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XAI Madison Equity Premium Income Fund Stock Price, News & Analysis

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 (MCN) provides investors with timely updates on its covered call strategy and income-focused initiatives through this centralized news hub. Access official press releases, financial reports, and strategic announcements from the closed-end fund known for balancing monthly distributions with capital appreciation potential.

This resource delivers essential information for monitoring MCN's active management decisions, including earnings results, portfolio adjustments, and distribution policy updates. Investors will find detailed coverage of the fund's option writing activities, equity selection processes, and risk management approaches.

Key updates regularly featured include quarterly earnings disclosures, changes to monthly distribution rates, strategic partnerships with XA Investments, and analyses of market positioning within the closed-end fund sector. All content is verified through primary sources to ensure accuracy and regulatory compliance.

Bookmark this page for direct access to MCN's latest communications. Combine these updates with the fund's SEC filings and investor materials for comprehensive due diligence. Check back frequently for new developments impacting income generation strategies and equity market exposure.

Rhea-AI Summary

Madison Investments announced the launch of the Madison Sustainable Equity Fund, aimed at long-term capital appreciation through investments in large-cap companies that prioritize sustainability. Managed by Maya Bittar and Dave Geisler, the fund leverages their 52 years of combined experience in sustainability-focused investment strategies. Madison has also signed the UN Principles for Responsible Investment, reinforcing its commitment to environmental, social, and governance factors in investment decisions. The fund offers class Y (MFSYX) and class I shares (MFSIX) with minimum investments of $1,000 and $250,000, respectively.

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The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) has declared a quarterly dividend of $0.18 per share, payable on December 30, 2021, to shareholders of record as of December 16, 2021. The ex-dividend date is set for December 15, 2021. The Fund aims to generate current income and capital gains through investments in common stocks and by writing covered call options. Market conditions can significantly influence future dividend prospects.

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Rhea-AI Summary

The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) has declared a quarterly dividend of $0.18 per share, payable on September 30, 2021, to shareholders of record as of September 16, 2021. The ex-dividend date is set for September 15, 2021. The Fund aims to generate current income and capital gains through a portfolio of common stocks and an option strategy primarily involving covered call options. Market fluctuations may influence future dividends due to changes in total assets.

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Madison Investments Holdings has successfully acquired the Milwaukee-based Reinhart Fixed Income Team, significantly enhancing its investment management portfolio. This transaction adds approximately $4.6 billion in assets, raising Madison's total assets under management to nearly $23 billion, with $12.5 billion specifically in fixed income strategies. The acquisition, announced earlier in March 2021, aligns with Madison's strategic vision to assert its leadership in the money management sector while focusing on exceptional client experiences.

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The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) has declared a quarterly dividend of $0.18 per share, payable on June 30, 2021. Shareholders of record as of June 16, 2021 will receive this dividend, with the ex-dividend date set for June 15, 2021. The Fund aims for high current income and capital gains while investing predominantly in common stocks and utilizing a covered call option strategy. Market fluctuations can influence future dividends.

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The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) has corrected its net asset value (NAV) from $7.33 to $7.50 due to an administrative error occurring on March 22, 2021. The Fund aims for high current income and capital gains, with a focus on common stocks and covered call options to generate income. Market fluctuations can impact dividend issuance, which is influenced by changes in the Fund's total assets. More details can be found on the Fund's website.

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The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) has declared a quarterly dividend of $0.18 per share, payable on March 31, 2021, to shareholders of record as of March 16, 2021. The ex-dividend date is set for March 15, 2021. The Fund aims for high current income and capital gains through investments in common stocks and by employing a covered call option strategy. Future dividend prospects may be influenced by market conditions affecting the Fund's total assets.

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The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) has announced a quarterly dividend of $0.18 per share, payable on December 30, 2020. Shareholders of record as of December 16, 2020 will receive this dividend, with the ex-dividend date set for December 15, 2020. The Fund aims to provide high current income and capital gains through investments in common stocks and covered call options. Future dividend amounts may fluctuate based on changes in total assets and market conditions. For more information, visit www.madisonfunds.com.

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Rhea-AI Summary

The Madison Covered Call and Equity Strategy Fund (NYSE: MCN) has declared a quarterly dividend of $0.18 per share, payable on September 30, 2020. Shareholders of record as of September 16, 2020 will receive this dividend, with the ex-dividend date set for September 15, 2020. The Fund aims for a high level of current income and capital gains through investing in common stocks and employing a covered call option strategy. Market fluctuations may impact future dividend prospects.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
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dividends
Rhea-AI Summary

The Madison Covered Call and Equity Strategy Fund (NYSE: MCN) has declared a quarterly dividend of $0.18 per share, payable on June 30, 2020. Shareholders of record as of June 16, 2020 will receive the dividend, with the ex-dividend date set for June 15, 2020. The Fund aims to provide a high level of current income and capital gains through investments in common stocks and an option strategy, primarily involving covered call options. Market conditions will impact future dividend issuances.

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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 $5.7 as of May 2, 2025.

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 117.0M.
XAI Madison Equity Premium Income Fund

NYSE:MCN

MCN Rankings

MCN Stock Data

116.99M
21.09M
0.01%
16.35%
0.14%
Asset Management
Financial Services
Link
United States
Madison