XAI Madison Equity Premium Income Fund

XAI Madison Equity Premium Income Fund Will Host its Q3 2026 Quarterly Webinar on November 5, 2026

XAI Madison Equity Premium Income Fund (NYSE: MCN) will host its Q3 2026 quarterly webinar on November 5, 2026 at 11:00 am ET. Kimberly Flynn of XA Investments will moderate a Q&A session with Madison Investments portfolio managers Ray Di Bernardo and Drew Justman; a replay will be posted on xainvestments.com. No results or corporate actions were announced -- this is purely a scheduling notice ahead of the Q3 update call.

•4d ago

XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share

XAI Madison Equity Premium Income Fund (NYSE: MCN) declared its regular monthly distribution of $0.060 per share, unchanged from the prior month. The distribution is payable November 2, 2026 to shareholders of record as of October 15, 2026, with an ex-dividend date of October 15, 2026. The release notes distributions may include net investment income, capital gains, and/or return of capital, with future distributions at the Board's discretion and no assurance of continuation.

•25d ago

XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share

XAI Madison Equity Premium Income Fund declared a regular monthly distribution of $0.060 per share, payable October 1 to shareholders of record September 15. The distribution amount is unchanged from the prior month and consists of net investment income, capital gains, or return of capital. The Fund employs a covered call strategy to generate income and is advised by XA Investments with sub-advisory services from Madison Investments.

•1mo ago

XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share

XAI Madison Equity Premium Income Fund declared a regular monthly distribution of $0.060 per share, unchanged from the previous month. The distribution is payable on September 1, 2026, to shareholders of record as of August 17, 2026, which is also the ex-dividend date. The Fund aims to achieve high current income by investing in common stocks and utilizing a covered call option strategy.

•2mo ago

MCN Adjourns Special Meeting of Shareholders Until August 26, 2026

The XAI Madison Equity Premium Income Fund adjourned its Special Meeting of Shareholders due to a lack of quorum. The meeting has been rescheduled for August 26, 2026, to secure votes on a proposal to approve a new sub-advisory agreement. The Board of Trustees recommends shareholders vote 'FOR' the proposal and has provided instructions for voting by internet, phone, or mail.

•2mo ago

XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share

XAI Madison Equity Premium Income Fund declared a regular monthly distribution of $0.060 per share, payable on August 3, 2026. The distribution amount is unchanged from the previous month, with a record and ex-dividend date of July 15, 2026. Distributions may be sourced from net investment income, capital gains, or a return of capital.

•3mo ago

MCN: DEF 14A · proxy statement

XAI Madison Equity Premium Income Fund (MCN) has issued a proxy statement for a special shareholder meeting on July 30, 2026, to vote on a proposal adding PineBridge Investments LLC as a new sub-adviser. The Board of Trustees, including independent trustees, unanimously recommends approval of the PineBridge Sub-Advisory Agreement. The addition of PineBridge aims to optimize the Fund’s strategy by supplementing its existing covered call equity strategy with a dedicated preferred equity securities strategy. Madison Asset Management will continue managing the covered call equities sleeve, while PineBridge will manage the preferred equity sleeve. The Fund anticipates allocating 20% to 30% of managed assets to the preferred equity strategy and 70% to 80% to the covered call equities strategy under normal conditions. The investment advisory fee paid by the Fund to XA Investments LLC will remain unchanged at 0.80% of average daily managed assets. XAI will pay PineBridge a sub-advisory fee of 0.35% on the average daily assets it manages. There are 20,993,470 common shares outstanding as of the June 2, 2026 record date.

SEC DEF 14A•4mo ago

XAI Floating Rate & Alternative Income Trust and XAI CLO & Income Opportunities Fund to Host Webinar Covering Important Fund Updates

XAI Floating Rate & Alternative Income Trust (XFLT) and XAI CLO & Income Opportunities Fund (OCTIX) will host a webinar on June 30, 2026, to discuss proposed sub-advisory agreements with King Street Capital Management. The Boards of Trustees for both funds have unanimously approved the King Street Sub-Advisory Agreement and are recommending shareholders vote in favor of the proposal. This release is issued by XA Investments, the adviser to XFLT and OCTIX. The primary ticker MCN (BlackRock MuniHoldings New York Quality Fund) is not involved in this transaction and is likely included in the input due to a data association error or broad sector tagging.

•4mo ago

XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share

XAI Madison Equity Premium Income Fund (MCN) declared a monthly distribution of $0.060 per share, payable July 1, 2026, to shareholders of record on June 15, 2026. The distribution amount remains unchanged from the previous month, reflecting the fund's strategy of maintaining stable quarterly payouts. The release notes that distributions may include a return of capital, which is not taxable but reduces the shareholder's tax basis.

•4mo ago

XA Investments Launches Custom GenAI Tool for Interval Fund Market Research

XA Investments, the investment adviser for MCN, launched YOGI, a proprietary generative AI research tool for the interval fund market. The tool is built in partnership with RavenPack and aims to help clients analyze competitor funds and design new products. While the interval fund market has grown 25% annually, this product launch is a consulting service enhancement for XA’s B2B clients and does not directly alter MCN’s investment strategy, portfolio, or financial results.

•5mo ago

XA Investments to Become Adviser to Evanston Capital Alternative Investment Fund and Retain Evanston as Portfolio Manager

XA Investments LLC (XAI), the investment adviser to MCN, announced that it will become the investment adviser to the Evanston Multi-Alpha Fund, a $91 million closed-end tender offer fund. The new advisory agreement, subject to board and shareholder approvals, would expand XAI's fund complex from three to four funds while retaining Evanston Capital as the portfolio manager. Evanston Capital currently manages approximately $4.4 billion in hedge fund products, and the partners intend to convert the Fund to a daily NAV interval fund in the first half of 2027.

•5mo ago

XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share

XAI Madison Equity Premium Income Fund declared a monthly distribution of $0.060 per share, payable on June 1, 2026 to shareholders of record on May 15, 2026. The amount represents no change from the prior month, with the fund noting that distributions may include net investment income, capital gains, or a return of capital. Madison Investments, an affiliated firm mentioned in the release, reported approximately $29.3 billion in assets under management as of December 31, 2025.

•5mo ago