MCN (XAI Madison Equity Premiumome Fund) Total Assets : $141.29 Mil (As of Dec. 2024)

View and export this data going back to 2004. Start your Free Trial

What is XAI Madison Equity Premiumome Fund Total Assets?

XAI Madison Equity Premiumome Fund's Total Assets for the quarter that ended in Dec. 2024 was $141.29 Mil.

During the past 12 months, XAI Madison Equity Premiumome Fund's average Total Assets Growth Rate was -9.50% per year. During the past 3 years, the average Total Assets Growth Rate was -4.00% per year. During the past 5 years, the average Total Assets Growth Rate was -2.50% per year.

During the past 8 years, XAI Madison Equity Premiumome Fund's highest 3-Year average Total Assets Growth Rate was 2.90%. The lowest was -4.00%. And the median was -2.60%.

Total Assets is connected with ROA %. XAI Madison Equity Premiumome Fund's annualized ROA % for the quarter that ended in Dec. 2024 was 5.04%. Total Assets is also linked to Revenue through Asset Turnover. XAI Madison Equity Premiumome Fund's Asset Turnover for the quarter that ended in Dec. 2024 was 0.03.

XAI Madison Equity Premiumome Fund Total Assets Historical Data

The historical data trend for XAI Madison Equity Premiumome Fund's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

XAI Madison Equity Premiumome Fund Total Assets Chart

XAI Madison Equity Premiumome Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

Get a 7-Day Free Trial

154.43

159.56

150.15

156.06

141.29

XAI Madison Equity Premiumome Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial										150.15	155.78	156.06	152.89	141.29

XAI Madison Equity Premiumome Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

XAI Madison Equity Premiumome Fund's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	139.118	+	2.175
	=	141.29

XAI Madison Equity Premiumome Fund's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	139.118	+	2.175
	=	141.29

XAI Madison Equity Premiumome Fund (NYSE:MCN) Total Assets Explanation

Total Assets is connected with ROA %.

XAI Madison Equity Premiumome Fund's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	7.416	/	( (152.887	+	141.293)	/ 2 )
	=	7.416	/	147.09
	=	5.04 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

XAI Madison Equity Premiumome Fund's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	3.926	/	( (152.887	+	141.293)	/ 2 )
=	3.926	/	147.09
=	0.03

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

XAI Madison Equity Premiumome Fund Total Assets Related Terms

Thank you for viewing the detailed overview of XAI Madison Equity Premiumome Fund's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

XAI Madison Equity Premiumome Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » XAI Madison Equity Premium Income Fund (NYSE:MCN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 North Clark Street, Suite 2430, Chicago, IL, USA, 60654

Website

https://www.xainvestments.com

XAI Madison Equity Premium Income Fund is an investment management company. The Fund invests in an actively managed equity portfolio comprised of individual stocks and covered call options. The Fund's primary investment objective is to provide high level of current income and gains, with a secondary objective of capital appreciation.

Executives

Jill M Friedow	director	550 SCIENCE DR, MADISON WI 53711
Imhoff James R Jr	other: Former Director	550 SCIENCE DRIVE, MADISON WI 53711
Scott C Jones	director	C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Patrick F Ryan	officer: President	MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Steven J Fredricks	officer: CCO	MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Richard E Struthers	director	2340 WEST COUNTY ROAD C, SAINT PAUL MN 55113-2528
Kevin S Thompson	officer: Chief Legal Officer	MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
George W Karpus	10 percent owner
Karpus Management, Inc.	10 percent owner	183 SULLY'S TRAIL, PITTSFORD NY 14534
Steven Paul Riege	director	11613 N LAFAYETTE PLACE, MEQUON WI 53092
Lisa R Lange	officer: CCO	MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Pamela Marie Krill	officer: CLO and General Counsel	550 SCIENCE DRIVE, MADISON WI 53562
Holly S Baggot	officer: Secretary and Asst Treasurer	550 SCIENCE DRIVE, MADISON WI 53711
Paul Anthony Lefurgey	officer: Vice President	1817 AUTUMN HILL DRIVE, VERONA WI 53593
Wayne Richard Mason	officer: CCO	2002 E PALMAIRE AVE, PHOENIX AZ 85020