Core Points - XAI Madison Equity Premium Income Fund has changed its fiscal year end to September 30 from December 31 to align with other funds in its complex [1] - The Fund will file a Transition Report on Form N-CSR for the nine-month period from January 1, 2025, to September 30, 2025 [2] Company Overview - XA Investments LLC serves as the investment adviser for the Fund and was founded in 2016 by XMS Capital Partners [3] - XA Investments manages two listed closed-end funds and one interval closed-end fund, all of which are available on the New York Stock Exchange [3] - The firm also provides investment fund structuring and consulting services focused on registered closed-end funds [4] - XA Investments aims to provide individual investors access to institutional-caliber alternative investment strategies [5] Additional Company Information - XMS Capital Partners, established in 2006, offers M&A, corporate advisory, and asset management services with offices in Chicago, Boston, and London [6] - Madison Investments, founded in 1974, manages approximately $29.6 billion in assets as of September 30, 2025, and is recognized as a top investment firm [7] - Madison Investments offers a variety of investment management strategies, including domestic fixed income and international equity [7]

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]