EXHIBIT (b)



                    CERTIFICATION OF CEO AND CFO PURSUANT TO

                             18 U.S.C. SECTION 1350,

                             AS ADOPTED PURSUANT TO

                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002



In connection with the Report on Form N-CSR of Madison/Claymore Covered Call &
Equity Strategy Fund (the "Company") for the period ended June 30, 2009 (the
"Report"), J. Thomas Futrell, as Chief Executive Officer of the Company, and
Steven M. Hill, as Chief Accounting Officer, Chief Financial Officer and
Treasurer of the Company, each hereby certifies, pursuant to 18 U.S.C. Section
1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,
that, to the best of his knowledge:

         (1)      the Report fully complies with the requirements of Section
                  13(a) or 15(d) of the Securities Exchange Act of 1934; and

         (2)      the information contained in the Report fairly presents, in
                  all material respects, the financial condition and results of
                  operations of the Company.



Dated:   September 1, 2009
         --------------------------------------


         /s/ J. Thomas Futrell
         --------------------------------------

Name:    J. Thomas Futrell

Title:   Chief Executive Officer



         /s/ Steven M. Hill
         --------------------------------------

Name:    Steven M. Hill

Title:   Chief Accounting Officer, Chief Financial Officer and Treasurer