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XAI Madison Equity Premium Income Fund has changed its fiscal year end to September 30 from December 31, effective immediately, to align with other funds in its complex. The change is intended to streamline reporting and is supported by the Fund's board of trustees. The Fund will file a Transition Report on Form N-CSR for the nine-month transition period beginning January 1, 2025 and ending September 30, 2025.

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