XAI Madison Equity Premium Income Fund pays $0.060 per share in October
CHICAGO, Sept. 01, 2026 /CourierPR/ -- XAI Madison Equity Premium Income Fund has announced its regular monthly distribution of $0.060 per share, payable on October 1, 2026, to shareholders of record as of September 15, 2026. This distribution, unchanged from the previous month, comes as part of the Fund’s ongoing efforts to provide a steady stream of income to its shareholders.
The Fund’s distributions can be sourced from net investment income, capital gains, or a return of capital. Tax characteristics of the distribution will be detailed in Form 1099, to be issued after the end of the 2026 calendar year. Shareholders are reminded that a distribution does not necessarily represent net income or profit, and may include a return of capital, which reduces the shareholder’s tax basis in their shares.
The Fund, managed by XAI Investments LLC, aims to provide a balance of current income and capital gains. It achieves this through a portfolio of common stocks and an option strategy, primarily by writing covered call options to generate income and gains. The distribution amount and timing are subject to review by the Fund’s Board of Trustees, considering various factors including net investment income, financial performance, and available cash.
XAI Investments LLC, founded in 2016, serves as the investment adviser for the Fund. The firm is also behind two other listed closed-end funds and an interval closed-end fund. XAI provides a range of services, including investment fund structuring and consulting, and custom product build and consulting services.
Madison Investments, the management firm behind the Fund, has a history dating back to 1974 and currently manages over $29.3 billion in assets. Known for its diverse investment strategies, Madison offers domestic fixed income, U.S. and international equity, covered call, multi-asset, insurance, and credit union investment management services.
For detailed information about the Fund’s operations and distribution policies, interested parties can visit the Fund’s webpage at www.xainvestments.com. The Fund’s objective is to deliver high current income and capital gains, with secondary consideration given to long-term capital appreciation.
Investors should carefully review the Fund’s investment objectives, policies, risks, and expenses before making any investment decisions. The distribution is subject to change, and there is no guarantee that future distributions will be similar to the current amount.