XAI Madison Equity Premium Income Fund
Sponsor: XA Investments · Inception Aug 2, 2004 · Pays monthly
Market priceShare price
$5.28
0.00% (+$0.00)
NAVAsset value per share
$6.17
as of Oct 13, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
14.42% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
13.64%
regular, annualised · on NAV 11.67%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 15, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 15, 2026, 10:43 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Links go to SEC EDGAR or the sponsor. Document dates are the filing's report date (or filing date); an older prospectus is shown with its date and is not a current comprehensive source. Links are checked weekly; failures are flagged.
Sponsor & official fund page
The sponsor's site carries daily NAV, fact sheets, distribution notices (Section 19(a)), tax information and reinvestment-plan terms.
| Document | Date | Filed | Form | Source | Status |
|---|---|---|---|---|---|
| Sponsor websitelatest | — | — | — | Sponsor | OK (Oct 4, 2026, 12:25 AM EDT) |
Prospectus & registration statements
Form N-2 and supplements: investment policies, fee table, leverage terms, rights offerings, at-the-market programmes.
| Document | Date | Filed | Form | Source | Status |
|---|---|---|---|---|---|
| Registration statement / prospectus (Form N-2)latest · filing index | Mar 6, 2026 | Mar 6, 2026 | N-2 | SEC EDGAR | OK (Oct 11, 2026, 12:17 AM EDT) |
| Prospectus supplement (Rule 497) · filing index | Aug 29, 2018 | Aug 29, 2018 | 497 | SEC EDGAR | unchecked |
| Prospectus supplement (Rule 497) · filing index | Jun 30, 2017 | Jun 30, 2017 | 497 | SEC EDGAR | unchecked |
| Prospectus supplement (Rule 497) · filing index | Jul 28, 2004 | Jul 28, 2004 | 497 | SEC EDGAR | unchecked |
| Registration statement amendment (Form N-2/A) — N-2/A · filing index | Jul 26, 2004 | Jul 26, 2004 | N-2/A | SEC EDGAR | unchecked |
| Registration statement amendment (Form N-2/A) — N-2/A · filing index | Jun 21, 2004 | Jun 21, 2004 | N-2/A | SEC EDGAR | unchecked |
| Registration statement / prospectus (Form N-2) — REGISTRATION STATEMENT · filing index | May 11, 2004 | May 11, 2004 | N-2 | SEC EDGAR | unchecked |
Annual reports (N-CSR)
Financial highlights, statements, notes on leverage and fees, distribution sources.
| Document | Date | Filed | Form | Source | Status |
|---|---|---|---|---|---|
| Annual shareholder report (Form N-CSR) — N-CSRlatest · filing index | Sep 30, 2025 | Dec 1, 2025 | N-CSR | SEC EDGAR | OK (Oct 4, 2026, 12:25 AM EDT) |
| Annual shareholder report (Form N-CSR) — N-CSR · filing index | Dec 31, 2024 | Mar 7, 2025 | N-CSR | SEC EDGAR | unchecked |
| Annual shareholder report (Form N-CSR) — N-CSR · filing index | Dec 31, 2023 | Feb 29, 2024 | N-CSR | SEC EDGAR | unchecked |
| Annual shareholder report (Form N-CSR) — N-CSR · filing index | Dec 31, 2022 | Mar 1, 2023 | N-CSR | SEC EDGAR | unchecked |
| Annual shareholder report (Form N-CSR) — N-CSR · filing index | Dec 31, 2021 | Feb 28, 2022 | N-CSR | SEC EDGAR | unchecked |
| Annual shareholder report (Form N-CSR) — N-CSR · filing index | Dec 31, 2020 | Mar 8, 2021 | N-CSR | SEC EDGAR | unchecked |
Semi-annual reports (N-CSRS)
| Document | Date | Filed | Form | Source | Status |
|---|---|---|---|---|---|
| Semi-annual shareholder report (Form N-CSRS) — N-CSRSlatest · filing index | Mar 31, 2026 | Jun 5, 2026 | N-CSRS | SEC EDGAR | OK (Oct 4, 2026, 12:25 AM EDT) |
| Semi-annual shareholder report (Form N-CSRS) — N-CSRS · filing index | Jun 30, 2025 | Sep 3, 2025 | N-CSRS | SEC EDGAR | unchecked |
| Semi-annual shareholder report (Form N-CSRS) — N-CSRS · filing index | Jun 30, 2024 | Aug 29, 2024 | N-CSRS | SEC EDGAR | unchecked |
| Semi-annual shareholder report (Form N-CSRS) — N-CSRS · filing index | Jun 30, 2023 | Aug 28, 2023 | N-CSRS | SEC EDGAR | unchecked |
| Semi-annual shareholder report (Form N-CSRS) — N-CSRS · filing index | Jun 30, 2022 | Aug 29, 2022 | N-CSRS | SEC EDGAR | unchecked |
| Semi-annual shareholder report (Form N-CSRS) — N-CSRS · filing index | Jun 30, 2021 | Aug 26, 2021 | N-CSRS | SEC EDGAR | unchecked |
Portfolio holdings (N-PORT)
Monthly portfolio filed quarterly with a ~60-day lag.
