MCN
NYSEXAI Madison Equity Premium Income Fund
IPO2004
Price$5.92+0.04 (+0.68%)
2026-01-202026-04-23
News · 26 weeks21-25%
2025-10-262026-04-19
Mix1090d
- Dividends4(40%)
- Other3(30%)
- Leadership2(20%)
- SEC Filings1(10%)
Latest news
25 items- PRXAI Madison Equity Premium Income Fund Will Host its Q1 2026 Quarterly Webinar on May 5th, 2026CHICAGO, 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. TO JOIN VIA WEB: Please go to the Knowledge Bank section of xainvestments.com or click here to find the online registration link. TO USE YOUR TELEPHONE: After joining via web, if you prefer to use your phone for audio, you must select that option and call in using a number below, based on your current loca
- SECSEC Form DEF 14A filed by XAI Madison Equity Premium Income FundDEF 14A - XAI Madison Equity Premium Income Fund (0001289868) (Filer)
- PRXAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per ShareCHICAGO, April 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 May 1, 2026, to common shareholders of record as of April 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. The following dates apply to the declaration: Ex-Dividend Date April 15, 2026 Record Date April 15, 2026 Payable Date May 1, 2026 Amount $0.060 per share Change from Previous Month No Change Common share distributions may be paid from net investment income (regular interest
- PRXA Investments Appoints Lauren Michalak as Managing Director and Head of Product Development & StrategyCHICAGO, March 26, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC (XAI), a Chicago-based alternative investment management and consulting firm, announced that Lauren Michalak has joined the firm as a managing director and head of product development and strategy, leading efforts in those areas for the firm's proprietary closed-end funds. She will also serve the firm's interval fund consulting clients and research clients. "Lauren has spent two decades operating at the intersection of product innovation, strategy, and enterprise execution. She has led every stage of the product development lifecycle across multiple fund structures, raised over $15 billion of new capital, and driven complex, c
- PRXAI Octagon Floating Rate & Alternative Income Trust Announces 1-For-5 Reverse Stock Split and Effective DateCHICAGO, March 06, 2026 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) (the "Trust") today announced that its Board of Trustees has approved the implementation of a 1-for-5 reverse stock split (the "Reverse Stock Split") of the Trust's common shares of beneficial interest, par value $0.01 per share (the "Common Shares"). As a result of the Reverse Stock Split, every five (5) Common Shares issued and outstanding will be automatically combined into one (1) issued and outstanding Common Share, without any change in the par value per share. The Reverse Stock Split will affect all common shareholders uniformly and will not alter any shareholder's percentag
- SECSEC Form N-2 filed by XAI Madison Equity Premium Income FundN-2 - XAI Madison Equity Premium Income Fund (0001289868) (Filer)
- PRXAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per ShareCHICAGO, March 02, 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 April 1, 2026, to common shareholders of record as of March 16, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.060 per share. The following dates apply to the declaration: Ex-Dividend DateMarch 16, 2026 Record DateMarch 16, 2026 Payable DateApril 1, 2026 Amount$0.060 per share Change from Previous Month No Change Common share distributions may be paid from net investment income (regula
- PRXAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per ShareCHICAGO, Feb. 02, 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 March 2, 2026, to common shareholders of record as of February 17, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.060 per share. The following dates apply to the declaration: Ex-Dividend DateFebruary 17, 2026 Record DateFebruary 17, 2026 Payable DateMarch 2, 2026 Amount$0.060 per share Change from Previous MonthNo Change Common share distributions may be paid from net investment income (regular inte
- PRTom McCabe Joins XA Investments as Director of Regional SalesCHICAGO, Jan. 27, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI"), a Chicago-based alternative investment management and consulting firm, announced that Tom McCabe has joined XAI as a Director of Regional Sales. Mr. McCabe brings vast expertise in product and service offerings specifically focusing on the Registered Investment Advisor (RIA), Broker Dealer, and Family Office networks on the East Coast, to accelerate XAI's distribution efforts in the interval fund and closed-end fund marketplace. Mr. McCabe has more than 15 years of work in financial services, focusing on evolving product and service offerings and working closely within the RIA marketplace. Most recently, he was a Sales
- PRXAI Madison Equity Premium Income Fund Will Host its Q4 2025 Quarterly Webinar on February 3rd, 2026CHICAGO, Jan. 26, 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 February 3rd, 2026 at 11:00 am (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. TO JOIN VIA WEB: Please go to the Knowledge Bank section of xainvestments.com or click here to find the online registration link. TO USE YOUR TELEPHONE: After joining via web, if you prefer to use your phone for audio, you must select that option and call in using a number below, based on your current
- PRXA Investments Reports Record Growth in 2025 in its Fourth Quarter 2025 Market UpdateCHICAGO, Jan. 15, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI"), an alternative investment management and consulting firm, announced the publication of its latest research report, the XAI Non-Listed Closed-End Fund Fourth Quarter 2025 Market Update. The report covers interval fund market trends and recent developments, with expanded coverage of the XAI Interval Fund Awards recognizing notable funds and managers across the market in 2025. "The interval and tender offer fund market has reached a new peak with 308 funds and $233 billion in net assets, showing the increased popularity of interval and tender offer funds in recent years," stated Kimberly Flynn, the president of XAI. "The
