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XAI Madison Equity Premium Income Fund (MCN)

$5.49

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Key data on MCN

Market cap

$115430978

EPS

--

P/E ratio

18.4

Price to sales

24.62

Dividend yield

13.115%

Beta

0.641887

Price on MCN

Previous close

$5.53

Today's open

$5.50

Day's range

$5.46 - $5.53

52 week range

$5.46 - $6.39

Profile about MCN

CEO

--

Employees

--

Headquarters

,

Exchange

New York Stock Exchange

Shares outstanding

--

Issue type

Common Stock

MCN industries and sectors

Finance

Asset Management Services

News on MCN

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

CHICAGO, June 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), payable on July 1, 2026, to common shareholders of record as of June 15, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.060 per share.

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GlobeNewsWire • Jun 1, 2026

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MCN: Discount Now Makes This A More Appealing Choice (Upgrade)

XAI Madison Equity Premium Income Fund currently trades at an 8.86% discount, with a 12.29% distribution yield and a monthly payout schedule. MCN's performance has lagged the broader equity market, with flat NAV returns since our last coverage. The fund offers a generally more balanced, value-oriented portfolio with sector diversification and a covered call strategy, underweighting technology relative to the S&P 500.

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Seeking Alpha • May 22, 2026

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XA Investments Launches Custom GenAI Tool for Interval Fund Market Research

CHICAGO, May 20, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC, a Chicago-based alternative investment management and consulting firm, announced the availability of the firm's first generative artificial intelligence capability for its consulting clients and research subscribers. XA Investments built YOGI, a proprietary GenAI research tool designed to transform how business development and product strategists analyze competitor funds and design new evergreen products for the private wealth marketplace.

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GlobeNewsWire • May 20, 2026

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XAI Madison Equity Premium Income Fund (MCN) Q1 2026 Earnings Call Transcript

XAI Madison Equity Premium Income Fund (MCN) Q1 2026 Earnings Call Transcript

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Seeking Alpha • May 5, 2026

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XA Investments to Become Adviser to Evanston Capital Alternative Investment Fund and Retain Evanston as Portfolio Manager

Reflects XA Investments Continued Focus on Evergreen Alternative Investment Funds Reflects XA Investments Continued Focus on Evergreen Alternative Investment Funds

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GlobeNewsWire • May 5, 2026

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Covered Call ETFs: Boosting Your Dividend Income Strategy

A covered call ETF holds a basket of dividend-paying stocks while simultaneously selling call options on those same holdings. In return, you get paid a premium. That premium is extra income on top of your regular dividends. Covered call funds work best when stock prices are stable or rising slowly. If the stock price shoots up dramatically, your shares might get called away at the strike price. You miss out on that extra gain. That's the one caveat to covered call ETFs - you cap your upside.

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Seeking Alpha • Apr 29, 2026

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XAI Madison Equity Premium Income Fund Will Host its Q1 2026 Quarterly Webinar on May 5th, 2026

CHICAGO, April 22, 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 May 5th, 2026 at 12:00 pm (Eastern Time). Kimberly Flynn, President at XA Investments (“XAI”) will moderate the Q&A style webinar with Ray Di Bernardo and Drew Justman, Portfolio Managers at Madison Investments.

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GlobeNewsWire • Apr 22, 2026

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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 managing director and head of product development and strategy, leading efforts in those areas for the firm's proprietary closed-end funds. She will also serve the firm's interval fund consulting clients and research clients.

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GlobeNewsWire • Mar 26, 2026

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MCN: Falls To A Discount, But Not Quite A Bargain Yet

XAI Madison Equity Premium Income Fund now trades at a -6.26% discount, making it more attractive than during its prior premium period on our last look. MCN offers a high 11.73% distribution yield, but its elevated payout is challenging to sustain, evidenced by a gradually declining NAV since 2021. The fund's heavily overwritten covered call strategy can limit upside, and recent performance has lagged both the S&P 500 and newer peers like RSPA.

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Seeking Alpha • Feb 27, 2026

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XAI Madison Equity Premium Income Fund (MCN) Q4 2025 Earnings Call Transcript

XAI Madison Equity Premium Income Fund (MCN) Q4 2025 Earnings Call Transcript

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Seeking Alpha • Feb 17, 2026

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