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XAI Madison Equity Premium Income Fund

MCN · NYSE

$5.33−$0.06 (−1.11%)TodayMarket closed ·
Prev close $5.39

About MCN

XAI Madison Equity Premium Income Fund is a US-based company operating in industry. The company is headquartered in Chicago, Illinois. The company went IPO on 2004-07-28. XAI Madison Equity Premium Income Fund (the Fund), formerly Madison Covered Call & Equity Strategy Fund, is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income and gains, with a secondary objective of capital appreciation. The Fund pursues its investment objectives by investing in a portfolio consisting primarily of high quality, large and mid-capitalization stocks that are, in the view of the Fund's Investment sub-adviser, selling at a reasonable price in relation to their long-term earnings growth rates. The Fund invests in an actively managed equity portfolio comprised of individual stocks and covered call options. The company has investments in the sectors, such as health care, consumer staples, energy, financials, consumer discretionary, information technology, communication services, and others. Its investment advisor is XA Investments LLC. Its investment sub-adviser is Madison Investments, LLC.

Employees
0
Headquarters
Chicago, Illinois
Listed
Jul 28, 2004
Sector
N/A
Industry
N/A
Website
xainvestments.com

MCN key statistics

Market cap
112.32M
Price-earnings ratio
0.00
Dividend yield
—
Average volume
62.80K
Volume
39.38K
Open price
$5.34
High today
$5.40
Low today
$5.33
52 Week high
$6.20
52 Week low
$5.18

XAI Madison Equity Premium Income Fund (MCN) at a glance

As of Oct 23, 2026, XAI Madison Equity Premium Income Fund (MCN) shares are priced at $5.33, giving the company a market cap of 112.32M and a price-to-earnings ratio of 0.00.

Today the stock has traded between $5.33 and $5.40. The current price is 0.0% above the day's low and 1.4% below its high.

Volume so far is 39.38K shares, below the average of 62.80K shares a day.

Over the past year XAI Madison Equity Premium Income Fund has ranged from $5.18 to $6.20, and now sits 15% of the way up that range.

MCN news

  • Press releaseBusiness Wire

    Madison Covered Call & Equity Strategy Fund Declares its Quarterly Distribution of $0.18 per Share

  • Press releaseBusiness Wire

    XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.077 per Share

  • Press releaseBusiness Wire

    Madison Covered Call & Equity Strategy Fund Announces Appointment of XA Investments as Investment Adviser and Madison Asset Management as Sub-Adviser; Fund to Rebrand as XAI Madison Equity Premium Income Fund

  • Madison Covered Call & Equity Strategy Fund Shares Halted, News Pending

  • Press releaseBusiness Wire

    Madison Covered Call & Equity Strategy Fund Announces Shareholder Approval of XA Investments as Investment Adviser and Madison Investments as Sub-Adviser; Fund to Rebrand as XAI Madison Equity Premium Income Fund

  • Press releaseBusiness Wire

    XA Investments to Become Investment Adviser to Madison Investments Closed-End Fund and Will Retain Madison Investments as Portfolio Manager

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.