abrdn Australia Equity Fund (IAF) vs XAI Madison Equity Premium Income Fund (MCN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
abrdn Australia Equity Fund is the larger company by market cap ($120.3 million vs $110.4 million), about 1.1 times the size. On valuation, abrdn Australia Equity Fund trades at a lower trailing P/E (7.3x vs 18.1x for XAI Madison Equity Premium Income Fund). XAI Madison Equity Premium Income Fund offers the higher dividend yield (13.69% vs 11.55%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | IAF | MCN |
|---|---|---|
| Share price | $12.55 | $5.26 |
| Market cap | $120.26M | $110.43M |
| 1-day change | +0.97% | +0.38% |
| P/E ratio (TTM) | 7.30 | 18.14 |
| EPS (TTM) | $1.72 | $0.29 |
| Dividend yield | 11.55% | 13.69% |
| Annual dividend | $1.45 | $0.72 |
| 52-week high | $14.54 | $6.30 |
| 52-week low | $11.76 | $5.18 |
| Distance from 52-week high | -13.69% | -16.51% |
| Average volume | 18.56K | 52.86K |
| Shares outstanding | 9.58M | 20.99M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- XAI Madison Equity Premium Income Fund trades at a higher earnings multiple (18.1x vs 7.3x trailing P/E).
- XAI Madison Equity Premium Income Fund offers a meaningfully higher dividend yield (13.69% vs 11.55%).
About abrdn Australia Equity Fund
IAF stock →Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited.
Financial Services · Asset Management
About XAI Madison Equity Premium Income Fund
MCN stock →XAI Madison Equity Premium Income Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC.
Financial Services · Asset Management
IAF vs MCN FAQ
Which is bigger, abrdn Australia Equity Fund or XAI Madison Equity Premium Income Fund?
abrdn Australia Equity Fund (IAF) is larger, with a market capitalization of $120.26M compared with $110.43M for XAI Madison Equity Premium Income Fund (MCN).
Which has the lower P/E ratio, IAF or MCN?
IAF has the lower trailing P/E at 7.3, versus 18.1 for MCN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, abrdn Australia Equity Fund or XAI Madison Equity Premium Income Fund?
XAI Madison Equity Premium Income Fund has the higher yield at 13.69%, compared with 11.55% for abrdn Australia Equity Fund.
Are abrdn Australia Equity Fund and XAI Madison Equity Premium Income Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.