares Quarterly Dividend

MADISON, Wis., Sept. 03, 2024 (GLOBE NEWSWIRE) -- The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) (the “Fund”) declares its quarterly dividend of $0.18/share. The dividends will be payabl...

1 year ago - GlobeNewsWire

XA Investments to Become Investment Adviser to Madison Investments Closed-End Fund and Will Retain Madison Investments as Portfolio Manager

CHICAGO, July 18, 2024 (GLOBE NEWSWIRE) -- XA Investments (XAI), an alternative investment management and consulting firm, announced the pending transaction, by which XAI will become investment advise...

Other symbols: XFLT
1 year ago - GlobeNewsWire

Madison Investments Enters into Partnership with XA Investments

Expected to Accelerate Growth of Covered Call Equity Listed Closed-End Fund Expected to Accelerate Growth of Covered Call Equity Listed Closed-End Fund

1 year ago - GlobeNewsWire