Madison Covered Call & Equity Strategy Fund

MCN

Market cap $126M

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.

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

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.

CHICAGO, Nov. 03, 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 1, 2025, to common shareholders of record as of November 17, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.060 per share.

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.

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).

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.

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

CHICAGO, Oct. 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 November 3, 2025, to common shareholders of record as of October 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.

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.