MCN Stock Overview
Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc.
Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 0/6 |
Past Performance | 4/6 |
Financial Health | 5/6 |
Dividends | 3/6 |
Madison Covered Call & Equity Strategy Fund Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$7.39 |
52 Week High | US$8.60 |
52 Week Low | US$6.69 |
Beta | 0.82 |
1 Month Change | -0.94% |
3 Month Change | 3.79% |
1 Year Change | -3.52% |
3 Year Change | -1.60% |
5 Year Change | 10.79% |
Change since IPO | -50.73% |
Recent News & Updates
MCN: A Fund For Investors Looking To Value And High Yield
Jan 12MCN: Suitability Depends On Your View Of The Market
Dec 19MCN: This Covered Call Fund Is Getting Much More Attractive
Oct 12MCN: A Very Good Fund, But The Premium Is Irritating
Aug 08Recent updates
MCN: A Fund For Investors Looking To Value And High Yield
Jan 12MCN: Suitability Depends On Your View Of The Market
Dec 19MCN: This Covered Call Fund Is Getting Much More Attractive
Oct 12MCN: A Very Good Fund, But The Premium Is Irritating
Aug 08MCN: Good Strategy But Marred By Overdistributing And Expensive Price
Dec 14MCN: A Covered Call Writing Fund For The Watchlist
Aug 30MCN: Actively Managed Buy-Write CEF, 9.27% Yield
Apr 15MCN: Great Yield But Richly Valued
Oct 28MCN: An Underfollowed CEF With A Fantastic Yield
Jul 12Madison Covered Call & Equity Strategy Fund declares $0.18 dividend
Jun 01Madison Covered Call & Equity Strategy Fund declares $0.18 dividend
Dec 01Shareholder Returns
MCN | US Capital Markets | US Market | |
---|---|---|---|
7D | 0.7% | -0.9% | 0.5% |
1Y | -3.5% | 30.5% | 29.0% |
Return vs Industry: MCN underperformed the US Capital Markets industry which returned 30.8% over the past year.
Return vs Market: MCN underperformed the US Market which returned 28.4% over the past year.
Price Volatility
MCN volatility | |
---|---|
MCN Average Weekly Movement | 2.2% |
Capital Markets Industry Average Movement | 3.3% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: MCN has not had significant price volatility in the past 3 months.
Volatility Over Time: MCN's weekly volatility (2%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2004 | n/a | Kevin Robinson | https://www.madisonfunds.com/individual/madison-covered-call-and-equity-strategy-fund |
Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.
Madison Covered Call & Equity Strategy Fund Fundamentals Summary
MCN fundamental statistics | |
---|---|
Market cap | US$155.65m |
Earnings (TTM) | US$15.29m |
Revenue (TTM) | US$4.14m |
10.2x
P/E Ratio37.6x
P/S RatioIs MCN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
MCN income statement (TTM) | |
---|---|
Revenue | US$4.14m |
Cost of Revenue | US$0 |
Gross Profit | US$4.14m |
Other Expenses | -US$11.15m |
Earnings | US$15.29m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | 0.73 |
Gross Margin | 100.00% |
Net Profit Margin | 369.20% |
Debt/Equity Ratio | 0% |
How did MCN perform over the long term?
See historical performance and comparison