# XAI Madison Equity Premium Income Fund (MCN) — Overview

MCN · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/mcn

## Price

Last close $5.28 on Oct 15, 2026. 52-week range $5.24 – $6.17.

## Company profile

XAI Madison Equity Premium Income Fund is an investment management company. The Fund invests in an actively managed equity portfolio comprised of individual stocks and covered call options. The Fund's primary investment objective is to provide high level of current income and gains, with a secondary objective of capital appreciation.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $2.5M |
| Revenue (quarter) | $1.6M |
| Revenue growth (year over year) | -10.84% |
| Gross profit (trailing twelve months) | $0.00 |
| Gross margin | 0.00% |
| Net income (trailing twelve months) | $11.8M |
| Net income (quarter) | $5.5M |
| Net income growth (year over year) | 103.32% |
| Net margin | 474.70% |
| Return on equity | 8.81% |
| EPS (trailing twelve months) | $0.56 |
| Book value per share | $6.38 |
| P/E (trailing twelve months) | 9.4 |
| Price to book | 0.8 |
| Debt to assets | 6.04% |
| Payout ratio | 126.32% |
| Dividend yield | 14.83% |

## Frequently Asked Questions

### Is XAI Madison Equity Premium Income Fund (MCN) profitable?

Yes. XAI Madison Equity Premium Income Fund earned $11.8M in net income over the trailing twelve months, a net margin of 474.70%.

### How much revenue does XAI Madison Equity Premium Income Fund (MCN) make?

XAI Madison Equity Premium Income Fund generated $2.5M in revenue over the trailing twelve months, down 10.84% year over year.

### What is MCN's P/E ratio?

XAI Madison Equity Premium Income Fund trades at 9.4 times trailing twelve-month earnings, on an EPS of $0.56.

### How do I buy stock in XAI Madison Equity Premium Income Fund (MCN)?

MCN trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).