New York, NY – October 1, 2025 – The XAI Madison Premium Income Fund (NYSE: MCN), a closed-end fund focused on generating high current income, has announced a monthly distribution of $0.060 per share. This declaration, made today, October 1, 2025, continues the fund's commitment to providing consistent income to its
Madison Covered Call & Equity Strategy Fund (the “Fund”) has declared its regular quarterly distribution of $0.18 per share on the Fund’s common shares (NYSE: MCN), payable on December 31, 2024, to shareholders of record as of December 17, 2024, as noted below. The amount of the distribution represents no change from the previous quarter’s distribution amount of $0.18 per share.
Madison Covered Call & Equity Strategy Fund (NYSE: MCN) (“MCN” or the “Fund”) announced three significant changes today. The Fund appointed XA Investments LLC (“XAI”) as its investment adviser, and it also retained Madison Asset Management, LLC (“Madison”) as its sub-adviser. Additionally, the Fund announced that it would change its corporate name to XAI Madison Equity Premium Income Fund. The Fund expects to trade under its new name on or around December 9, 2024, and it will retain its current New York Stock Exchange ticker MCN.
This morning 792 companies reached new 52-week highs.
Points of Interest:
JPMorgan Chase (NYSE: JPM) was the largest company by market cap to set a new 52-week high.
The...
Friday's morning session saw 420 companies set new 52-week highs.
Intriguing Points:
The largest company by market cap to set a new 52-week high was Microsoft (...
During Monday's morning session, 212 companies made new 52-week highs.
Points of Interest:
Microsoft (NASDAQ:MSFT) was the largest company by market cap to set...
During a special meeting on October 15, 2024 (the “Special Meeting”), shareholders of the Madison Covered Call & Equity Strategy Fund (NYSE: MCN) (“MCN” or the “Fund”) approved multiple important proposals:
