Xai Madison Fairness’s adviser personnel acquires shares for $16,560

John Yogi Spence, recognized as adviser personnel, has bought a complete of two,500 widespread shares of XAI Madison Fairness Premium Revenue Fund (NYSE:MCN) in response to a current SEC submitting. The transactions, executed on December 19, 2024, have been made at costs starting from $6.60 to $6.63 per share, amounting to a complete acquisition worth of $16,560. The timing seems notable as InvestingPro information exhibits the inventory buying and selling close to its 52-week low of $6.56, whereas providing a horny 11% dividend yield. The fund has maintained dividend funds for 18 consecutive years, with comparatively low value volatility indicated by a beta of 0.82.

Need deeper insights into MCN’s insider buying and selling patterns and valuation metrics? InvestingPro subscribers have entry to unique evaluation and real-time alerts. Following these transactions, Spence holds 2,500 shares in direct possession.

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