XAI Madison Equity Premium Income Fund (MCN) vs Saba Capital Income & Opportunities Fund II (SABA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Saba Capital Income & Opportunities Fund II is the larger company by market cap ($206.5 million vs $110.7 million), about 1.9 times the size. On valuation, Saba Capital Income & Opportunities Fund II trades at a lower trailing P/E (8.7x vs 18.2x for XAI Madison Equity Premium Income Fund). XAI Madison Equity Premium Income Fund offers the higher dividend yield (13.65% vs 8.99%).
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 | SABA |
|---|---|---|
| Share price | $5.28 | $7.72 |
| Market cap | $110.74M | $206.54M |
| 1-day change | +0.29% | -0.28% |
| P/E ratio (TTM) | 18.19 | 8.67 |
| EPS (TTM) | $0.29 | $0.89 |
| Dividend yield | 13.65% | 8.99% |
| Annual dividend | $0.72 | $0.694 |
| 52-week high | $6.30 | $9.05 |
| 52-week low | $5.18 | $7.72 |
| Distance from 52-week high | -16.27% | -14.70% |
| Average volume | 52.86K | 52.31K |
| Shares outstanding | 20.99M | 26.75M |
| 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 (18.2x vs 8.7x trailing P/E).
- XAI Madison Equity Premium Income Fund offers a meaningfully higher dividend yield (13.65% vs 8.99%).
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 Saba Capital Income & Opportunities Fund II
SABA stock →Saba Capital Income & Opportunities Fund II is a closed-ended fixed income mutual fund launched and managed by Saba Capital Management, L.P. The fund invests in fixed income markets across the globe.
Financial Services · Asset Management
MCN vs SABA FAQ
Which is bigger, XAI Madison Equity Premium Income Fund or Saba Capital Income & Opportunities Fund II?
Saba Capital Income & Opportunities Fund II (SABA) is larger, with a market capitalization of $206.54M compared with $110.74M for XAI Madison Equity Premium Income Fund (MCN).
Which has the lower P/E ratio, MCN or SABA?
SABA has the lower trailing P/E at 8.7, versus 18.2 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, XAI Madison Equity Premium Income Fund or Saba Capital Income & Opportunities Fund II?
XAI Madison Equity Premium Income Fund has the higher yield at 13.65%, compared with 8.99% for Saba Capital Income & Opportunities Fund II.
Are XAI Madison Equity Premium Income Fund and Saba Capital Income & Opportunities Fund II in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.