Madison Strategic Sector Premium Fund Company Profile (NYSE:MSP)

About Madison Strategic Sector Premium Fund (NYSE:MSP)

Madison Strategic Sector Premium Fund logoMadison Strategic Sector Premium Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income and current gains, with a secondary objective of long-term capital appreciation. The Fund focuses on pursuing its investment objectives by investing primarily in large and mid-capitalization common stocks. Under normal market conditions, the Fund seeks to generate earnings from option premiums by writing (selling) covered call options on a substantial portion of its portfolio securities. The Fund invests in various sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, telecommunication services, exchange-traded funds, short-term investments and the United States government and agency obligations. Madison Asset Management, LLC serves as an investment advisor for the Fund.

Industry, Sector and Symbol:
  • Sector: Financials
  • Industry: Closed End Funds
  • Sub-Industry: N/A
  • Symbol: NYSE:MSP
  • CUSIP: N/A
  • Web: madisonfunds.com/
Average Prices:
  • 50 Day Moving Avg: $11.75
  • 200 Day Moving Avg: $11.88
  • 52 Week Range: $11.29 - $12.42
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Misc:
  • Average Volume: 11,454 shs.
 

Frequently Asked Questions for Madison Strategic Sector Premium Fund (NYSE:MSP)

What is Madison Strategic Sector Premium Fund's stock symbol?

Madison Strategic Sector Premium Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSP."

How often does Madison Strategic Sector Premium Fund pay dividends? What is the dividend yield for Madison Strategic Sector Premium Fund?

Madison Strategic Sector Premium Fund declared a quarterly dividend on Tuesday, September 5th. Investors of record on Friday, September 15th will be given a dividend of $0.26 per share on Friday, September 29th. This represents a $1.04 dividend on an annualized basis and a yield of 8.71%. The ex-dividend date is Thursday, September 14th. View Madison Strategic Sector Premium Fund's Dividend History.

Who are some of Madison Strategic Sector Premium Fund's key competitors?

Who are Madison Strategic Sector Premium Fund's key executives?

Madison Strategic Sector Premium Fund's management team includes the folowing people:

  • Katherine L. Frank, President, Trustee
  • Frank E. Burgess, Vice President, Trustee
  • Paul A. Lefurgey, Vice President
  • Jay R. Sekelsky, Vice President
  • Greg D. Hoppe, Treasurer
  • Holly S. Baggot, Secretary, Assistant Treasurer
  • Philip E. Blake, Independent Trustee
  • James R. Imhoff Jr., Independent Trustee

Who owns Madison Strategic Sector Premium Fund stock?

Madison Strategic Sector Premium Fund's stock is owned by a variety of of institutional and retail investors. Top institutional investors include KARPUS MANAGEMENT, INC. (24.10%) and Sit Investment Associates Inc. (0.00%). View Institutional Ownership Trends for Madison Strategic Sector Premium Fund.

Who bought Madison Strategic Sector Premium Fund stock? Who is buying Madison Strategic Sector Premium Fund stock?

Madison Strategic Sector Premium Fund's stock was bought by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc.. View Insider Buying and Selling for Madison Strategic Sector Premium Fund.

How do I buy Madison Strategic Sector Premium Fund stock?

Shares of Madison Strategic Sector Premium Fund can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Madison Strategic Sector Premium Fund's stock price today?

One share of Madison Strategic Sector Premium Fund stock can currently be purchased for approximately $11.94.


MarketBeat Community Rating for Madison Strategic Sector Premium Fund (NYSE MSP)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  22 (Vote Outperform)
Underperform Votes:  18 (Vote Underperform)
Total Votes:  40
MarketBeat's community ratings are surveys of what our community members think about Madison Strategic Sector Premium Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Madison Strategic Sector Premium Fund (NYSE:MSP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A
Consensus Price Target History for Madison Strategic Sector Premium Fund (NYSE:MSP)
Price Target History for Madison Strategic Sector Premium Fund (NYSE:MSP)
Analysts' Ratings History for Madison Strategic Sector Premium Fund (NYSE:MSP)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Madison Strategic Sector Premium Fund (NYSE:MSP)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Madison Strategic Sector Premium Fund (NYSE:MSP)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Madison Strategic Sector Premium Fund (NYSE:MSP)
Most Recent Dividend:9/29/2017
Annual Dividend:$1.04
Dividend Yield:8.71%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:
Dividend Payments by Quarter for Madison Strategic Sector Premium Fund (NYSE:MSP)

Dividend History by Quarter for Madison Strategic Sector Premium Fund (NYSE MSP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/5/2017quarterly$0.268.99%9/14/20179/15/20179/29/2017
6/2/2017quarterly$0.268.55%6/14/20176/16/20176/30/2017
3/2/2017quarterly$0.268.48%3/15/20173/17/20173/31/2017
12/2/2016quarterly$0.268.78%12/14/201612/16/201612/30/2016
9/2/2016quarterly$0.268.81%9/14/20169/16/20169/30/2016
6/3/2016quarterly$0.268.99%6/15/20166/17/20166/30/2016
3/2/2016quarterly$0.269.44%3/15/20163/17/20163/31/2016
12/2/2015quarterly$0.269.15%12/15/201512/17/201512/30/2015
9/2/2015quarterly$0.269.55%9/15/20159/17/20159/30/2015
6/2/2015quarterly$0.268.51%6/16/20156/18/20156/30/2015
3/3/2015quarterly$0.268.47%3/17/20153/19/20153/31/2015
12/1/2014quarterly$0.268.34%12/15/201412/17/201412/30/2014
9/3/2014quarterly$0.268.04%9/15/20149/17/20149/30/2014
6/3/2014quarterly$0.268.12%6/16/20146/18/20146/30/2014
3/4/2014quarterly$0.268.3%3/17/20143/19/20143/31/2014
12/2/2013quarterly$0.268.7%12/13/201312/17/201312/27/2013
9/3/2013quarterly$0.268.9%9/16/20139/18/20139/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Madison Strategic Sector Premium Fund (NYSE:MSP)
Insider Trades by Quarter for Madison Strategic Sector Premium Fund (NYSE:MSP)
Institutional Ownership by Quarter for Madison Strategic Sector Premium Fund (NYSE:MSP)
Insider Trades by Quarter for Madison Strategic Sector Premium Fund (NYSE:MSP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/14/2014Lorence D WheelerDirectorSell1,245$12.12$15,089.40View SEC Filing  
3/14/2013Jay SekelskyVPSell3,386$12.01$40,665.86View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Madison Strategic Sector Premium Fund (NYSE:MSP)
Latest Headlines for Madison Strategic Sector Premium Fund (NYSE:MSP)
Source:

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Chart

Madison Strategic Sector Premium Fund (MSP) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

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