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.
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.
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.
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.
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.
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.
XAI Madison Equity Premium Income Fund (NYSE: MCN) declared a regular monthly distribution of $0.060 per common share, payable on December 1, 2025 to shareholders of record as of November 17, 2025. The distribution amount is unchanged from the prior month.
The Fund changed its distribution cadence from quarterly to monthly effective with the April 1, 2025 declaration. Distributions may consist of net investment income, capital gains and/or a return of capital; tax characteristics will be reported on Form 1099 after year-end 2025. The Fund noted excise tax rules and said future distributions depend on net investment income, performance and available cash.
XAI Madison Equity Premium Income Fund (NYSE: MCN) will host its Q3 2025 Quarterly Webinar on November 6, 2025 at 11:00 AM ET. The Q&A style session will be moderated by Jared Hagen, Vice President at XA Investments, with Kimberly Flynn, President at XAI, and Ray Di Bernardo, Portfolio Manager at Madison Investments.
Investors can register via the Knowledge Bank at xainvestments.com and may use the listed telephone numbers for audio. Webinar ID: 816 6845 2994. A replay will be available in the Knowledge Bank.
The Fund's primary objective is to provide a high level of current income and gains, with secondary capital appreciation, primarily by investing in large and mid-cap stocks and selling covered call options. There is no assurance the Fund will meet its objectives.
XA Investments (NYSE: XFLT) will host a webinar on October 23, 2025 at 4:30 PM ET to discuss recent developments in the CLO and leveraged loan market. Kevin Davis, Managing Director, will moderate with speakers Kimberly Flynn, President, and Ben McCulloch, Managing Director.
The firm serves as investment advisor to XAI Octagon Floating Rate & Alternative Income Trust (XFLT) and Octagon XAI CLO Income Fund (OCTIX). Participants can register online or join audio via provided phone numbers using Webinar ID 810 9429 6035. A replay will be available in the Knowledge Bank at xainvestments.com.
XA Investments (XFLT) published its Third Quarter 2025 market update reporting a milestone 304 interval and tender offer funds and combined $215 billion in net assets ($252 billion total managed assets) as of Sept 30, 2025. The market now comprises 158 interval funds ($145.9B) and 146 tender offer funds ($105.7B). Q3 saw $19B net-assets growth quarter-over-quarter and 20 new funds launched (70% interval). Q2 net flows were positive at over $13B with 63% of funds reporting inflows. Suitability restrictions are easing: 55% of funds have no investor restrictions and 16 funds removed accredited-only limits since Q2 2025.