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: Yahoo! Finance
The fund will also be rebranded as the XAI Madison Equity Premium Income Fund and will continue to trade under the ticker symbol MCN. The changes follow shareholder approval and are expected to take effect on or around December 9, 2024. The partnership aims to leverage XAI's expertise in closed-end fund management and Madison's 20 years of experience in covered call strategies to improve the fund's performance and create scale efficiencies. CHICAGO, December 02, 2024 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
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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 FundBusiness Wire
- 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