CHICAGO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund”) (NYSE: MCN), a diversified, closed-end management investment company, today announced that its board of trustees has determined to change its fiscal year end to September 30 from December 31, effective immediately. The primary purpose of the change is to align the Fund’s reporting calendar with those of other funds in the fund complex. In connection with the fiscal year change, the Fund expects to file a Transitio ...

Group 1 - The XAI Madison Equity Premium Income Fund (NYSE: MCN) is a closed-end fund that appeals to income-seeking investors due to its high yield and equity portfolio [1] - The fund aims to generate a yield of over 7% by investing in energy stocks while minimizing principal loss risk [1] - A two-week free trial is currently being offered for the investment service, providing access to exclusive research and investment ideas [1]

Group 1 - The XAI Madison Equity Premium Income Fund plans to host a Quarterly Webinar on August 7, 2025, at 11:00 am (Eastern Time) [1] - The webinar will be moderated by Jared Hagen, with participation from Kimberly Flynn and Ray Di Bernardo [1] - A replay of the webinar will be available in the Knowledge Bank section of xainvestments.com [2] Group 2 - The Fund's primary investment objective is to provide a high level of current income and gains, with a secondary objective of capital appreciation [3] - The Fund invests primarily in high quality, large and mid-capitalization stocks that are considered reasonably priced relative to their long-term earnings growth rates [3] - The Fund employs a strategy of selling covered call options on its portfolio stocks to generate current earnings from option premiums [3] Group 3 - XA Investments LLC, founded in 2016, serves as the investment adviser for multiple closed-end funds and provides investment fund structuring and consulting services [4] - XMS Capital Partners, established in 2006, offers M&A, corporate advisory, and asset management services with offices in Chicago, Boston, and London [5] - Madison Investments, founded in 1974, manages approximately $28 billion in assets and has expertise in covered call strategies [6]