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.
XAI Madison Equity Premium Income Fund (NYSE: MCN) declared a monthly distribution of $0.060 per share, payable June 1, 2026, to shareholders of record May 15, 2026 (ex-dividend May 15). The distribution amount is unchanged from the prior month. The fund warns distributions may include return of capital; tax details to follow on Form 1099.
The fund pursues income by holding common stocks and writing covered call options; it is subject to excise tax rules if distributions fall short of required minimums.
XAI Madison Equity Premium Income Fund (NYSE: MCN) will host its Q1 2026 quarterly webinar on May 5, 2026 at 12:00 pm ET. Kimberly Flynn, President at XA Investments, will moderate a Q&A with portfolio managers Ray Di Bernardo and Drew Justman.
Registration and a replay are available via the Knowledge Bank at xainvestments.com. The Fund seeks a high level of current income and gains, with secondary capital appreciation, primarily by holding large- and mid-cap stocks and selling covered call options.
XAI Madison Equity Premium Income Fund (NYSE: MCN) declared a monthly distribution of $0.060 per share, payable May 1, 2026, to shareholders of record as of April 15, 2026. The distribution amount is unchanged from the prior month.
The Fund noted distributions may include net investment income, capital gains or a return of capital; final tax characterization will be reported on Form 1099 after 2026. The Fund reiterated its objective and covered-call strategy and warned distributions are subject to Board declaration and available cash.
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.
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.
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.
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.
XA Investments (MCN) published its Fourth Quarter 2025 Market Update on non-listed closed-end funds, reporting the interval and tender offer fund market reached 308 funds and $233 billion in net assets at year-end.
Key figures: 158 interval funds (57% of assets, $156.1B), 150 tender offer funds ($119.9B), 67 new funds launched in 2025 (vs 50 in 2024), and $61 billion of market-wide net asset growth in 2025. The report notes 159 unique sponsors (up 13) and that 36% of 2025 launches were by new sponsors. XAI flagged slower Q4 launches and an SEC registration backlog tied to a government shutdown, and forecast continued growth and more evergreen specialty structures in 2026.
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.
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.