Is XAI Madison Equity Premium Income Fund (MCN) a Buy, Sell, or Hold?
NYSE : MCN
XAI Madison Equity Premium Income Fund
$5.58 USD
-$0.01 (-0.18%)
- Volume
- 27.76K
- Average Volume
- 68.1K
- Market Capitalization
- $117.14M
- P/E Ratio
- 9.79
- Dividend Yield
- 12.90%
- Price Target
- Year High
- $6.39
- Year Low
- $5.46
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.00
Company Overview
NYSE
Kevin Robinson
Asset Management
Financial Services
MCN
N/A
US
USD
800-767-0300
557437100
0001289868
Liquidity Metrics
0.00
0.00
0.00
0.00
0.00
Sales & Valuation
$13.07M
8.96
0.86
0.00
0.00
Profitability
$0.57
$12.04M
92.06%
92.06%
8.88%
8.57%
P/E Metrics
9.79
0.08
0.08
Analyst Price Target & Rating
3/5
0 Analysts
%
Financial Health Scores
19.21
4/9
$13.68M
$140.47M
$3.73M
$14.76M
Key Metrics (TTM)
$103.65M
7.93
7.89
0.00
8.88%
8.57%
10.21%
0.00%
$9.11
5 days
Company Executives
| Name | Title |
|---|---|
| Patrick Ryan | Portfolio Manager |
| Kevin Robinson | Chief Executive Officer |
Poll Results
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About XAI Madison Equity Premium Income Fund (NYSE:MCN) Stock
The XAI Madison Equity Premium Income Fund operates as a closed-end investment vehicle. Its core mission is to generate significant current income and immediate profits, with a complementary objective of achieving long-term capital appreciation. This fund was established on May 6, 2004, and maintains its principal office in Madison, Wisconsin. ...
XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share
2026-07-01 16:15:00
CHICAGO, July 01, 2026 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund”) has declared its regular monthly distribution of $0.060 per share on the Fund's common shares (NYSE: MCN), payable on August 3, 2026, to common shareholders of record as of July 15, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.060 per share.
XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share
2026-06-01 16:15:00
CHICAGO, June 01, 2026 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund”) has declared its regular monthly distribution of $0.060 per share on the Fund's common shares (NYSE: MCN), payable on July 1, 2026, to common shareholders of record as of June 15, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.060 per share.
MCN: Discount Now Makes This A More Appealing Choice (Upgrade)
2026-05-22 14:53:57
XAI Madison Equity Premium Income Fund currently trades at an 8.86% discount, with a 12.29% distribution yield and a monthly payout schedule. MCN's performance has lagged the broader equity market, with flat NAV returns since our last coverage. The fund offers a generally more balanced, value-oriented portfolio with sector diversification and a covered call strategy, underweighting technology relative to the S&P 500.
XA Investments Launches Custom GenAI Tool for Interval Fund Market Research
2026-05-20 10:00:00
CHICAGO, May 20, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC, a Chicago-based alternative investment management and consulting firm, announced the availability of the firm's first generative artificial intelligence capability for its consulting clients and research subscribers. XA Investments built YOGI, a proprietary GenAI research tool designed to transform how business development and product strategists analyze competitor funds and design new evergreen products for the private wealth marketplace.
XAI Madison Equity Premium Income Fund (MCN) Q1 2026 Earnings Call Transcript
2026-05-05 19:21:13
XAI Madison Equity Premium Income Fund (MCN) Q1 2026 Earnings Call Transcript
2026-05-05 09:30:00
Reflects XA Investments Continued Focus on Evergreen Alternative Investment Funds Reflects XA Investments Continued Focus on Evergreen Alternative Investment Funds
XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share
2026-05-01 16:15:00
CHICAGO, May 01, 2026 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund”) has declared its regular monthly distribution of $0.060 per share on the Fund's common shares (NYSE: MCN), payable on June 1, 2026, to common shareholders of record as of May 15, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.060 per share.
Covered Call ETFs: Boosting Your Dividend Income Strategy
2026-04-29 11:05:00
A covered call ETF holds a basket of dividend-paying stocks while simultaneously selling call options on those same holdings. In return, you get paid a premium. That premium is extra income on top of your regular dividends. Covered call funds work best when stock prices are stable or rising slowly. If the stock price shoots up dramatically, your shares might get called away at the strike price. You miss out on that extra gain. That's the one caveat to covered call ETFs - you cap your upside.
Frequently Asked Questions
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What is the current XAI Madison Equity Premium Income Fund (MCN) stock price?
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XAI Madison Equity Premium Income Fund(NYSE:MCN) stock price is $5.58 in the last trading session. During the trading session, MCN stock reached the peak price of $6.39 while $5.46 was the lowest point it dropped to. The percentage change in MCN stock occurred in the recent session was --0.18% while the dollar amount for the price change in MCN stock was -$0.01.
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MCN's industry and sector of operation?
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The NYSE listed MCN is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of MCN?
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Patrick Ryan | Portfolio Manager
Kevin Robinson | Chief Executive Officer
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How many employees does MCN have?
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Number of MCN employees currently stands at None. MCN operates from 550 Science Drive, Madison, WI 53711, US.
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Link for MCN official website?
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Official Website of MCN is: https://www.madisonfunds.com/individual/madison-covered-call-and-equity-strategy-fund
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How do I contact MCN?
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MCN could be contacted at phone #800-767-0300 and can also be accessed through its website. MCN operates from 550 Science Drive, Madison, WI 53711, US.
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How many shares of MCN are traded daily?
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The average number of MCN shares traded daily for last 3 months was 68.1K.
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What is the market cap of MCN currently?
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The market value of MCN currently stands at $117.14M with its latest stock price at $5.58