XAI Madison Equity Premium Income Fund - MCN STOCK NEWS

Madison Investments transfers majority ownership to senior management and employees, reinforcing commitment to independence and long-term focus.

Madison Investments, an independently-owned investment firm, has launched its first exchange-traded fund (ETF), the Madison Dividend Value ETF. The actively-managed, income-oriented ETF is part of Madison Investments' new ETF suite, which aims to help investors pursue income and capital appreciation. The firm plans to expand its suite with the launch of three more ETFs in the coming weeks. The Madison Dividend Value ETF targets current income production and capital appreciation by investing in high-quality companies with strong balance sheets and durable competitive advantages. It is managed by an experienced team and has an expense ratio of 0.65%.

The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) has announced its quarterly dividend of $0.18 per share, payable on March 31, 2023, to shareholders of record on March 16, 2023. The ex-dividend date is set for March 15, 2023. This Fund aims to achieve high current income and capital gains by investing in common stocks and employing a covered call option strategy. The Fund's performance may depend on market conditions and changes in total assets, impacting future dividend prospects. Further details can be found on the Fund's website.

The Madison Covered Call and Equity Strategy Fund (NYSE: MCN) has declared a quarterly dividend of $0.18 per share, payable on December 29, 2022, to shareholders on record as of December 16, 2022. The ex-dividend date is set for December 15, 2022. The Fund aims to generate a high level of current income and capital gains, primarily by writing covered call options on its stock portfolio. However, future dividends may vary based on market conditions and the Fund's total assets.

The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) has declared a quarterly dividend of $0.18 per share, payable on September 30, 2022, to shareholders of record on September 16, 2022. The ex-dividend date is September 15, 2022. This fund aims for high current income and capital gains through a strategy of investing in common stocks and writing covered call options. It's important to note that market conditions can influence future dividend distributions, reflecting the fund's total assets.

The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) announced an administrative error leading to an overstatement of its Net Asset Value (NAV) by $0.04 for the period of June 15-21, 2022. The correct NAV values were lower than previously reported, with significant adjustments seen on June 15, 16, 17, and 21. The Fund aims to generate high current income and gains via covered call options and dividends. Market fluctuations can affect future dividend prospects. The Fund’s filings with the SEC disclose risk factors that may impact actual results versus projections.

The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) has declared a quarterly dividend of $0.18 per share. This dividend will be payable on June 30, 2022, to shareholders of record as of June 16, 2022, with an ex-dividend date of June 15, 2022. The Fund aims for high current income and capital gains, primarily through investing in common stocks and writing covered call options. However, the Fund’s future dividends may fluctuate based on market conditions and total asset levels.

The Madison Covered Call and Equity Strategy Fund (MCN) has declared a quarterly dividend of $0.18 per share. This dividend will be payable on March 31, 2022, to shareholders on record as of March 16, 2022, with the ex-dividend date set for March 15, 2022. MCN's investment objective focuses on achieving a high level of current income and capital gains by investing in common stocks and employing an option strategy, primarily through covered calls. Market fluctuations can influence future dividend prospects.