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mcn-img

XAI Madison Equity Premium Income Fund, ETF

MCN

NYQ

$6.98

-$0.02

(-0.29%)

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.
51.74K
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

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 current gains, with a secondary objective of long-term capital appreciation. The Fund seeks to pursue its investment objectives by investing primarily in large and mid-capitalization common stocks. Under normal market conditions, the Fund seeks to generate current earnings from option premiums by writing (selling) covered call options on a substantial portion of its portfolio securities. The Fund invests at least 80% of its total assets in common stocks, with at least 65% of its total assets in common stocks of large capitalization issuers. The Fund may invest the remainder of its total assets in companies that meet the Fund's growth and value criteria but whose market capitalization is considered as middle-sized or mid-cap. The Fund’s investment advisor is Madison Asset Management, LLC. more

Sector: Financial

Returns

Time FrameMCNS&P500
1-Week Return-0.99%-0.57%
1-Month Return-0.43%1.21%
3-Month Return-4.51%7.57%
6-Month Return-5.68%11.45%
1-Year Return-4.9%28.48%
3-Year Return-13.93%29.52%
5-Year Return4.02%90.66%
10-Year Return-13.51%203.75%

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
Health care
19.91%
Energy
13.06%
Consumer staples
12.29%
Consumer discretionary
10.49%
Industrials
10.38%
All Others
33.87%

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 $6.98.

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 52-week high and low ETF share price?

The 52-week high price of XAI Madison Equity Premium Income Fund (MCN) is $. The 52-week low price of XAI Madison Equity Premium Income Fund (MCN) is $.

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: -4.9%
  • 3-Year Return: -13.93%
  • 5-Year Return: 4.02%

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

What is the expense ratio of XAI Madison Equity Premium Income Fund?

The expense ratio of XAI Madison Equity Premium Income Fund (MCN) is .

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