MCN

Madison Covered Call & Equity Strategy Fund

MCN

Market cap $132M

Overview Fund Activity

6.25 USD

+0.01

0.16%

At close Updated Sep 15, 4:00 PM EDT

1 day

0.16%

5 days

0%

1 month

0.81%

3 months

0.48%

6 months

2.12%

Year to date

-7.27%

1 year

-15.65%

5 years

2.46%

10 years

-14.27%

About: XAI Madison Equity Premium Income Fund is an investment management company. The Fund invests in an actively managed equity portfolio comprised of individual stocks and covered call options. The Fund's primary investment objective is to provide high level of current income and gains, with a secondary objective of capital appreciation.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

140% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 5

23% more capital invested

Capital invested by funds: $21.4M [Q1] → $26.4M (+$4.94M) [Q2]

17% more funds holding

Funds holding: 41 [Q1] → 48 (+7) [Q2]

17% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 12

3.33% more ownership

Funds ownership: 16.37% [Q1] → 19.7% (+3.33%) [Q2]

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Financial journalist opinion

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

CHICAGO, Sept. 02, 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 October 1, 2025, to common shareholders of record as of September 16, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.060 per share.

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

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

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

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

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

CHICAGO, Aug. 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 September 2, 2025. The amount represents no change from the previous month's distribution amount.

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

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.

MCN: The Yield Is Nice, But This Fund Is Hard To Recommend

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.

XAI Madison Equity Premium Income Fund Will Host its Q2 2025 Quarterly Webinar on August 7, 2025

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

CHICAGO, July 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 August 1, 2025. The amount represents no change from the previous month's distribution amount.

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

XAI Madison Equity Premium Income Fund Will Host its Q1 2025 Quarterly Webinar on June 11, 2025

CHICAGO, June 06, 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 June 11, 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.

XAI Madison Equity Premium Income Fund Will Host its Q1 2025 Quarterly Webinar on June 11, 2025

XA Investments Finds Strong Start to 2025 in Fund Launches and Asset Gathering Among Non-Listed Closed End Funds in its First Quarter 2025 Market Update

CHICAGO, April 23, 2025 (GLOBE NEWSWIRE) -- XA Investments LLC (“XAI”), an alternative investment management and consulting firm, announced today that its Non-Listed Closed-End Funds First Quarter 2025 Market Update shows a strong start to 2025 in both fund launches and asset gathering. The market update is a comprehensive research report detailing current market trends and industry highlights. The non-listed closed-end fund (CEF) market includes all interval and tender offer funds. The report introduces the XAI Interval Fund Index™ (INTVL), analyzes recent developments in co-investment relief, and reviews 2024 net flows across the market.

XA Investments Finds Strong Start to 2025 in Fund Launches and Asset Gathering Among Non-Listed Closed End Funds in its First Quarter 2025 Market Update

Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)

10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.

Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)

XAI Madison Equity Premium Income Fund Declares Monthly Distributions of $0.06 per Share Payable on May 1, June 2, and July 1, 2025

CHICAGO, April 01, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund”), has declared its regular monthly distribution of $0.06 per share on the Fund's common shares (NYSE: MCN) payable on May 1, 2025, June 2, 2025, and July 1, 2025. The total amount equals $0.18 and represents no change from the previous quarter's distribution amount.

XAI Madison Equity Premium Income Fund Declares Monthly Distributions of $0.06 per Share Payable on May 1, June 2, and July 1, 2025

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