XAI Madison Equity Premium Income Fund Announces $0.060 Per Share Monthly Distribution

XAI Madison Equity Premium Income Fund has declared a monthly distribution of $0.060 per share, unchanged from the previous month. The distribution is payable on September 2, 2025, and the ex-dividend date is August 15, 2025. The Fund has changed its distribution frequency from quarterly to monthly, which went into effect in April 2025.

The XAI Madison Equity Premium Income Fund (NYSE: MCN) has announced its monthly distribution of $0.060 per share, unchanged from the previous month. This distribution will be payable on September 2, 2025, with an ex-dividend date and record date of August 15, 2025 [1].

The Fund, which transitioned from quarterly to monthly distributions starting April 1, 2025, aims to provide investors with better cash flow management. The monthly distributions may come from net investment income, capital gains, and/or return of capital. The Fund's primary objective is to achieve high current income and current capital gains through a portfolio of common stocks and covered call options [1].

The change in distribution frequency was implemented to offer investors more predictable cash flow. The Fund's net investment income and capital gain can vary significantly over time, but the Fund seeks to maintain more stable common share quarterly distributions. The final taxable income for the current fiscal year will not be known until the Fund's tax returns are filed [1].

As a registered investment company, the Fund is subject to a 4% excise tax if it does not distribute to common shareholders by the end of any calendar year at least the sum of 98% of its ordinary income and 98.2% of its capital gain in excess of its capital loss [1]. Future common share distributions will be made if and when declared by the Fund's Board of Trustees, after evaluating several factors, including the Fund's net investment income, financial performance, and available cash.

The Fund's objective is to achieve a high level of current income and current capital gains, with long-term capital appreciation as a secondary objective. The Fund intends to pursue this objective by investing in a portfolio of common stocks and utilizing an option strategy, primarily by writing covered call options on a substantial portion of the common stocks in the portfolio [1].

For more information, please visit the Fund's webpage at [XAI Investments](https://www.xainvestments.com).

References:
[1] https://www.stocktitan.net/news/MCN/xai-madison-equity-premium-income-fund-declares-its-monthly-s7vsxsy1pvi2.html