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NYSE:MCN - Madison Covered Call & Equity Strtgy Fd Stock Price, Forecast & News

$5.02
-0.07 (-1.38 %)
(As of 03/29/2020 02:28 PM ET)
Today's Range
$4.85
Now: $5.02
$5.10
50-Day Range
$3.99
MA: $5.85
$6.75
52-Week Range
$3.50
Now: $5.02
$6.87
Volume115,653 shs
Average Volume105,017 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.10%
BetaN/A
Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth (GARP) stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as PEG ratios (price-earnings ratio to growth rate), financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index. The fund conducts in-house research to make its investments. It was formerly known as Madison/Claymore Covered Call & Equity Strategy Fund. Madison Covered Call & Equity Strategy Fund was formed on May 6, 2004 and is domiciled in the United States.
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Industry, Sector and Symbol

Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
CUSIPN/A
Phone+1-608-2740300

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable

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Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) Frequently Asked Questions

How has Madison Covered Call & Equity Strtgy Fd's stock been impacted by COVID-19 (Coronavirus)?

Madison Covered Call & Equity Strtgy Fd's stock was trading at $5.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MCN shares have decreased by 7.6% and is now trading at $5.02. View which stocks have been mosted impacted by Coronavirus.

How often does Madison Covered Call & Equity Strtgy Fd pay dividends? What is the dividend yield for Madison Covered Call & Equity Strtgy Fd?

Madison Covered Call & Equity Strtgy Fd announced a quarterly dividend on Monday, March 2nd. Shareholders of record on Tuesday, March 17th will be given a dividend of $0.18 per share on Tuesday, March 31st. This represents a $0.72 annualized dividend and a yield of 14.34%. The ex-dividend date is Monday, March 16th. View Madison Covered Call & Equity Strtgy Fd's dividend history.

Has Madison Covered Call & Equity Strtgy Fd been receiving favorable news coverage?

News headlines about MCN stock have been trending extremely negative on Sunday, according to InfoTrie. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Madison Covered Call & Equity Strtgy Fd earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned news headlines about the investment management company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutMadison Covered Call & Equity Strtgy Fd.

Are investors shorting Madison Covered Call & Equity Strtgy Fd?

Madison Covered Call & Equity Strtgy Fd saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 14,500 shares, an increase of 93.3% from the February 27th total of 7,500 shares. Based on an average daily trading volume, of 84,700 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company's stock are short sold. View Madison Covered Call & Equity Strtgy Fd's Current Options Chain.

Who are some of Madison Covered Call & Equity Strtgy Fd's key competitors?

What other stocks do shareholders of Madison Covered Call & Equity Strtgy Fd own?

Who are Madison Covered Call & Equity Strtgy Fd's key executives?

Madison Covered Call & Equity Strtgy Fd's management team includes the following people:
  • Mr. Kevin M. Robinson, Chief Exec. Officer (Age 60)
  • Ms. Katherine Lousie Frank, Pres (Age 59)
  • Mr. John L. Sullivan, Chief Financial Officer and Chief Accounting Officer (Age 64)
  • Ms. Pamela Marie Krill J.D., Chief Legal Officer, Gen. Counsel and Assistant Sec. (Age 53)
  • Mr. Wayne Richard Mason, Chief Compliance Officer, Corp. Counsel and Assistant Sec. (Age 59)

What is Madison Covered Call & Equity Strtgy Fd's stock symbol?

Madison Covered Call & Equity Strtgy Fd trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCN."

Who are Madison Covered Call & Equity Strtgy Fd's major shareholders?

Madison Covered Call & Equity Strtgy Fd's stock is owned by many different institutional and retail investors. Top institutional shareholders include Guggenheim Capital LLC (0.00%), Advisors Asset Management Inc. (0.00%), UBS Group AG (0.00%), Geode Capital Management LLC (0.00%), Bank of America Corp DE (0.00%) and Raymond James & Associates (0.00%). View institutional ownership trends for Madison Covered Call & Equity Strtgy Fd.

Which institutional investors are selling Madison Covered Call & Equity Strtgy Fd stock?

MCN stock was sold by a variety of institutional investors in the last quarter, including Advisor Group Inc., Shaker Financial Services LLC, Advisors Asset Management Inc., Financial Advocates Investment Management, Mutual Advisors LLC, and RMB Capital Management LLC. View insider buying and selling activity for Madison Covered Call & Equity Strtgy Fd.

Which institutional investors are buying Madison Covered Call & Equity Strtgy Fd stock?

MCN stock was acquired by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, Geode Capital Management LLC, City of London Investment Management Co. Ltd., Cornerstone Advisors LLC, Landscape Capital Management L.L.C., Cambridge Investment Research Advisors Inc., Shepherd Kaplan Krochuk LLC, and Bank of America Corp DE. View insider buying and selling activity for Madison Covered Call & Equity Strtgy Fd.

How do I buy shares of Madison Covered Call & Equity Strtgy Fd?

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

What is Madison Covered Call & Equity Strtgy Fd's stock price today?

One share of MCN stock can currently be purchased for approximately $5.02.

What is Madison Covered Call & Equity Strtgy Fd's official website?

The official website for Madison Covered Call & Equity Strtgy Fd is http://madisonfunds.com/.

How can I contact Madison Covered Call & Equity Strtgy Fd?

Madison Covered Call & Equity Strtgy Fd's mailing address is 550 Science Dr, MADISON, WI 53711-1059, United States. The investment management company can be reached via phone at +1-608-2740300.


MarketBeat Community Rating for Madison Covered Call & Equity Strtgy Fd (NYSE MCN)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  54 (Vote Outperform)
Underperform Votes:  85 (Vote Underperform)
Total Votes:  139
MarketBeat's community ratings are surveys of what our community members think about Madison Covered Call & Equity Strtgy Fd and other stocks. Vote "Outperform" if you believe MCN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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