XAI Madison Equity Premium Income Fund
Sponsor: XA Investments · Inception Aug 2, 2004 · Pays monthly
Market priceShare price
$5.27
-0.28% ($-0.02)
NAVAsset value per share
$6.17
as of Oct 14, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
14.67% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
13.68%
regular, annualised · on NAV 11.67%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: 20-minute delayed · last trade Oct 16, 2026, 2:36 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 3:00 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Distribution rates
Regular rate on price
13.68%
$0.7200 annualised ÷ $5.27
Reinvest
16.03%
$1 reinvested buys $1.17 of NAV · rate × NAV ÷ price
Regular rate on NAV
11.67%
÷ NAV $6.17 (Oct 14, 2026)
TTM yield (incl. specials)
13.68%
$0.7200 paid in 12 months ÷ price
TTM yield (ex specials)
13.68%
$0.7200 regular only
SEC yield
Not reported
shown only when the fund reports it
Frequency
Monthly
latest $0.0600 · Regular (inferred)
The regular rate annualises the latest regular payment by its frequency; special distributions are never annualised. A distribution rate is not a portfolio income yield and is not a measure of performance — see composition and NAV history below.
Distribution history
101 payments on record
Most recent 60 payments, by ex-date.
| Declared | Ex-date | Record | Paid | Amount | Frequency | Type | Source |
|---|---|---|---|---|---|---|---|
| Oct 1, 2026 | Oct 15, 2026 | Oct 15, 2026 | Nov 2, 2026 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Sep 1, 2026 | Sep 15, 2026 | Sep 15, 2026 | Oct 1, 2026 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Aug 3, 2026 | Aug 17, 2026 | Aug 17, 2026 | Sep 1, 2026 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Jul 1, 2026 | Jul 15, 2026 | Jul 15, 2026 | Aug 3, 2026 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| May 29, 2026 | Jun 15, 2026 | Jun 15, 2026 | Jul 1, 2026 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Apr 30, 2026 | May 15, 2026 | May 15, 2026 | Jun 1, 2026 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Apr 1, 2026 | Apr 15, 2026 | Apr 15, 2026 | May 1, 2026 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Mar 2, 2026 | Mar 16, 2026 | Mar 16, 2026 | Apr 1, 2026 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Feb 2, 2026 | Feb 17, 2026 | Feb 17, 2026 | Mar 2, 2026 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Jan 2, 2026 | Jan 15, 2026 | Jan 15, 2026 | Jan 30, 2026 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Dec 1, 2025 | Dec 15, 2025 | Dec 15, 2025 | Dec 31, 2025 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Nov 3, 2025 | Nov 17, 2025 | Nov 17, 2025 | Dec 1, 2025 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Oct 1, 2025 | Oct 15, 2025 | Oct 15, 2025 | Nov 3, 2025 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Sep 2, 2025 | Sep 16, 2025 | Sep 16, 2025 | Oct 1, 2025 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Aug 1, 2025 | Aug 15, 2025 | Aug 15, 2025 | Sep 2, 2025 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Jul 1, 2025 | Jul 15, 2025 | Jul 15, 2025 | Aug 1, 2025 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Apr 1, 2025 | Jun 16, 2025 | Jun 16, 2025 | Jul 1, 2025 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Apr 1, 2025 | May 15, 2025 | May 15, 2025 | Jun 2, 2025 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Apr 1, 2025 | Apr 15, 2025 | Apr 15, 2025 | May 1, 2025 | $0.0600 | Monthly | Regular (inferred) | Market data vendor |
| Mar 3, 2025 | Mar 17, 2025 | Mar 17, 2025 | Apr 1, 2025 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 6, 2024 | Dec 17, 2024 | Dec 17, 2024 | Dec 31, 2024 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 6, 2024 | Sep 17, 2024 | Sep 17, 2024 | Sep 30, 2024 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 3, 2024 | Jun 14, 2024 | Jun 14, 2024 | Jun 28, 2024 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 1, 2024 | Mar 14, 2024 | Mar 15, 2024 | Mar 28, 2024 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Dec 1, 2023 | Dec 14, 2023 | Dec 15, 2023 | Dec 29, 2023 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 1, 2023 | Sep 14, 2023 | Sep 15, 2023 | Sep 29, 2023 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 1, 2023 | Jun 15, 2023 | Jun 16, 2023 | Jun 30, 2023 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 1, 2023 | Mar 15, 2023 | Mar 16, 2023 | Mar 31, 2023 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Dec 1, 2022 | Dec 15, 2022 | Dec 16, 2022 | Dec 29, 2022 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 1, 2022 | Sep 15, 2022 | Sep 16, 2022 | Sep 30, 2022 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 1, 2022 | Jun 15, 2022 | Jun 16, 2022 | Jun 30, 2022 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 1, 