MCN - XAI Madison Equity Premium Income Fund
XAI Madison Equity Premium Income Fund operates as a closed-end investment fund. Its investment objective is to provide a high level of current income and current gains, with a secondary objective of long-term capital appreciation. The company was founded on May 6, 2004 and is headquartered in Madison, WI.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $123.1M
- P/E Ratio
- 10.23
- Beta
- 0.69
- 52-Week Range
- 5.65-6.39
- Dividend Yield
- $0.72
- IPO Date
- Aug 2, 2004
- Exchange
- NYSE
Frequently asked MCN overview questions
- What is MCN?
- MCN is the ticker symbol for XAI Madison Equity Premium Income Fund, a listed mutual fund. XAI Madison Equity Premium Income Fund operates as a closed-end investment fund. Its investment objective is to provide a high level of current income and current gains, with a secondary objective of long-term capital appreciation. Listed on NYSE. MCN is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What are MCN's key statistics?
- XAI Madison Equity Premium Income Fund (MCN) carries a market capitalization of $123.1M, 52-week range of 5.65-6.39. Daily price and reference data are accessible from the chart view; these structural inputs frame how downstream analytics (volatility, term structure, derived metrics) interpret the underlying instrument.
- What sector or industry does MCN belong to?
- XAI Madison Equity Premium Income Fund operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare MCN's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the MCN data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for MCN, it usually reflects low options liquidity or a recently listed name. Fund-level fields refresh from the vendor feed nightly. Registered investment-company filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence; daily NAV is published by the sponsor after the close.