XAI Madison Equity Premium Income Fund (MCN)
XAI Madison Equity Premium Income Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Madison, WI, US. The stock last traded at $5.67, down 0.44% on the session, giving a market capitalisation of $118.9M. On trailing twelve-month figures it carries a trailing P/E of 9.94, a net margin of 92.1%. Its beta of 0.68 implies it has historically moved less than the broad market.
The XAI Madison Equity Premium Income Fund operates as a closed-end investment vehicle. Its core mission is to generate significant current income and immediate profits, with a complementary objective of achieving long-term capital appreciation. This fund was established on May 6, 2004, and maintains its principal office in Madison, Wisconsin.
XAI Madison Equity Premium Income Fund is most often compared with the following Financial Services names: