XAI Madison Equity Premium Income Fund to Host Informational Webinar on Feb 4, 2025 Investing.com
CHICAGO, Jan. 22, 2025 (GLOBE NEWSWIRE) — XAI Madison Equity Premium Income Fund (NYSE: MCN ) (the Fund) today announced plans to host a webinar on February 4, 2025 at 11:00 a.m. (Eastern Time). MCN uses a covered call share strategy that seeks to generate revenue and profit. In the webinar, the Fund’s management team will consider the advantages and risks of the hedged capital investment approach. Jared Hagen, Vice President at XA Investments (XAI) will moderate the webinar with Kimberly Flynn, President at XAI, and Ray Di Bernardo, Portfolio Manager at Madison Investments (Madison). Webinar participants are encouraged to ask questions of the Fund’s management.
TO JOIN VIA THE WEB: Click here to find the online registration link.
USING YOUR PHONE: After joining online, if you prefer to use your phone for audio, you must select that option and call using the number below, based on your current location.
Choose: USA: +1 (720) 928-9299 or +1 (213) 338-8477 or +1 (646) 558-8656 or +1 (267) 831-0333 or +1 (312) 626-6799
Webinar ID: 857 3713 3843
REPEAT: A replay of the webinar will be available at www.xainvestments.com.
The goal of the Fund is to achieve a high level of current income and current capital gains, with a long-term increase in capital value as a secondary goal. The Fund pursues its objective by investing primarily in large- and mid-cap common stocks that, in Madison’s opinion, sell at a reasonable price relative to their long-term earnings growth rates. Under normal market conditions, the Fund will seek to generate current earnings from option premiums by writing (selling) covered call options on a significant portion of its portfolio securities. There is no guarantee that the Fund will achieve its investment objectives. The Fund provides additional information on its website at www.xainvestments.com.
About XA Investments
XA Investments LLC (XAI) serves as the Fund’s investment advisor. XAI is a Chicago-based company founded by XMS Capital Partners (WA:) 2016 XAI has approximately $950 million in AUM as of 12/31/2024 and serves as investment advisor to two listed closed-end funds and an interval closed-end fund. Listed closed-end funds, XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT ) and Madison Covered Call & Equity Strategy Fund (NYSE: MCN ) trade on the New York Stock Exchange. An interval closed-end fund, Octagon XAI CLO Income Fund (OCTIX), was recently launched.
In addition to investment advisory services, the firm also provides investment fund structuring services and advisory services focused on registered closed-end funds to meet the needs of institutional clients. XAI offers custom product development and consulting services, including development and market research, sales, marketing and fund management.
XAI believes that the investing public can benefit from new vehicles to access a wide range of alternative investment strategies and managers. XAI provides individual investors with access to institutional caliber alternative managers. For more information visit www.xainvestments.com.
About XMS Capital Partners
XMS Capital Partners, LLC, founded in 2006, is a global, independent financial services firm that provides clients with M&A, corporate advisory and asset management services. It has offices in Chicago, Boston and London. For more information visit www.xmscapital.com.
About Madison Investments
Madison Investments is an independent investment management firm based in Madison, WI. Founded in 1974, the firm has approximately $28 billion in assets under management as of September 30, 2024, and is recognized as one of the nation’s top investment firms. Madison offers domestic fixed income, US and international equity, covered calls, multi-asset, insurance and credit union investment management strategies. For more information visit www.madisoninvestments.com.
Madison and/or Madison Investments is the corporate name of Madison Investment Holdings, Inc., Madison Asset Management, LLC and Madison Investment Advisors, LLC. Madison is registered as an investment adviser with the US Securities and Exchange Commission. MFD Distributor, LLC is registered with the US Securities and Exchange Commission as a broker-dealer and is a member company of the Financial Industry Regulatory Authority www.finra.org.
XAI does not provide tax advice; consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax.
Investors should carefully consider the Fund’s investment objectives and policies, risk considerations, fees and expenses before investing. For more information about the Fund, visit the Fund’s website at www.xainvestments.com.
This press release will not constitute an offer to sell or an invitation to buy, nor will there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be illegal prior to registration or qualification under the laws of such state or jurisdiction .
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE |
Media contact:
Kimberly Flynn, President
XA Investments LLC
Phone: 888-903-3358
Email: KFlynn@XAInvestments.com
www.xainvestments.com
Source: XA Investments LLC