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XAI Madison Equity Premium Income Fund, ETF

MCN

NYQ

$6.09

+$0

(0%)

Sector: Financial

Price Chart

Key Metrics

Expense Ratio info-icon
The expense ratio is how much you pay a mutual fund or ETF per year, expressed as a percent of your investments. It is a measure of the fund's operating costs relative to assets.
0
Volume info-icon
This is the total number of shares traded during the most recent trading day.
36.91K
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.02%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0

About XAI Madison Equity Premium Income Fund, ETF

XAI Madison Equity Premium Income Fund (the Fund), formerly Madison Covered Call & Equity Strategy Fund, is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income and gains, with a secondary objective of capital appreciation. The Fund pursues its investment objectives by investing in a portfolio consisting primarily of high quality, large and mid-capitalization stocks that are, in the view of the Fund's Investment sub-adviser, selling at a reasonable price in relation to their long-term earnings growth rates. The Fund invests in an actively managed equity portfolio comprised of individual stocks and covered call options. It has investments in the sectors, such as health care, consumer staples, energy, financials, consumer discretionary, information technology, communication services, and others. Its investment advisor is XA Investments LLC. Its investment sub-adviser is Madison Investments, LLC. more

Sector: Financial

Returns

Time FrameMCNS&P500
1-Week Return0.5%1.93%
1-Month Return16%15.64%
3-Month Return-5.73%-3.09%
6-Month Return-13.62%0.66%
1-Year Return-16.35%12.13%
3-Year Return-9.64%52.62%
5-Year Return8.17%103.43%
10-Year Return-26.89%179.8%

Largest Holdings

Stock name Ticker Weight
default-img State Street Institutional US Government Money Market Fund
-
18.2%
default-img Las Vegas Sands Corp.
-
4.76%
default-img Transocean Ltd.
-
4.36%
default-img Adobe, Inc.
-
3.92%
default-img Baker Hughes Co.
-
3.58%
default-img T-Mobile U.S., Inc.
-
3.17%
default-img Medtronic PLC
-
3.11%
default-img JPMorgan Chase Co.
-
3.05%
default-img CME Group, Inc.
-
2.92%
default-img Elevance Health, Inc.
-
2.71%

Sector Breakdown

Sector Weight
Information Technology
20.56%
Health care
16.75%
Consumer staples
15.16%
Energy
10.46%
Financials
8.37%
All Others
28.70%

FAQs

What is XAI Madison Equity Premium Income Fund (MCN) ETF share price today?

XAI Madison Equity Premium Income Fund (MCN) share price today is $6.09.

Can Indians buy XAI Madison Equity Premium Income Fund shares?

Yes, Indians can buy shares of XAI Madison Equity Premium Income Fund (MCN) on Vested. To buy MCN from India, you can open a US Brokerage account by signing up on Vested. The account opening process is completely digital and secure, and takes 3-5 minutes to complete.

Can Fractional shares of XAI Madison Equity Premium Income Fund be purchased?

Yes, you can purchase fractional shares of XAI Madison Equity Premium Income Fund (MCN) on Vested. You can start investing in XAI Madison Equity Premium Income Fund (MCN) with a minimum investment of $1.

How to invest in XAI Madison Equity Premium Income Fund shares from India?
  • Click on Sign Up or Invest in MCN ETF at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in XAI Madison Equity Premium Income Fund shares
What is XAI Madison Equity Premium Income Fund's ticker or symbol?

The stock symbol (or ticker) of XAI Madison Equity Premium Income Fund is MCN.

Can I set up automatic investments (SIP) in XAI Madison Equity Premium Income Fund shares?

Yes, you can setup SIP in XAI Madison Equity Premium Income Fund shares. Follow the below steps to create the SIP:

  • Sign up on Vested and complete your KYC for US Stocks
  • Transfer funds to your US Stocks account
  • Navigate to MCN ticker page and set up your recurring investment
What is the historical performance of XAI Madison Equity Premium Income Fund ETF?

Here is the historical performance of MCN on the Vested app.

  • 1-Year Return: -16.35%
  • 3-Year Return: -9.64%
  • 5-Year Return: 8.17%
  • 1-Week Return: 0.5%
  • 1-Month Return: 16%
  • 3-Month Return: -5.73%

You can also access the top holdings, the expense ratio, and the sector breakdown for XAI Madison Equity Premium Income Fund on Vested.

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