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XAI Madison Equity Premium Income Fund (MCN)

$5.92

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Key data on MCN

Market cap

$124472020

EPS

--

P/E ratio

18.3

Price to sales

24.62

Dividend yield

12.162%

Beta

0.711145

Price on MCN

Previous close

$5.95

Today's open

$5.98

Day's range

$5.88 - $6.00

52 week range

$5.16 - $7.04

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, Dec. 01, 2025 (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 December 31, 2025, to common shareholders of record as of December 15, 2025, 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 • Dec 1, 2025

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XAI Madison Equity Premium Income Fund (MCN) Q3 2025 Earnings Call Transcript

XAI Madison Equity Premium Income Fund (MCN) Q3 2025 Earnings Call Transcript

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Seeking Alpha • Nov 6, 2025

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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 trustees has determined to change its fiscal year end to September 30 from December 31, effective immediately. The primary purpose of the change is to align the Fund's reporting calendar with those of other funds in the fund complex.

news source

GlobeNewsWire • Nov 6, 2025

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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 11:00 am (Eastern Time). Jared Hagen, Vice President at XA Investments (“XAI”) will moderate the Q&A style webinar with Kimberly Flynn, President at XAI, and Ray Di Bernardo, Portfolio Manager at Madison Investments.

news source

GlobeNewsWire • Oct 23, 2025

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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 CLO and leveraged loan market. Kevin Davis, Managing Director at XAI will moderate the webinar with Kimberly Flynn, President at XAI and Ben McCulloch, Managing Director at XAI. XAI serves as the investment advisor for both XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) and Octagon XAI CLO Income Fund (Ticker: OCTIX, an interval fund).

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GlobeNewsWire • Oct 20, 2025

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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 earnings and reliance on market gains raise concerns about long-term sustainability. The fund trades at a discount to NAV, but this reflects structural limitations rather than a compelling buying opportunity versus alternatives like EOS and USA.

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Seeking Alpha • Oct 19, 2025

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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, Sees Interval Fund Dominance and Shift Toward Greater Investor Accessibility

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GlobeNewsWire • Oct 16, 2025

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XAI Madison Equity Premium Income Fund (MCN) Q2 2025 Earnings Call Transcript

XAI Madison Equity Premium Income Fund (MCN) Q2 2025 Earnings Call Transcript

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Seeking Alpha • Aug 9, 2025

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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 underperformance versus peers with more balanced covered call strategies, especially during bull markets. The fund's distributions exceed what it earns, eroding capital and requiring reinvestment just to maintain purchasing power over time.

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Seeking Alpha • Jul 27, 2025

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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 am (Eastern Time). Jared Hagen, Vice President at XA Investments (“XAI”) will moderate the Q&A style webinar with Kimberly Flynn, President at XAI, and Ray Di Bernardo, Portfolio Manager at Madison Investments.

news source

GlobeNewsWire • Jul 24, 2025

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