Equities

Madison Covered Call and Equity Strategy Fund

MCN:NYQ

Madison Covered Call and Equity Strategy Fund

Actions
FinancialsClosed End Investments
  • Price (USD)7.31
  • Today's Change-0.19 / -2.53%
  • Shares traded200.43k
  • 1 Year change-5.19%
  • Beta0.8154
Data delayed at least 15 minutes, as of Mar 28 2024 20:10 BST.
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About the company

Madison Covered Call & Equity Strategy 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 pursue its investment objectives by investing primarily in large and mid-capitalization common stocks. Under normal market conditions, the Fund seeks to generate current earnings from option premiums by writing (selling) covered call options on a substantial portion of its portfolio securities. The Fund invests at least 80% of its total assets in common stocks, with at least 65% of its total assets in common stocks of large capitalization issuers. The Fund may invest the remainder of its total assets in companies that meet the Fund's growth and value criteria but whose market capitalization is considered as middle-sized or mid-cap. The Fund's investment advisor is Madison Asset Management, LLC.

  • Revenue in USD (TTM)4.14m
  • Net income in USD15.29m
  • Incorporated2004
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Blockchain Coinvestors Acqustn Corp I0.001.74m149.12m0.00130.608.3085.84--0.0850.0850.001.340.00------0.9997--1.03--------------0.0814------2,706.90------
Eagle Point Income Company Inc26.75m29.29m149.54m--4.961.16--5.593.363.362.9514.390.1364--254.30--14.933.2315.043.2968.6768.18109.4830.73----0.3467--40.7982.64283.66------
New Germany Fund Inc.-100.00bn-100.00bn149.92m--------------------------------------------------------------
FTAC Emerald Acquisition Corp0.004.44m150.81m--80.851.6433.94--0.130.130.006.400.00------2.11--2.13--------------0.0141------298.26------
InFintT Acquisition Corp0.002.94m151.62m--70.042.1151.65--0.16350.16350.005.420.00------2.05--2.09--------------0.0035-------511.98------
Battery Future Acquisition Corp0.008.99m151.75m--46.951.90----0.23430.23430.005.790.00------3.75--3.79--------------0.00------233.37------
ESH Acquisition Corp0.00907.21k151.76m--161.771.26----0.0640.0640.008.20----------------------------0.00-------2,163.95------
Madison Covered Call & Equity Strtgy Fd4.14m15.29m153.77m--10.071.04--37.130.72620.72620.19667.060.027------9.9910.0310.1210.2160.4844.69369.21537.85----0.0096.1148.725.85124.58----0.00
Pyrophyte Acquisition Corp0.006.36m155.88m--35.281.84----0.31550.31550.006.040.00------4.16--4.18--------------0.0077------328.46------
Monroe Capital Corp65.46m371.00k156.00m0.00420.320.7657--2.380.01710.01713.029.400.1214--3.66--0.06921.730.07041.7639.9844.860.569916.68--1.020.5988228.9314.872.16113.32-42.39---6.51
Blackstone Long-Short Credit Income Fund-100.00bn-100.00bn156.44m--------------------------------------------------------------
Credit Suisse Asset Management In FndInc17.74m26.00m156.62m6.005.990.9972--8.830.49260.49260.3362.960.0821--4.48--12.034.8112.585.0376.1983.66146.6271.63----0.2516122.4516.700.2784216.09----0.2237
BlackRock Muniyield Pennsylvania QltyFnd-100.00bn-100.00bn157.73m--------------------------------------------------------------
Alchemy Investments Acquisition Corp 1-100.00bn-100.00bn158.39m----0.2672----------39.60----------------------------0.00--------------
Neuberger Brmn Rl stt Scrts ncm Fnd nc-100.00bn-100.00bn158.50m--------------------------------------------------------------
Gabelli Multimedia Trust Inc-100.00bn-100.00bn158.90m--------------------------------------------------------------
Data as of Mar 28 2024. Currency figures normalised to Madison Covered Call and Equity Strategy Fund's reporting currency: US Dollar USD

Institutional shareholders

17.58%Per cent of shares held by top holders
HolderShares% Held
Osaic Wealth, Inc. (Investment Management)as of 31 Dec 2023745.21k3.54%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Dec 2023661.85k3.15%
FSC Securities Corp.as of 30 Sep 2023495.38k2.36%
Raymond James Financial Services Advisors, Inc.as of 31 Dec 2023465.84k2.22%
UBS Financial Services, Inc.as of 31 Dec 2023387.41k1.84%
LPL Financial LLCas of 31 Dec 2023297.43k1.41%
Centurion Wealth Management LLCas of 31 Dec 2023192.26k0.91%
Spire Wealth Management LLCas of 31 Dec 2023192.26k0.91%
Invesco Capital Management LLCas of 31 Dec 2023152.80k0.73%
Invesco Investment Advisers LLCas of 31 Dec 2023108.24k0.52%
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Data from 30 Sep 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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