XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share
XAI Madison Equity Premium Income Fund (NYSE: MCN) has declared its monthly distribution of $0.060 per share on its common shares, maintaining the same amount as the previous month. The distribution will be payable on August 1, 2025, with an ex-dividend date and record date of July 15, 2025.
The Fund recently transitioned from quarterly to monthly distributions, effective from April 1, 2025. Distributions may be sourced from net investment income, capital gains, and/or return of capital. The Fund's primary objective is to achieve high current income and current capital gains, with long-term capital appreciation as a secondary goal. This is pursued through a portfolio of common stocks and an option strategy, primarily writing covered call options.
XAI Madison Equity Premium Income Fund (NYSE: MCN) ha dichiarato la sua distribuzione mensile di 0,060 $ per azione sulle azioni ordinarie, mantenendo lo stesso importo del mese precedente. La distribuzione sarà pagabile il 1 agosto 2025, con data ex-dividendo e data di registrazione fissate al 15 luglio 2025.
Il Fondo è recentemente passato da distribuzioni trimestrali a distribuzioni mensili, a partire dal 1° aprile 2025. Le distribuzioni possono provenire da redditi netti da investimento, plusvalenze e/o restituzione di capitale. L’obiettivo principale del Fondo è ottenere un elevato reddito corrente e plusvalenze correnti, con un apprezzamento del capitale a lungo termine come obiettivo secondario. Questo viene perseguito attraverso un portafoglio di azioni ordinarie e una strategia di opzioni, principalmente mediante la scrittura di opzioni call coperte.
XAI Madison Equity Premium Income Fund (NYSE: MCN) ha declarado su distribución mensual de $0.060 por acción sobre sus acciones comunes, manteniendo el mismo monto que el mes anterior. La distribución será pagadera el 1 de agosto de 2025, con fecha ex-dividendo y fecha de registro el 15 de julio de 2025.
El Fondo recientemente cambió de distribuciones trimestrales a mensuales, con efecto desde el 1 de abril de 2025. Las distribuciones pueden provenir de ingresos netos por inversión, ganancias de capital y/o devolución de capital. El objetivo principal del Fondo es lograr altos ingresos corrientes y ganancias de capital actuales, con una apreciación de capital a largo plazo como objetivo secundario. Esto se realiza mediante una cartera de acciones comunes y una estrategia de opciones, principalmente mediante la venta de opciones call cubiertas.
XAI Madison Equity Premium Income Fund (NYSE: MCN)는 보통주에 대해 주당 0.060달러의 월간 배당금을 선언했으며, 이는 이전 달과 동일한 금액입니다. 배당금 지급일은 2025년 8월 1일이며, 배당락일과 기준일은 2025년 7월 15일입니다.
이 펀드는 2025년 4월 1일부터 분기 배당에서 월간 배당으로 전환하였습니다. 배당금은 순투자소득, 자본이득 및/또는 자본 반환에서 나올 수 있습니다. 펀드의 주요 목표는 높은 현재 수입과 현재 자본 이득을 달성하는 것이며, 장기 자본 증가가 부차적인 목표입니다. 이는 보통주 포트폴리오와 주로 커버드 콜 옵션 작성을 포함한 옵션 전략을 통해 추구됩니다.
XAI Madison Equity Premium Income Fund (NYSE : MCN) a déclaré sa distribution mensuelle de 0,060 $ par action sur ses actions ordinaires, maintenant le même montant que le mois précédent. La distribution sera payable le 1er août 2025, avec une date ex-dividende et une date de référence au 15 juillet 2025.
Le Fonds est récemment passé de distributions trimestrielles à mensuelles, à compter du 1er avril 2025. Les distributions peuvent provenir des revenus nets de placement, des gains en capital et/ou du remboursement de capital. L’objectif principal du Fonds est d’obtenir un revenu courant élevé et des gains en capital actuels, avec une appréciation du capital à long terme comme objectif secondaire. Cela est poursuivi à travers un portefeuille d’actions ordinaires et une stratégie d’options, principalement en émettant des options d’achat couvertes.
XAI Madison Equity Premium Income Fund (NYSE: MCN) hat seine monatliche Ausschüttung von 0,060 $ pro Aktie auf seine Stammaktien erklärt und hält damit den gleichen Betrag wie im Vormonat. Die Ausschüttung wird am 1. August 2025 zahlbar sein, mit Ex-Dividenden- und Stichtag am 15. Juli 2025.
