Madison Covered Call & Equity Strategy Fund (MCN) Stock Price, News & Analysis

Company Overview

Madison Covered Call & Equity Strategy Fund (NYSE: MCN) is a closed-end management investment company designed to provide investors with total return through a blend of current income and capital appreciation. Listed on the New York Stock Exchange, the Fund pursues its objective by investing primarily in equity securities of U.S. companies and employing an options overlay to enhance income generation.

The Fund’s investment approach centers on fundamental analysis to identify large- and mid-cap stocks with attractive risk/return profiles. To supplement dividends and potential gains from these equity holdings, the Fund writes (sells) covered call options on a portion of its portfolio. Premiums received from option writing aim to boost monthly distributions while retaining upside exposure to the underlying securities.

Madison Sustainable Management, LLC, an affiliate of Madison Investments, serves as the Fund’s investment adviser. The adviser’s team draws on experience in equity selection and derivatives management to balance the Fund’s income objectives with its long-term growth mandate. Monthly distributions to shareholders are drawn from option premiums, dividends on stock holdings and net investment income, offering a structured income solution for investors seeking regular payouts.

Key Stats

• Today's Range: $6.23 to $6.25
• 50-Day Range: $6.14 to $6.35
• 52-Week Range: $5.16 to $7.47
• Volume: 27,488 shs
• Average Volume: 71,065 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 14.41%
• Price Target: N/A
• Consensus Rating: N/A

MCN Stock Analysis - Frequently Asked Questions

How have MCN shares performed this year?

Madison Covered Call & Equity Strategy Fund's stock was trading at $6.71 on January 1st, 2025. Since then, MCN shares have decreased by 6.9% and is now trading at $6.2450.

Who are Madison Covered Call & Equity Strategy Fund's major shareholders?

Madison Covered Call & Equity Strategy Fund's top institutional shareholders include Osaic Holdings Inc., Shaker Financial Services LLC, Invesco Ltd. and Absolute Investment Advisers LLC.
View institutional ownership trends.

How do I buy shares of Madison Covered Call & Equity Strategy Fund?

Shares of MCN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Madison Covered Call & Equity Strategy Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Madison Covered Call & Equity Strategy Fund investors own include Enterprise Products Partners (EPD), Altria Group (MO), Verizon Communications (VZ), MPLX (MPLX), British American Tobacco (BTI), Global X Nasdaq 100 Covered Call ETF (QYLD) and Black Stone Minerals (BSM).

Company Calendar

• Record date for 9/2 Dividend: 8/15/2025
• Ex-Dividend for 9/2 Dividend: 8/15/2025
• Dividend Payable: 9/02/2025
• Today: 9/12/2025
• Record date for 10/1 Dividend: 9/16/2025
• Ex-Dividend for 10/1 Dividend: 9/16/2025
• Dividend Payable: 10/01/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:MCN
• CIK: 1289868
• Web: madisonfunds.com
• Phone: 800-767-0300
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $6.86 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A