Xai Madison Equity Premium Income Fund (MCN)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Advisor Group Holdings, Inc.	803,919	$6,053,721	0.01%
2.	Morgan Stanley	661,853	$4,983,757	0%
3.	Raymond James Financial Services Advisors, Inc.	465,837	$3,507,752	0%
4.	Ubs Group Ag	389,543	$2,933,259	0%
5.	Lpl Financial Llc	297,434	$2,239,675	0%