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.
| Country | United States |
| Founded | 2004 |
| Industry | Asset Management |
| Sector | Financials |
| CEO | Kevin Robinson |
Contact Details
Address: 550 Science Drive Madison, Wisconsin 53711 United States | |
| Phone | 800-767-0300 |
| Website | madisonfunds.com |
Stock Details
| Ticker Symbol | MCN |
| Exchange | NYSE |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001289868 |
| CUSIP Number | 557437100 |
| ISIN Number | US5574371002 |
Key Executives
| Name | Position |
|---|---|
| Kevin Robinson | Chief Executive Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jun 5, 2026 | N-CSRS | Filing |
| May 29, 2026 | PRE 14A | Other preliminary proxy statements |
| May 28, 2026 | NPORT-P | Monthly Portfolio Investments Report on Form N-PORT (Public) |
| May 19, 2026 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| May 19, 2026 | 8-K | Current Report |
| Apr 6, 2026 | DEF 14A | Other definitive proxy statements |
| Mar 6, 2026 | N-2 | Filing |
| Feb 26, 2026 | NPORT-P | Monthly Portfolio Investments Report on Form N-PORT (Public) |
| Dec 12, 2025 | N-CEN | Filing |
| Dec 1, 2025 | N-CSR | Filing |