XAI Madison Equity Premium Income Fund (MCN)
NYSE: MCN · Real-Time Price · USD
6.18
+0.03 (0.49%)
Jul 31, 2025, 4:00 PM - Market closed

Company Description

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 approach, focusing on such factors as PEG ratios (price-earnings ratio to growth rate), financial strength, and industry leadership to create its portfolio.

It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index. The fund conducts in-house research to make its investments.

It was formerly known as Madison/Claymore Covered Call & Equity Strategy Fund. XAI Madison Equity Premium Income Fund was formed on May 6, 2004 and is domiciled in the United States.

XAI Madison Equity Premium Income Fund
XAI Madison Equity Premium Income Fund logo
CountryUnited States
Founded2004
IndustryAsset Management
SectorFinancials
CEOKevin Robinson

Contact Details

Address:
550 Science Drive
Madison, Wisconsin 53711
United States
Phone800-767-0300
Websitemadisonfunds.com

Stock Details

Ticker SymbolMCN
ExchangeNYSE
Stock TypeCommon Stock
Reporting CurrencyUSD
CIK Code0001289868
CUSIP Number557437100
ISIN NumberUS5574371002

Key Executives

NamePosition
Kevin RobinsonChief Executive Officer

Latest SEC Filings

DateTypeTitle
Jul 9, 2025DEF 14AOther definitive proxy statements
Jul 8, 2025DEF 14AOther definitive proxy statements
May 29, 2025NPORT-PMonthly Portfolio Investments Report on Form N-PORT (Public)
Mar 10, 2025N-CENFiling
Mar 7, 2025N-CSRFiling
Feb 19, 2025NPORT-PMonthly Portfolio Investments Report on Form N-PORT (Public)
Dec 9, 202440-17GFiling
Nov 18, 2024NPORT-PMonthly Portfolio Investments Report on Form N-PORT (Public)
Oct 16, 20248-KCurrent Report
Sep 24, 2024DEFA14AAdditional definitive proxy soliciting materials and Rule 14(a)(12) material