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

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$6.87 +0.06 (+0.88 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$6.81
Today's Range$6.82 - $6.92
52-Week Range$5.72 - $7.94
Volume61,200 shs
Average Volume75,955 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
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 announced a quarterly dividend on Tuesday, December 4th. Investors of record on Monday, December 17th will be given a dividend of $0.18 per share on Monday, December 31st. This represents a $0.72 dividend on an annualized basis and a yield of 10.48%. The ex-dividend date of this dividend is Friday, December 14th. View Madison Covered Call & Equity Strtgy Fd's Dividend History.

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

Media headlines about MCN stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Madison Covered Call & Equity Strtgy Fd earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave headlines about the investment management company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

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

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)

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

Madison Covered Call & Equity Strtgy Fd's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Karpus Management Inc. (0.00%), Advisor Group Inc. (0.00%), Advisors Asset Management Inc. (0.00%), Raymond James & Associates (0.00%), Bank of America Corp DE (0.00%) and LPL Financial LLC (0.00%). Company insiders that own Madison Covered Call & Equity Strtgy Fd stock include Gurminder Singh Sangha and Richard E Struthers. 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 Karpus Management Inc., PNC Financial Services Group Inc. and Shaker Financial Services LLC. View Insider Buying and Selling for Madison Covered Call & Equity Strtgy Fd.

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

MCN stock was bought by a variety of institutional investors in the last quarter, including Raymond James & Associates, Advisors Asset Management Inc., LPL Financial LLC, Cambridge Investment Research Advisors Inc., Citigroup Inc., Raymond James Financial Services Advisors Inc., RMB Capital Management LLC and Pinkerton Retirement Specialists LLC. Company insiders that have bought Madison Covered Call & Equity Strtgy Fd stock in the last two years include Gurminder Singh Sangha and Richard E Struthers. View Insider Buying and Selling 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, Scottrade, 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 $6.87.

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/individual/madison-covered-call-and-equity-strategy-fund.

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:  1.8 out of 5 (star)
Outperform Votes:  39 (Vote Outperform)
Underperform Votes:  69 (Vote Underperform)
Total Votes:  108
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 2/19/2019 by MarketBeat.com Staff

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