XAI Madison Equity Premium Income Fund (MCN) vs Palmer Square Capital BDC (PSBD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Palmer Square Capital BDC is the larger company by market cap ($294.9 million vs $112.5 million), about 2.6 times the size. XAI Madison Equity Premium Income Fund pays a dividend yielding 13.43%, while Palmer Square Capital BDC does not currently pay one.
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 | MCN | PSBD |
|---|---|---|
| Share price | $5.36 | $9.62 |
| Market cap | $112.53M | $294.86M |
| 1-day change | +1.90% | -0.72% |
| P/E ratio (TTM) | 18.48 | — |
| Forward P/E | — | 6.29 |
| EPS (TTM) | $0.29 | $-1.00 |
| Dividend yield | 13.43% | 14.86% |
| Annual dividend | $0.72 | $0.00 |
| 52-week high | $6.30 | $12.97 |
| 52-week low | $5.18 | $9.34 |
| Distance from 52-week high | -14.92% | -25.83% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +12.16% |
| Average volume | 52.86K | 114.67K |
| Shares outstanding | 20.99M | 30.65M |
| 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
- Palmer Square Capital BDC is about 2.6 times larger than XAI Madison Equity Premium Income Fund by market value ($294.86M vs $112.53M).
- Palmer Square Capital BDC offers a meaningfully higher dividend yield (14.86% vs 13.43%).
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
About Palmer Square Capital BDC
PSBD stock →Palmer Square Capital BDC Inc. is a business development company specializing in direct investment.
Financial Services · Asset Management
MCN vs PSBD FAQ
Which is bigger, XAI Madison Equity Premium Income Fund or Palmer Square Capital BDC?
Palmer Square Capital BDC (PSBD) is larger, with a market capitalization of $294.86M compared with $112.53M for XAI Madison Equity Premium Income Fund (MCN).
Which pays a higher dividend, XAI Madison Equity Premium Income Fund or Palmer Square Capital BDC?
Palmer Square Capital BDC has the higher yield at 14.86%, compared with 13.43% for XAI Madison Equity Premium Income Fund.
Are XAI Madison Equity Premium Income Fund and Palmer Square Capital BDC in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.