MCN
Madison Covered Call & Equity Strategy FundMCN
MCN
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.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
14% more funds holding
Funds holding: 35 [Q4 2024] → 40 (+5) [Q1 2025]
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
0.44% less ownership
Funds ownership: 16.23% [Q4 2024] → 15.79% (-0.44%) [Q1 2025]
11% less capital invested
Capital invested by funds: $23.3M [Q4 2024] → $20.7M (-$2.67M) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for MCN.
Financial journalist opinion
Neutral
GlobeNewsWire
1 week ago
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.
Neutral
GlobeNewsWire
1 month ago
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.
Positive
Seeking Alpha
1 month ago
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.
Neutral
GlobeNewsWire
2 months ago
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.
Neutral
GlobeNewsWire
3 months ago
XAI Madison Equity Premium Income Fund Declares its Quarterly Distribution of $0.18 per Share – Fund to Change Distribution Frequency
CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund” or “MCN”) has declared its regular quarterly distribution of $0.18 per share on the Fund's common shares, payable on April 1, 2025, to shareholders of record as of March 17, 2025, as noted below. The amount of the distribution represents no change from the previous quarter's distribution amount of $0.18 per common share.
Neutral
GlobeNewsWire
3 months ago
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.077 per Share
CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.077 per share on the Trust's common shares (NYSE: XFLT), payable on April 1, 2025, to common shareholders of record as of March 17, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.077 per common share.
Neutral
GlobeNewsWire
3 months ago
XAI Octagon Floating Rate & Alternative Income Trust Will Host Q4 2024 Quarterly Webinar on March 5, 2024
CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Trust”) today announced that it plans to host the Trust's Quarterly Webinar on March 5, 2025 at 11:00 am (Eastern Time). Kevin Davis, Managing Director at XA Investments (“XAI”) will moderate the Q&A style webinar with Kimberly Flynn, President at XAI, and Lauren Law, Senior Portfolio Manager at Octagon Credit Investors.
Neutral
GlobeNewsWire
4 months ago
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.077 per Share
CHICAGO, Feb. 03, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.077 per share on the Trust's common shares (NYSE: XFLT), payable on March 3, 2025, to common shareholders of record as of February 18, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.077 per share.
Neutral
GlobeNewsWire
4 months ago
XAI Madison Equity Premium Income Fund Will Host an Informational Webinar on February 4, 2025
CHICAGO, Jan. 22, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (NYSE: MCN) (the “Fund”) today announced that it plans to host a webinar on February 4, 2025, at 11:00 am (Eastern Time). MCN employs a covered call equity strategy that seeks to generate income and gains. On the webinar, the Fund's management team will review the benefits and risks of a hedged equity approach to investing. Jared Hagen, Vice President at XA Investments (“XAI”) will moderate the webinar with Kimberly Flynn, President at XAI, and Ray Di Bernardo, Portfolio Manager at Madison Investments (“Madison”). Webinar participants are encouraged to ask questions of the Fund's management team.
Negative
Seeking Alpha
5 months ago
MCN: Sliding Lower But Premium Remains Sticky
XAI Madison Equity Premium Income Fund has seen a name change along with a change in the adviser, though the fund's objective and investment policy remained unchanged. The fund continues to carry a significant cash-like position that we've seen since around 2019, with risk-free rates dropping, this cash position may make less sense going forward. Despite the latest underlying weakness in the portfolio caused by overall increased market volatility and declines, MCN still doesn't appear like a bargain.
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