| Document | Date | Filed | Form | Source | Status |
|---|---|---|---|---|---|
| Monthly portfolio holdings (Form N-PORT)latest · filing index | Jun 30, 2026 | Aug 28, 2026 | NPORT-P | SEC EDGAR | OK (Oct 4, 2026, 12:25 AM EDT) |
| Monthly portfolio holdings (Form N-PORT) · filing index | Mar 31, 2026 | May 28, 2026 | NPORT-P | SEC EDGAR | unchecked |
| Monthly portfolio holdings (Form N-PORT) · filing index | Dec 31, 2025 | Feb 26, 2026 | NPORT-P | SEC EDGAR | unchecked |
| Monthly portfolio holdings (Form N-PORT) · filing index | Sep 30, 2025 | Nov 26, 2025 | NPORT-P | SEC EDGAR | unchecked |
| Monthly portfolio holdings (Form N-PORT) · filing index | Jun 30, 2025 | Aug 28, 2025 | NPORT-P | SEC EDGAR | unchecked |
| Monthly portfolio holdings (Form N-PORT) · filing index | Mar 31, 2025 | May 29, 2025 | NPORT-P | SEC EDGAR | unchecked |
Tender offers
Schedule TO filings: pricing formula, size, deadlines, proration.
| Document | Date | Filed | Form | Source | Status |
|---|---|---|---|---|---|
| Issuer tender offer amendment (SC TO-I/A) — SC TO-I/Alatest · filing index | Nov 9, 2018 | Nov 9, 2018 | SC TO-I/A | SEC EDGAR | OK (Oct 4, 2026, 12:25 AM EDT) |
| Issuer tender offer amendment (SC TO-I/A) — SC TO-I/A · filing index | Nov 8, 2018 | Nov 8, 2018 | SC TO-I/A | SEC EDGAR | unchecked |
| Issuer tender offer statement (SC TO-I) — SC TO-I · filing index | Oct 10, 2018 | Oct 10, 2018 | SC TO-I | SEC EDGAR | unchecked |
| Tender offer communication (SC TO-C) — SC TO-C · filing index | Jun 29, 2018 | Jun 29, 2018 | SC TO-C | SEC EDGAR | unchecked |
Proxy statements & reorganisations
Shareholder votes: directors, mergers, liquidations, conversions.
| Document | Date | Filed | Form | Source | Status |
|---|---|---|---|---|---|
| Additional proxy materials (DEFA14A) — DEFA14Alatest · filing index | Aug 18, 2026 | Aug 18, 2026 | DEFA14A | SEC EDGAR | OK (Oct 4, 2026, 12:25 AM EDT) |
| Additional proxy materials (DEFA14A) — DEFA14A · filing index | Jul 31, 2026 | Jul 31, 2026 | DEFA14A | SEC EDGAR | unchecked |
| Proxy statement (DEF 14A) — DEF 14A · filing index | Jul 30, 2026 | Jun 23, 2026 | DEF 14A | SEC EDGAR | unchecked |
| Additional proxy materials (DEFA14A) — DEFA14A · filing index | Jun 24, 2026 | Jun 24, 2026 | DEFA14A | SEC EDGAR | unchecked |
| Additional proxy materials (DEFA14A) — DEFA14A · filing index | May 19, 2026 | May 19, 2026 | DEFA14A | SEC EDGAR | unchecked |
| Proxy statement (DEF 14A) — DEF 14A · filing index | May 7, 2026 | Apr 6, 2026 | DEF 14A | SEC EDGAR | unchecked |
| Proxy statement (DEF 14A) — DEF 14A · filing index | Aug 12, 2025 | Jul 9, 2025 | DEF 14A | SEC EDGAR | unchecked |
| Proxy statement (DEF 14A) — DEF 14A · filing index | Aug 12, 2025 | Jul 8, 2025 | DEF 14A | SEC EDGAR | unchecked |
Current reports (8-K)
| Document | Date | Filed | Form | Source | Status |
|---|---|---|---|---|---|
| Current report (8-K)latest · filing index | May 14, 2026 | May 19, 2026 | 8-K | SEC EDGAR | OK (Oct 11, 2026, 12:17 AM EDT) |
| Current report (8-K) · filing index | Oct 15, 2024 | Oct 16, 2024 | 8-K | SEC EDGAR | unchecked |
Annual census (N-CEN)
| Document | Date | Filed | Form | Source | Status |
|---|---|---|---|---|---|
| Annual census report (Form N-CEN)latest · filing index | Sep 30, 2025 | Dec 12, 2025 | N-CEN | SEC EDGAR | OK (Oct 11, 2026, 12:17 AM EDT) |
| Annual census report (Form N-CEN) · filing index | Dec 31, 2024 | Mar 10, 2025 | N-CEN | SEC EDGAR | unchecked |
| Annual census report (Form N-CEN) · filing index | Dec 31, 2023 | Mar 13, 2024 | N-CEN | SEC EDGAR | unchecked |
Other
| Document | Date | Filed | Form | Source | Status |
|---|---|---|---|---|---|
| Proxy voting record (N-PX)latest · filing index | Jun 30, 2026 | Aug 14, 2026 | N-PX | SEC EDGAR | OK (Oct 4, 2026, 12:25 AM EDT) |
| Proxy voting record (N-PX) · filing index | Jun 30, 2025 | Aug 13, 2025 | N-PX | SEC EDGAR | unchecked |
| Proxy voting record (N-PX) · filing index | Jun 30, 2024 | Aug 13, 2024 | N-PX | SEC EDGAR | unchecked |
| Proxy voting record (N-PX) — N-PX · filing index | Jun 30, 2023 | Aug 10, 2023 | N-PX | SEC EDGAR | unchecked |
| All SEC filings for this fund (EDGAR)latest | — | — | — | SEC EDGAR | OK (Oct 4, 2026, 12:25 AM EDT) |
Not on file for this fund: fact sheets, distribution notices, tax information, reinvestment plan. These are published on the sponsor's site rather than EDGAR; use the sponsor link above.
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.