SEC Form 40-17G filed by Madison Covered Call & Equity Strategy Fund

CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the "Fund" or "MCN") has declared its regular quarterly distribution of $0.18 per share on the Fund's common shares, payable on April 1, 2025, to shareholders of record as of March 17, 2025, as noted below. The amount of the distribution represents no change from the previous quarter's distribution amount of $0.18 per common share. In addition, the Fund announced that it will change its distribution frequency from quarterly to monthly. The first monthly declaration will be made on April 1, 2025, and the first monthly distribution will be made on May 1, 2025. Kimberly Flynn, President of XA Investments, sai

CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.077 per share on the Trust's common shares (NYSE:XFLT), payable on April 1, 2025, to common shareholders of record as of March 17, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.077 per common share. The following dates apply to the declaration:    Ex-Dividend Date March 17, 2025  Record Date March 17, 2025  Payable Date April 1, 2025  Amount $0.077 per common share  Change from Previous Month No change    Common share distributions may be paid from n

CHICAGO, Feb. 03, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.077 per share on the Trust's common shares (NYSE:XFLT), payable on March 3, 2025, to common shareholders of record as of February 18, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.077 per share. The following dates apply to the declaration: Ex-Dividend DateFebruary 18, 2025  Record DateFebruary 18, 2025  Payable DateMarch 3, 2025  Amount$0.077 per common share  Change from Previous MonthNo change  Common

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) ("MCN" or the "Fund") announced three significant changes today. The Fund appointed XA Investments LLC ("XAI") as its investment adviser, and it also retained Madison Asset Management, LLC ("Madison") as its sub-adviser. Additionally, the Fund announced that it would change its corporate name to XAI Madison Equity Premium Income Fund. The Fund expects to trade under its new name on or around December 9, 2024, and it will retain its current New York Stock Exchange ticker MCN. The appointment of XAI and Madison as MCN's investment adviser and sub-adviser, respectively, follows the receipt of approval from the Fund's shareholders at a sp

3 - XAI Madison Equity Premium Income Fund (0001289868) (Issuer)

4 - XAI Madison Equity Premium Income Fund (0001289868) (Issuer)

3 - Madison Covered Call & Equity Strategy Fund (0001289868) (Issuer)

N-CSR - XAI Madison Equity Premium Income Fund (0001289868) (Filer)

40-17G - XAI Madison Equity Premium Income Fund (0001289868) (Filer)

DEFA14A - Madison Covered Call & Equity Strategy Fund (0001289868) (Filer)

4 - XAI Madison Equity Premium Income Fund (0001289868) (Issuer)

CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the "Fund" or "MCN") has declared its regular quarterly distribution of $0.18 per share on the Fund's common shares, payable on April 1, 2025, to shareholders of record as of March 17, 2025, as noted below. The amount of the distribution represents no change from the previous quarter's distribution amount of $0.18 per common share. In addition, the Fund announced that it will change its distribution frequency from quarterly to monthly. The first monthly declaration will be made on April 1, 2025, and the first monthly distribution will be made on May 1, 2025. Kimberly Flynn, President of XA Investments, sai

CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.077 per share on the Trust's common shares (NYSE:XFLT), payable on April 1, 2025, to common shareholders of record as of March 17, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.077 per common share. The following dates apply to the declaration:    Ex-Dividend Date March 17, 2025  Record Date March 17, 2025  Payable Date April 1, 2025  Amount $0.077 per common share  Change from Previous Month No change    Common share distributions may be paid from n

CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) (the "Trust") today announced that it plans to host the Trust's Quarterly Webinar on March 5, 2025 at 11:00 am (Eastern Time). Kevin Davis, Managing Director at XA Investments ("XAI") will moderate the Q&A style webinar with Kimberly Flynn, President at XAI, and Lauren Law, Senior Portfolio Manager at Octagon Credit Investors. TO JOIN VIA WEB: Please go to the Knowledge Bank section of xainvestments.com or click here to find the online registration link. TO USE YOUR TELEPHONE: After joining via web, if you prefer to use your phone for audio, you must select that option and call