Der Fonds ist kürzlich von vierteljährlichen auf monatliche Ausschüttungen umgestellt worden, wirksam ab dem 1. April 2025. Die Ausschüttungen können aus Nettoanlageerträgen, Kapitalgewinnen und/oder Kapitalrückzahlungen stammen. Das Hauptziel des Fonds ist die Erzielung hoher laufender Erträge und aktueller Kapitalgewinne, wobei die langfristige Kapitalwertsteigerung ein sekundäres Ziel darstellt. Dies wird durch ein Portfolio aus Stammaktien und eine Optionsstrategie verfolgt, hauptsächlich durch das Schreiben von gedeckten Call-Optionen.
- None.
- Distributions may include return of capital, potentially reducing shareholders' tax basis
- Fund's total assets and market action may impact future dividend prospects
CHICAGO, July 01, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund”), has declared its regular monthly distribution of
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.
| Ex-Dividend Date | July 15, 2025 | |
| Record Date | July 15, 2025 | |
| Payable Date | August 1, 2025 | |
| Amount | ||
| Change from Previous Month | No Change | |
The following dates apply to the declaration:
Common share distributions may be paid from net investment income (regular interest and dividends), capital gains and/or a return of capital. The specific tax characteristics of the distributions will be reported to the Fund’s common shareholders on Form 1099 after the end of the 2025 calendar year. Shareholders should not assume that the source of a distribution from the Fund is net income or profit. For further information regarding the Fund’s distributions, please visit www.xainvestments.com.
The Fund’s net investment income and capital gain can vary significantly over time; however, the Fund seeks to maintain more stable common share quarterly distributions over time. The Fund’s final taxable income for the current fiscal year will not be known until the Fund’s tax returns are filed.
As a registered investment company, the Fund is subject to a
The common share distributions paid by the Fund for any particular period may be more than the amount of net investment income from that period. As a result, all or a portion of a distribution may be a return of capital, which is in effect a partial return of the amount a common shareholder invested in the Fund, up to the amount of the common shareholder’s tax basis in their common shares, which would reduce such tax basis. Although a return of capital may not be taxable, it will generally increase the common shareholder’s potential gain, or reduce the common shareholder’s potential loss, on any subsequent sale or other disposition of common shares.
Future common share distributions will be made if and when declared by the Fund’s Board of Trustees, after the evaluation of several factors, including the Fund’s net investment income, financial performance and available cash. There can be no assurance that the amount or timing of common share distributions in the future will be equal or similar to that described herein or that the Board of Trustees will not decide to suspend or discontinue the payment of common share distributions in the future.
The Fund’s objective is to achieve a high level of current income and current capital gains, with long-term capital appreciation as a secondary objective. The Fund intends to pursue its objective by investing in a portfolio of common stocks and utilizing an option strategy, primarily by writing (selling) covered call options on a substantial portion of the common stocks in the portfolio in order to generate current income and gains from option writing premiums and, to a lesser extent, from dividends. Market action can impact dividend issuance as the Fund’s total assets affect the Fund’s future dividend prospects. The Fund provides additional information on its website at www.xainvestments.com.
About XA Investments
XA Investments LLC (“XAI”) serves as the Fund’s investment adviser. XAI is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund. The listed closed-end funds, the XAI Octagon Floating Rate & Alternative Income Trust and XAI Madison Equity Premium Income Fund both trade on the New York Stock Exchange and the interval fund, Octagon XAI CLO Income Fund is available via direct subscription and through select broker/dealers and wealth management platforms.
In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including development and market research, sales, marketing, and fund management.
XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XAI provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com.
About XMS Capital Partners
XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory and asset management services to clients. It has offices in Chicago, Boston and London. For more information, please visit www.xmscapital.com.
About Madison Investments
Madison Investments is an independent investment management firm based in Madison, WI. The firm was founded in 1974, has approximately
Madison and/or Madison Investments is the unifying tradename of Madison Investment Holdings, Inc., Madison Asset Management, LLC, and Madison Investment Advisors, LLC. Madison Funds are distributed by MFD Distributor, LLC. Madison is registered as an investment adviser with the U.S. Securities and Exchange Commission. MFD Distributor, LLC is registered with the U.S. Securities and Exchange Commission as a broker-dealer and is a member firm of the Financial Industry Regulatory Authority www.finra.org.
XAI does not provide tax advice; please consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax.
Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Fund carefully before investing. For more information on the Fund, please visit the Fund’s webpage at www.xainvestments.com.
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
| NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE |
Media Contact:
Kimberly Flynn, President
XA Investments LLC
Phone: 888-903-3358
Email: KFlynn@XAInvestments.com
www.xainvestments.com
FAQ
What is MCN's current monthly distribution amount?
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