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XAI Madison Equity Premium Income Fund (MCN) Stock News

MCN NYSE

Welcome to our dedicated page for XAI Madison Equity Premium Income Fund news (Ticker: MCN), a resource for investors and traders seeking the latest updates and insights on XAI Madison Equity Premium Income Fund stock.

XAI Madison Equity Premium Income Fund reports developments for a diversified, closed-end management investment company traded on the New York Stock Exchange under the symbol MCN. The Fund seeks current income and gains, with capital appreciation as a secondary objective, through an actively managed portfolio of large- and mid-capitalization stocks and an ongoing covered-call options strategy.

News about MCN centers on quarterly fund webinars, portfolio-management communications involving XA Investments and Madison Investments, fund-complex developments at XA Investments, and governance or reporting-calendar updates such as fiscal year changes. Coverage also reflects the Fund’s role within XA Investments’ listed closed-end fund platform.

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XA Investments (NASDAQ:MCN) appointed Lauren Michalak as managing director and head of product development & strategy, effective March 26, 2026. Michalak will lead product work for proprietary closed-end funds and support interval fund consulting and research clients.

She brings 20 years at Nuveen, has helped raise over $15 billion, led strategy for a responsible investing business representing over $100 billion AUM, and holds an MBA from Chicago Booth plus FINRA Series 79, 7, and 63 licenses.

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XAI Madison Equity Premium Income Fund (NYSE: MCN) declared a monthly distribution of $0.060 per share, payable April 1, 2026, to shareholders of record on March 16, 2026. The distribution amount is unchanged from the prior month.

The Fund says distributions may include net investment income, capital gains, or a return of capital; tax details will be reported on Form 1099 after 2026. The Fund noted potential excise tax rules and that future distributions depend on income, performance, and cash.

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XAI Madison Equity Premium Income Fund (NYSE: MCN) declared a monthly distribution of $0.060 per share, payable March 2, 2026, to shareholders of record on February 17, 2026. The distribution amount is unchanged from the prior month.

The fund noted distributions may be paid from net investment income, capital gains, and/or return of capital; tax details will be reported on Form 1099 after 2026 year-end.

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XAI Madison Equity Premium Income Fund (NYSE: MCN) will host its Q4 2025 quarterly webinar on February 3, 2026 at 11:00 AM ET. Kimberly Flynn of XA Investments will moderate a Q&A with portfolio managers Ray Di Bernardo and Drew Justman from Madison Investments. Registration and replay are available in the Knowledge Bank at xainvestments.com. The Fund seeks current income and gains primarily through large- and mid-cap equity holdings and ongoing covered call option writing; results are not guaranteed.

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XA Investments (MCN) launched the XAI Interval Fund Credit Index (INTVL-C) on Jan 8, 2026 to track non-listed closed-end interval and tender offer funds with majority allocations to alternative credit strategies.

The index is a daily total-return benchmark (reinvests distributions), has a base date of Jan 1, 2023, and comprised 58 constituents representing > $79 billion in combined net assets as of Dec 31, 2025. INTVL-C is a credit-focused sub-index of the broader XAI Interval Fund Index (101 constituents) and is calculated and rebalanced quarterly by Indxx, Inc.; ticker on Bloomberg is INTVL-C.

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XA Investments (XAI) announced that the Octagon XAI CLO Income Fund (OCTIX) is now available for purchase by advisers who clear or custody through the Charles Schwab platform as of January 6, 2026. The Fund is an evergreen interval fund with monthly distributions, quarterly repurchases, and a daily NAV. The Fund's investment objective is to provide high income and total return and it invests at least 80% of assets in CLO securities, including CLO debt tranches and CLO equity. OCTIX is available for electronic ticketing on Schwab under the ticker OCTIX (Class I) and OCTAX (Class A). Contact info@xainvestments.com or 888-903-3358 for more information.

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XAI Madison Equity Premium Income Fund (NYSE: MCN) declared a $0.060 per share regular monthly distribution, payable January 30, 2026 to holders of record on January 15, 2026. The distribution amount is unchanged from the prior month. The Fund moved from quarterly to monthly distributions effective April 1, 2025 to help investor cash flow. The Fund noted distributions may come from net investment income, capital gains, or a return of capital and tax characteristics will be reported on Form 1099 after 2026 year-end. The Fund is subject to a 4% excise tax if required distributions are not made by year-end.

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XA Investments (MCN) will expand its XAI Interval Fund Index™ suite with a new sub-index, the XAI Interval Fund Credit Index™ (INTVL-C), expected to launch in Q1 2026. INTVL-C is a total return benchmark that tracks alternative credit non-listed closed-end interval and tender offer funds with majority credit allocations and currently consists of 54 constituents. The sub-index factors in credit elements such as distribution reinvestments, is calculated on a net total return basis, is calculated daily and rebalanced quarterly, and is maintained by Indxx, Inc. XAI positions INTVL-C as a dedicated benchmark to improve comparisons and risk assessment among credit interval funds.

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XAI Madison Equity Premium Income Fund (NYSE: MCN) declared a monthly distribution of $0.060 per share, payable on December 31, 2025 to shareholders of record as of December 15, 2025 (ex‑dividend date December 15, 2025). The distribution amount is unchanged from the prior month.

The Fund converted its distribution frequency from quarterly to monthly effective with the April 1, 2025 declaration. Distributions may be paid from net investment income, capital gains and/or a return of capital; final tax treatment will be reported on Form 1099 after 2025 year end. The Fund is subject to a 4% excise tax if certain annual distribution thresholds are not met.

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XAI Madison Equity Premium Income Fund (NYSE: MCN) announced its board of trustees has changed the fund fiscal year end from December 31 to September 30, effective immediately. The change aligns the fund's reporting calendar with other funds in the fund complex.

In connection with the change, the fund expects to file a Transition Report on Form N-CSR covering the nine-month transition period from January 1, 2025 through September 30, 2025.

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FAQ

What is the current stock price of XAI Madison Equity Premium Income Fund (MCN)?

The current stock price of XAI Madison Equity Premium Income Fund (MCN) is $5.67 as of August 13, 2026.

What is the market cap of XAI Madison Equity Premium Income Fund (MCN)?

The market cap of XAI Madison Equity Premium Income Fund (MCN) is approximately 119.0M.