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1D
1W
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6M
YTD
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ALL
Market cap
$112066869
EPS
--
P/E ratio
18.2
Price to sales
24.62
Dividend yield
13.508%
Beta
0.657509
Previous close
$5.35
Today's open
$5.36
Day's range
$5.31 - $5.36
52 week range
$5.18 - $6.20
CEO
--
Employees
--
Headquarters
,
Exchange
New York Stock Exchange
Shares outstanding
--
Issue type
Common Stock
Finance
Asset Management Services
MCN: Discount Deepens Even Further, Making This Name Even More Enticing
XAI Madison Equity Premium Income Fund has dropped to an even deeper discount, presenting a compelling value proposition for contrarian income investors. MCN's covered call strategy and balanced sector allocation differentiate it from tech-heavy major benchmarks, offering potential resilience if tech valuations correct. Pending sub-adviser changes may introduce preferred equity exposure, aiming to diversify income sources and potentially bringing some future income-generation ability for the distribution.
Seeking Alpha • 15 hours ago

XAI Madison Equity Premium Income Fund Will Host its Q3 2026 Quarterly Webinar on November 5, 2026
CHICAGO, Oct. 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 November 5, 2026 at 11:00 am (Eastern Time). Kimberly Flynn, President at XA Investments will moderate the Q&A style webinar with Ray Di Bernardo and Drew Justman, Portfolio Managers at Madison Investments.
GlobeNewsWire • Oct 22, 2026

XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share
CHICAGO, Oct. 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 November 2, 2026, to common shareholders of record as of October 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.
GlobeNewsWire • Oct 1, 2026

MCN Adjourns Special Meeting of Shareholders Until August 26, 2026
CHICAGO, July 31, 2026 (GLOBE NEWSWIRE) -- XA Investments, LLC, manager of XAI Madison Equity Premium Income Fund (MCN) (the “Fund”) announced it has adjourned the Fund's Special Meeting of Shareholders (the “Meeting”) due to a lack of quorum. Shareholders are urged to please submit their votes on the proposal to approve a new sub-advisory agreement for the Fund as soon as possible. The Meeting will reconvene on Thursday, August 26, 2026, at 8:45 a.m. Central Time, at the offices of XA Investments, LLC at 321 N Clark St #2430, Chicago, Illinois.
GlobeNewsWire • Jul 31, 2026

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.
Seeking Alpha • May 22, 2026

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.
GlobeNewsWire • May 20, 2026

XAI Madison Equity Premium Income Fund (MCN) Q1 2026 Earnings Call Transcript
XAI Madison Equity Premium Income Fund (MCN) Q1 2026 Earnings Call Transcript
Seeking Alpha • May 5, 2026

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
GlobeNewsWire • May 5, 2026

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.
Seeking Alpha • Apr 29, 2026

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.
GlobeNewsWire • Apr 22, 2026

¹ Disclosures

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