Madison Covered Call & Equity Strategy Fund (MCN) DEFA14A Additional proxy soliciting materials

MADISON COVERED CALL & EQUITY STRATEGY FUND

ANNUAL MEETING OF SHAREHOLDERS

SEPTEMBER 28, 2018

IMPORTANT SHAREHOLDER INFORMATION

PLEASE VOTE PROMPTLY

VOTING IS QUICK AND EASY

Dear Shareholder:
We recently sent you proxy materials concerning important proposals regarding your investment, which will be considered at the Annual Meeting of Shareholders on September 28, 2018 at the offices of the Fund, 550 Science Drive, Madison, Wisconsin. This letter was sent to you because you held shares on the record date and we have not received your vote.
Your vote is critical to this process. Please vote prior to the Annual Meeting on September 28, 2018.
Thank you for your prompt attention to this matter. If you have already voted, we appreciate your participation.
/s/ Katherine L. Frank
Katherine L. Frank President Madison Covered Call & Equity Strategy Fund