NYSE:MCN
Madison Covered Call & Equity Strategy Stock News
$7.05
+0.0500 (+0.714%)
At Close: Apr 29, 2024
MCN: A Fund For Investors Looking To Value And High Yield
03:28am, Friday, 12'th Jan 2024
Madison Covered Call and Equity Strategy Fund has delivered strong performance compared to the benchmark, despite following a more value-oriented strategy. MCN offers diversification for investors wit
MCN: Suitability Depends On Your View Of The Market
10:24am, Tuesday, 19'th Dec 2023
The Madison Covered Call and Equity Strategy Fund offers a 9.92% yield, higher than most equity funds. The MCN closed-end fund has slightly underperformed the S&P 500 Index in the past two months but
MCN: This Covered Call Fund Is Getting Much More Attractive
05:55pm, Thursday, 12'th Oct 2023
The Madison Covered Call and Equity Strategy Fund offers a high level of income and potential for upside compared to fixed-income funds. The MCN closed-end fund has underperformed the S&P 500 Index ov
MCN: A Very Good Fund, But The Premium Is Irritating
11:51am, Tuesday, 08'th Aug 2023
The rapidly rising cost of living has strained the budgets of many Americans. Wages have not kept up with the rising prices, forcing people to see alternative sources of income to maintain their lifes
MCN: Strong Performance, But Premium Persists
05:11am, Saturday, 25'th Mar 2023
MCN has been able to reduce losses relative to the market. This would be thanks to its call-writing strategy plus holding a significant portion of its portfolio in money markets.
MCN: A Diamond In The Rough
08:07pm, Monday, 19'th Dec 2022
MCN is an equity buy-write closed-end fund. The CEF has significantly outperformed the S&P 500 Buy-Write Index, which is down almost -12% this year.
MCN: Good Strategy But Marred By Overdistributing And Expensive Price
02:28pm, Wednesday, 14'th Dec 2022
Madison Covered Call & Equity Strategy Fund invests in a diversified portfolio of stocks and writes covered calls against them to generate income. The covered call strategy is one of the best techniqu
Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)
12:51pm, Tuesday, 01'st Nov 2022
16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.
Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)
12:22pm, Monday, 24'th Oct 2022
0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.
Equity CEFs: Why MCN Should Be The Fund At A 69% Premium
09:31am, Friday, 07'th Oct 2022
You cannot make this stuff up. We're in a bear market, right? Then why is a CEF that has lost -46.1% of its NAV this year trading at a +69% market-price premium? And why is another CEF whose NAV is on
MCN: A Covered Call Writing Fund For The Watchlist
11:37am, Tuesday, 30'th Aug 2022
MCN has been brought up in the past, but more recently, it seems to have been a more frequent occurrence. I've run across MCN previously, but I haven't looked at the fund too much in-depth.
5 Simple Steps to Make $50,000 in Passive Income Per Year
05:52am, Sunday, 19'th Jun 2022
You don't even have to follow all of the steps.
Here's the Easiest Path to Make at Least $70,000 Per Year in Retirement
05:55am, Sunday, 12'th Jun 2022
Retiring comfortably could be less daunting than you might think.
Weekly Closed-End Fund Roundup: December 26, 2021
05:07am, Tuesday, 04'th Jan 2022
20 out of 24 CEF sectors positive on price and 14 out of 24 sectors positive on NAV last week. It's pretty quiet in CEF-land, fund managers need holidays too. MLPs remain the most discounted sector.
MCN: Great Yield But Richly Valued
06:44pm, Thursday, 28'th Oct 2021
Investors continue to struggle with an inability to generate any significant amount of income off of their assets. MCN uses a covered call strategy to provide investors with a very attractive yield.