- PRXA Investments Launches INTVL-C, an Extension to Its Interval Fund Index Suite Focused on Alternative Credit Interval & Tender Offer FundsCHICAGO, Jan. 08, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI"), a leader in closed-end interval and tender offer fund research, announces the launch of the XAI Interval Fund Credit Index™ ("INTVL-C"). INTVL-C is designed to track the performance of non-listed closed-end interval funds and tender offer funds registered under the Investment Company Act of 1940 ("1940 Act") with majority allocations to alternative credit investments. The Index is calculated daily on a total return basis and assumes the reinvestment of distributions. As of December 31, 2025, the Index's 58 constituents combined for more than $79 billion in total net assets. INTVL-C has a January 1, 2023 base date. The
- PRXA Investments Interval Fund (OCTIX) Now Available for Purchase on Charles SchwabCHICAGO, Jan. 06, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI"), a leader in closed-end interval and tender offer fund research, is now offering the Octagon XAI CLO Income Fund ("OCTIX" or the "Fund") for purchase by advisers who clear or custody through the Charles Schwab platform ("Schwab"), expanding access of XAI's registered offerings for financial advisors and their clients. "The addition of OCTIX to the Charles Schwab platform marks a major milestone for the fund. As one of the largest custodial and distribution platforms, this addition provides significant access to the Fund among Schwab's investor base and network," states Kevin Davis, Managing Director, Head of Sales & Dis
- PRXAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per ShareCHICAGO, Jan. 02, 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 January 30, 2026, to common shareholders of record as of January 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. As mentioned in previous distribution declarations, the Fund has changed its distribution frequency from quarterly to monthly, which went into effect with the April 1, 2025 declaration. XA Investments believes this change enables investors to better manage their cash flow ne
- PRXA Investments Announces INTVL-C, Expanding Its Interval Fund Index Suite with an Alternative Credit BenchmarkCHICAGO, Dec. 29, 2025 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI"), a leader in closed-end interval and tender offer fund research, announced it plans to expand the XAI Interval Fund Index™ ("INTVL") suite with its first sub-index. Expected to launch in Q1 2026, the XAI Interval Fund Credit Index™ ("INTVL-C") will track the performance of credit interval and tender offer funds. The sub-index will offer asset managers greater transparency with a more comprehensive look at category constituents that have not been offered before. INTVL-C will provide fund sponsors with valuable performance metrics to improve investment decisions and risk assessment in credit funds, while enabling better f
- SECSEC Form N-CEN filed by XAI Madison Equity Premium Income FundN-CEN - XAI Madison Equity Premium Income Fund (0001289868) (Filer)
- SECSEC Form N-CSR filed by XAI Madison Equity Premium Income FundN-CSR - XAI Madison Equity Premium Income Fund (0001289868) (Filer)
- PRXAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per ShareCHICAGO, 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. As mentioned in previous distribution declarations, the Fund has changed its distribution frequency from quarterly to monthly, which went into effect with the April 1, 2025 declaration. XA Investments believes this change enables investors to better manage their cash flow
- INSIDERSEC Form 5 filed by Spence John Yogi5 - XAI Madison Equity Premium Income Fund (0001289868) (Issuer)
- PRXAI Madison Equity Premium Income Fund Announces Change of Fiscal Year EndCHICAGO, 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. In connection with the fiscal year change, the Fund expects to file a Transition Report on Form N-CSR for the nine-month transition period beginning January 1, 2025 and ending September 30, 2025. About XA Investments XA Investments LLC ("XAI") serves as the Fund'
- PRXAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per ShareCHICAGO, 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. As mentioned in previous distribution declarations, the Fund has changed its distribution frequency from quarterly to monthly, which went into effect with the April 1, 2025 declaration. XA Investments believes this change enables investors to better manage their cash flow n
- PRXAI Madison Equity Premium Income Fund Will Host its Q3 2025 Quarterly Webinar on November 6, 2025CHICAGO, 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. TO JOIN VIA WEB: Please go to the Knowledge Bank section of xainvestments.com or click here to find the online registration link. TO USE YOUR TELEPHONE: After joining via web, if you prefer to use your phone for audio, you must select that option and call in using a number below, ba
- PRXA Investments Will Host a Webinar on October 23, 2025CHICAGO, 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). TO JOIN VIA WEB: Click here to find the online registration link. TO USE YOUR TELEPHONE: After joining via web, if you prefer to use your pho
- PRXA Investments Reports a Record 300+ Interval / Tender Offer Funds in its Third Quarter 2025 Market UpdateCHICAGO, Oct. 16, 2025 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI"), an alternative investment management and consulting firm, announced the publication of its latest research report, the XAI Non-Listed Closed-End Fund Third Quarter 2025 Market Update. The report covers interval fund market trends and notes that marketwide fund counts exceed 300 funds, a milestone that shows the dominance of daily valued interval funds due to demand for greater investor accessibility. "The interval and tender offer fund market reached a major milestone of 304 funds, showing the increased popularity of interval and tender offer funds in recent years," stated Kimberly Flynn, the president of XAI. "As more
- PRXAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per ShareCHICAGO, 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. As mentioned in previous distribution declarations, the Fund has changed its distribution frequency from quarterly to monthly, which went into effect with the April 1, 2025 declaration. XA Investments believes this change enables investors to better manage their cash flow ne