XAI Madison Equity Premium Income Fund (MCN)
| Market Value | 126.70M |
| Revenue (ttm) | 3.75M -15.0% |
| Net Income | 10.88M +85.8% |
| EPS | 0.52 +85.8% |
| Shares Out | 21.12M |
| PE Ratio | 11.68 |
| Forward PE | n/a |
| Dividend | $0.72 (12.00%) |
| Ex-Dividend Date | Feb 17, 2026 |
| Volume | 155,234 |
| Open | 6.01 |
| Previous Close | 6.02 |
| Day's Range | 5.99 - 6.09 |
| 52-Week Range | 5.16 - 6.51 |
| Beta | 0.74 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/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]
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 StatementsNews
XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share
CHICAGO, Feb. 02, 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)...
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
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...
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, ...
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...
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 “...
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...
XAI Madison Equity Premium Income Fund (MCN) Q3 2025 Earnings Call Transcript
XAI Madison Equity Premium Income Fund (MCN) Q3 2025 Earnings Call Transcript
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...
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:...
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...
MCN: Defensive Income Fund With Consistent Payouts
XAI Madison Equity Premium Income Fund offers high-yield and defensive equity exposure but has underperformed peers over long periods. MCN's 11.7% dividend yield is attractive, yet inconsistent earnin...
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,...
XAI Madison Equity Premium Income Fund (MCN) Q2 2025 Earnings Call Transcript
XAI Madison Equity Premium Income Fund (MCN) Q2 2025 Earnings Call Transcript
MCN: The Yield Is Nice, But This Fund Is Hard To Recommend
The XAI Madison Equity Premium Income Fund offers an eye-catching 11.5% yield, but its declining NAV and share price raise sustainability concerns. High option overwrite limits capital gains, causing ...
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...
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 ...
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...
Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)
10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offeri...
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...
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,...
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 ...
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...
MCN: Sliding Lower But Premium Remains Sticky
XAI Madison Equity Premium Income Fund has seen a name change along with a change in the adviser, though the fund's objective and investment policy remained unchanged. The fund continues to carry a si...
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...