Madison Covered Call & Equity Strategy Fund Announces Appointment of XA Investments as Investment Adviser and Madison Asset Management as Sub-Adviser; Fund to Rebrand as XAI Madison Equity...
Madison Covered Call & Equity Strategy Fund (MCN)
US:NYSE Investor Relations:
madisonfunds.com/individual/madison-covered-call-and-equity-strategy-fund
Company Research
Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Madison Covered Call & Equity Strategy Fund (NYSE: MCN) (“MCN” or the “Fund”) announced three significant changes today. The Fund appointed XA Investments LLC (“XAI”) as its investment adviser, and it also retained Madison Asset Management, LLC (“Madison”) as its sub-adviser. Additionally, the Fund announced that it would change its corporate name to XAI Madison Equity Premium Income Fund. The Fund expects to trade under its new name on or around December 9, 2024, and it will retain its current New York Stock Exchange ticker MCN.The appointment of XAI and Madison as MCN’s investment adviser and sub-adviser, respectively, follows the receipt of approval from the Fund’s shareholders at a special meeting on October 15, 2024. The special shareholder meeting voting results were reported in the Fund’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on October 16, 2024.The Fund joins the XAI Funds platform and expands the
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News
- Madison Covered Call & Equity Strategy Fund Declares its Quarterly Distribution of $0.18 per Share [Yahoo! Finance]Yahoo! Finance
- Madison Covered Call & Equity Strategy Fund Declares its Quarterly Distribution of $0.18 per ShareBusiness Wire
- Madison Covered Call & Equity Strategy Fund Announces Appointment of XA Investments as Investment Adviser and Madison Asset Management as Sub-Adviser; Fund to Rebrand as XAI Madison Equity Premium Income Fund [Yahoo! Finance]Yahoo! Finance
- Madison Covered Call & Equity Strategy Fund Announces Shareholder Approval of XA Investments as Investment Adviser and Madison Investments as Sub-Adviser; Fund to Rebrand as XAI Madison Equity Premium Income FundBusiness Wire
MCN
Sec Filings
- 12/2/24 - Form 3
- 12/2/24 - Form 3
- 12/2/24 - Form 3
- MCN's page on the SEC website