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

Company Overview

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.

Key Stats

• Today's Range: $5.79 to $5.85
• 50-Day Range: $5.25 to $6.35
• 52-Week Range: $5.16 to $7.60
• Volume: 48,473 shs
• Average Volume: 59,622 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 14.43%
• 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 stock has decreased by 13.3% and is now trading at $5.82.
View the best growth stocks for 2025 here.

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

Madison Covered Call & Equity Strategy Fund's top institutional shareholders include Shaker Financial Services LLC, LPL Financial LLC, Consolidated Portfolio Review Corp and World Equity Group Inc..
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 4/1 Dividend: 3/17/2025
• Ex-Dividend for 4/1 Dividend: 3/17/2025
• Dividend Payable: 4/01/2025
• Ex-Dividend for 5/1 Dividend: 4/15/2025
• Record date for 5/1 Dividend: 4/16/2025
• Dividend Payable: 5/01/2025
• Today: 5/10/2025

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 (Most Recent Fiscal Year): 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: $5.72 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