Madison Covered Call and Equity Strategy Fund has a primary objective of obtaining a high level of current income and gains, with a secondary objective of achieving long-term capital appreciation.
The fund seeks these goals by investing in large and mid-capitalizations stocks that are selling at a reasonable price with respect to their long-term earnings growth rates. The income comes in the form option premiums which are generated by writing covered calls on a majority of stocks in the portfolio.
Company profile
Ticker
MCN
Exchange
CEO
Katherine L. Frank
Employees
Incorporated
Location
Fiscal year end
Former names
Madison Claymore Covered Call Fund, Madison/Claymore Covered Call & Equity Strategy Fund, Madison/Claymore Covered Call Fund, Madison/Claymore Covered Call Strategy Fund
SEC CIK
MCN stock data
Latest filings (excl ownership)
N-CEN
Annual report (registered investment company)
13 Mar 24
N-CSR
Certified annual shareholder report (management investment company)
29 Feb 24
DEFA14A
Additional proxy soliciting materials
13 Nov 23
DEFA14A
Additional proxy soliciting materials
24 Oct 23
DEFA14A
Additional proxy soliciting materials
24 Oct 23
DEFA14A
Additional proxy soliciting materials
18 Oct 23
DEFA14A
Additional proxy soliciting materials
10 Oct 23
DEF 14A
Definitive proxy
22 Sep 23
PRE 14A
Preliminary proxy
12 Sep 23
N-CSRS
Certified semi-annual shareholder report (management investment company)
28 Aug 23
Latest ownership filings
NPORT-P
Madison Covered Call & Equity Strategy Fund (Dec 2023 report)
22 Feb 24
NPORT-P
Madison Covered Call & Equity Strategy Fund (Sep 2023 report)
16 Nov 23
5
Paul Anthony Lefurgey
9 Nov 23
3
Jill M Friedow
9 Nov 23
NPORT-P
Madison Covered Call & Equity Strategy Fund (Jun 2023 report)
18 Aug 23
NPORT-P
Madison Covered Call & Equity Strategy Fund (Mar 2023 report)
18 May 23
NPORT-P
Madison Covered Call & Equity Strategy Fund (Dec 2022 report)
16 Feb 23
NPORT-P
Madison Covered Call & Equity Strategy Fund (Sep 2022 report)
28 Nov 22
NPORT-P
Madison Covered Call & Equity Strategy Fund (Jun 2022 report)
25 Aug 22
NPORT-P
Madison Covered Call & Equity Strategy Fund (Mar 2022 report)
18 May 22
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
Madison Covered Call & Equity Strategy Fund | – | 1.49 | -1.60 | -1.84 | 150.39 mm | 92 | Sep 2023 |
Institutional ownership, Q3 2023
20.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 43 |
Opened positions | 6 |
Closed positions | 5 |
Increased positions | 19 |
Reduced positions | 9 |
13F shares | Current |
---|---|
Total value | 29.67 bn |
Total shares | 4.30 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Advisor | 966.71 k | $6.83 bn |
MS Morgan Stanley | 743.89 k | $5.26 bn |
UBS UBS Group AG - Registered Shares | 406.30 k | $2.87 bn |
LPL Financial | 301.68 k | $2.13 bn |
IVZ Invesco | 286.22 k | $2.02 bn |
Spire Wealth Management | 191.76 k | $1.36 bn |
Centurion Wealth Management | 191.76 k | $1.36 bn |
Raymond James Financial Services Advisors | 152.83 k | $1.08 bn |
Guggenheim Capital | 103.56 k | $732.18 mm |
WFC Wells Fargo & Co. | 96.71 k | $683.72 mm |