2022 | Mar 15, 2022 | Mar 16, 2022 | Mar 31, 2022 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Dec 1, 2021 | Dec 15, 2021 | Dec 16, 2021 | Dec 30, 2021 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 1, 2021 | Sep 15, 2021 | Sep 16, 2021 | Sep 30, 2021 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 1, 2021 | Jun 15, 2021 | Jun 16, 2021 | Jun 30, 2021 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 1, 2021 | Mar 15, 2021 | Mar 16, 2021 | Mar 31, 2021 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Dec 1, 2020 | Dec 15, 2020 | Dec 16, 2020 | Dec 30, 2020 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 1, 2020 | Sep 15, 2020 | Sep 16, 2020 | Sep 30, 2020 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 1, 2020 | Jun 15, 2020 | Jun 16, 2020 | Jun 30, 2020 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 2, 2020 | Mar 16, 2020 | Mar 17, 2020 | Mar 31, 2020 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Dec 4, 2019 | Dec 16, 2019 | Dec 17, 2019 | Dec 30, 2019 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 3, 2019 | Sep 17, 2019 | Sep 18, 2019 | Sep 30, 2019 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 3, 2019 | Jun 17, 2019 | Jun 18, 2019 | Jun 28, 2019 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 4, 2019 | Mar 14, 2019 | Mar 15, 2019 | Mar 29, 2019 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Dec 4, 2018 | Dec 14, 2018 | Dec 17, 2018 | Dec 31, 2018 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 5, 2018 | Sep 17, 2018 | Sep 18, 2018 | Sep 28, 2018 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 4, 2018 | Jun 14, 2018 | Jun 15, 2018 | Jun 29, 2018 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 2, 2018 | Mar 14, 2018 | Mar 15, 2018 | Mar 29, 2018 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Dec 4, 2017 | Dec 14, 2017 | Dec 15, 2017 | Dec 29, 2017 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 5, 2017 | Sep 14, 2017 | Sep 15, 2017 | Sep 29, 2017 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 2, 2017 | Jun 14, 2017 | Jun 16, 2017 | Jun 30, 2017 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 2, 2017 | Mar 15, 2017 | Mar 17, 2017 | Mar 31, 2017 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Dec 2, 2016 | Dec 14, 2016 | Dec 16, 2016 | Dec 30, 2016 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 2, 2016 | Sep 14, 2016 | Sep 16, 2016 | Sep 30, 2016 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 3, 2016 | Jun 15, 2016 | Jun 17, 2016 | Jun 30, 2016 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 2, 2016 | Mar 15, 2016 | Mar 17, 2016 | Mar 31, 2016 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Dec 2, 2015 | Dec 15, 2015 | Dec 17, 2015 | Dec 30, 2015 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 2, 2015 | Sep 15, 2015 | Sep 17, 2015 | Sep 30, 2015 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 2, 2015 | Jun 16, 2015 | Jun 18, 2015 | Jun 30, 2015 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 3, 2015 | Mar 17, 2015 | Mar 19, 2015 | Mar 31, 2015 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Dec 1, 2014 | Dec 15, 2014 | Dec 17, 2014 | Dec 30, 2014 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 3, 2014 | Sep 15, 2014 | Sep 17, 2014 | Sep 30, 2014 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 3, 2014 | Jun 16, 2014 | Jun 18, 2014 | Jun 30, 2014 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 4, 2014 | Mar 17, 2014 | Mar 19, 2014 | Mar 31, 2014 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Dec 2, 2013 | Dec 13, 2013 | Dec 17, 2013 | Dec 27, 2013 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 3, 2013 | Sep 16, 2013 | Sep 18, 2013 | Sep 30, 2013 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 3, 2013 | Jun 14, 2013 | Jun 18, 2013 | Jun 28, 2013 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Mar 1, 2013 | Mar 15, 2013 | Mar 19, 2013 | Mar 29, 2013 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 1, 2012 | Nov 13, 2012 | Nov 15, 2012 | Nov 30, 2012 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 1, 2012 | Aug 13, 2012 | Aug 15, 2012 | Aug 31, 2012 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| May 1, 2012 | May 11, 2012 | May 15, 2012 | May 31, 2012 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 1, 2012 | Feb 13, 2012 | Feb 15, 2012 | Feb 29, 2012 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 1, 2011 | Nov 10, 2011 | Nov 15, 2011 | Nov 30, 2011 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 1, 2011 | Aug 11, 2011 | Aug 15, 2011 | Aug 31, 2011 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| May 2, 2011 | May 11, 2011 | May 13, 2011 | May 31, 2011 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 1, 2011 | Feb 11, 2011 | Feb 15, 2011 | Feb 28, 2011 