XAI Madison Equity Premium Income Fund
A closed-end fund writing covered calls on stocks to generate income and gains.
MCN | US
Overview
Corporate Details
- ISIN(s):
- N/A
- LEI:
- Country:
- United States of America
- Address:
- 321 NORTH CLARK STREET, 60654 CHICAGO
- Website:
- https://xainvestments.com/mcn/
Description
XAI Madison Equity Premium Income Fund (MCN) is a closed-end fund with a primary investment objective of providing a high level of current income and gains, and a secondary objective of long-term capital appreciation. The fund invests in an actively managed portfolio of primarily large and mid-capitalization stocks selected based on a 'Growth-at-a-Reasonable-Price' philosophy. A core component of its strategy is the consistent writing of covered call options on the majority of individual stocks in the portfolio to generate income from option premiums. This active approach to both stock selection and the single-stock option overlay differentiates the fund from passive, index-based covered call strategies. The fund's day-to-day portfolio is managed by its sub-advisor, Madison Investments, which has over two decades of experience with covered call strategies.
Unlock This Filing & Millions More
You're one step away from the data you need. Create a free account to instantly view this filing and get access to powerful research tools.
Filings
| Date | Filing | Language | Size | Actions | |
|---|---|---|---|---|---|
| No filings match the current criteria. | |||||
Automate Your Workflow. Get a real-time feed of all XAI Madison Equity Premium Income Fund filings delivered via API.
Market Data
Market Data Not Available
Financials & KPIs
Unlock Full Financials for XAI Madison Equity Premium Income Fund
This data is available as part of our premium data solutions. Contact our team for access.
Need More History? Access decades of standardized financials for XAI Madison Equity Premium Income Fund via our API.
Insider Transactions
| Date | Insider Name | Position | Type | Shares | Value |
|---|---|---|---|---|---|
| No insider transactions recorded for this company. | |||||
Peer Companies
