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.
Industry, Sector and Symbol
Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
Phone+1-608-2740300
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) Frequently Asked Questions
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."
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 declared a quarterly dividend on Tuesday, September 3rd. Shareholders of record on Wednesday, September 18th will be paid a dividend of $0.18 per share on Monday, September 30th. This represents a $0.72 annualized dividend and a yield of 11.52%. The ex-dividend date is Tuesday, September 17th. 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 trended negative recently, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Madison Covered Call & Equity Strtgy Fd earned a news impact score of -2.8 on InfoTrie's scale. They also assigned news coverage 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 effect on the stock's share price in the next few days. View News Stories for Madison Covered Call & Equity Strtgy Fd.
Who are some of Madison Covered Call & Equity Strtgy Fd's key competitors?
Some companies that are related to Madison Covered Call & Equity Strtgy Fd include 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), Aberdeen Australia Equity Fund (IAF), Ackermans & van Haaren (ACKB), Advent Claymore Convertible Sec & Inc Fd (AVK), Allianzgi Diversified Incm and Cnvrtb Fd (ACV), AllianzGI Equity & Convertible Income FD (NIE), Alpine Global Premier Properties Fund (AWP), Amedeo Resources (AMED), Apollo Senior Floating Rate Fund (AFT), Azimut (AZIHF), Bankinter (BKT), Barings Global Short Duratin Hgh Yld Fnd (BGH), Bermele (BERM) and BlackRock Core Bond Trust (BHK).
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 folowing 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)
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 $6.25.
What is Madison Covered Call & Equity Strtgy Fd's official website?
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)
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.