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 1, 2010 | Nov 10, 2010 | Nov 15, 2010 | Nov 30, 2010 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 2, 2010 | Aug 11, 2010 | Aug 13, 2010 | Aug 31, 2010 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| May 3, 2010 | May 12, 2010 | May 14, 2010 | May 28, 2010 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 1, 2010 | Feb 10, 2010 | Feb 12, 2010 | Feb 26, 2010 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Sep 15, 2009 | Nov 10, 2009 | Nov 13, 2009 | Nov 30, 2009 | $0.1962 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 3, 2009 | Aug 12, 2009 | Aug 14, 2009 | Aug 31, 2009 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| May 1, 2009 | May 13, 2009 | May 15, 2009 | May 29, 2009 | $0.1800 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 2, 2009 | Feb 11, 2009 | Feb 13, 2009 | Feb 27, 2009 | $0.2400 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 3, 2008 | Nov 12, 2008 | Nov 14, 2008 | Nov 28, 2008 | $0.2400 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 1, 2008 | Aug 13, 2008 | Aug 15, 2008 | Aug 29, 2008 | $0.2800 | Quarterly | Regular (inferred) | Market data vendor |
| May 1, 2008 | May 13, 2008 | May 15, 2008 | May 30, 2008 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 1, 2008 | Feb 13, 2008 | Feb 15, 2008 | Feb 29, 2008 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 1, 2007 | Nov 13, 2007 | Nov 15, 2007 | Nov 30, 2007 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 1, 2007 | Aug 13, 2007 | Aug 15, 2007 | Aug 31, 2007 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| May 1, 2007 | May 11, 2007 | May 15, 2007 | May 31, 2007 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 1, 2007 | Feb 13, 2007 | Feb 15, 2007 | Feb 28, 2007 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 1, 2006 | Nov 13, 2006 | Nov 15, 2006 | Nov 30, 2006 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 1, 2006 | Aug 11, 2006 | Aug 15, 2006 | Aug 31, 2006 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| May 1, 2006 | May 11, 2006 | May 15, 2006 | May 31, 2006 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 1, 2006 | Feb 13, 2006 | Feb 15, 2006 | Feb 28, 2006 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 1, 2005 | Nov 10, 2005 | Nov 15, 2005 | Nov 30, 2005 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 1, 2005 | Aug 11, 2005 | Aug 15, 2005 | Aug 31, 2005 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| May 2, 2005 | May 11, 2005 | May 13, 2005 | May 31, 2005 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 1, 2005 | Feb 11, 2005 | Feb 15, 2005 | Feb 28, 2005 | $0.3300 | Quarterly | Regular (inferred) | Market data vendor |
| Oct 12, 2004 | Nov 10, 2004 | Nov 15, 2004 | Nov 30, 2004 | $0.3000 | Quarterly | Regular (inferred) | Market data vendor |
“Inferred” types are assigned by our rule (off-cycle or year-end payments that deviate by more than 50% from neighbouring amounts); sponsor-confirmed classifications override them where available.
Annual totals
| Year | Regular | Special | Total | Payments |
|---|---|---|---|---|
| 2026 | $0.6000 | — | $0.6000 | 10 |
| 2025 | $0.7200 | — | $0.7200 | 10 |
| 2024 | $0.7200 | — | $0.7200 | 4 |
| 2023 | $0.7200 | — | $0.7200 | 4 |
| 2022 | $0.7200 | — | $0.7200 | 4 |
| 2021 | $0.7200 | — | $0.7200 | 4 |
| 2020 | $0.7200 | — | $0.7200 | 4 |
| 2019 | $0.7200 | — | $0.7200 | 4 |
| 2018 | $0.7200 | — | $0.7200 | 4 |
| 2017 | $0.7200 | — | $0.7200 | 4 |
| 2016 | $0.7200 | — | $0.7200 | 4 |
| 2015 | $0.7200 | — | $0.7200 | 4 |
Increases, reductions and specials
| Ex-date | Event | From | To | Change |
|---|---|---|---|---|
| Apr 15, 2025 | Reduction | $0.1800 | $0.0600 | -66.67% |
| Feb 10, 2010 | Reduction | $0.1962 | $0.1800 | -8.26% |
| Nov 10, 2009 | Increase | $0.1800 | $0.1962 | +9.00% |
| May 13, 2009 | Reduction | $0.2400 | $0.1800 | -25.00% |
| Nov 12, 2008 | Reduction | $0.2800 | $0.2400 | -14.29% |
| Aug 13, 2008 | Reduction | $0.3300 | $0.2800 | -15.15% |
| Feb 11, 2005 | Increase | $0.3000 | $0.3300 | +10.00% |
Distribution composition
Not reported here yet. Section 19(a) notices and annual tax characterisations are published by the sponsor and are not carried by our current data feeds. Use the sponsor's distribution notices (see the Documents tab and sponsor website) for the estimated and final breakdown between income, capital gains and return of capital. A return-of-capital component is not automatically destructive; judge it against NAV history over time.
Accounting classification (what the fund earned) and tax classification (what the shareholder reports) differ. A 19(a) estimate is preliminary and is superseded by the year-end tax form.
CEF Explorer research page for XAI Madison Equity Premium Income Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.