Invest in 10,000+ US Stocks and ETFs
* Offering through VF Securities, Inc. (member FINRA/SIPC)
Madison Covered Call & Equity Strategy 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 seeks to 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. more
Time Frame | MCN | S&P500 |
---|---|---|
1-Week Return | -0.99% | -0.57% |
1-Month Return | -0.43% | 1.21% |
3-Month Return | -4.51% | 7.57% |
6-Month Return | -5.68% | 11.45% |
1-Year Return | -4.9% | 28.48% |
3-Year Return | -13.93% | 29.52% |
5-Year Return | 4.02% | 90.66% |
10-Year Return | -13.51% | 203.75% |
Stock name | Ticker | Weight |
---|---|---|
State Street Institutional US Government Money Market Fund | - | 18.2% |
Las Vegas Sands Corp. | - | 4.76% |
Transocean Ltd. | - | 4.36% |
Adobe, Inc. | - | 3.92% |
Baker Hughes Co. | - | 3.58% |
T-Mobile U.S., Inc. | - | 3.17% |
Medtronic PLC | - | 3.11% |
JPMorgan Chase Co. | - | 3.05% |
CME Group, Inc. | - | 2.92% |
Elevance Health, Inc. | - | 2.71% |
Sector | Weight |
---|---|
Health care | 19.91% |
Energy | 13.06% |
Consumer staples | 12.29% |
Consumer discretionary | 10.49% |
Industrials | 10.38% |
All Others | 33.87% |
XAI Madison Equity Premium Income Fund (MCN) share price today is $6.98.
Yes, Indians can buy shares of XAI Madison Equity Premium Income Fund (MCN) on Vested. To buy MCN from India, you can open a US Brokerage account by signing up on Vested. The account opening process is completely digital and secure, and takes 3-5 minutes to complete.
Yes, you can purchase fractional shares of XAI Madison Equity Premium Income Fund (MCN) on Vested. You can start investing in XAI Madison Equity Premium Income Fund (MCN) with a minimum investment of $1.
The 52-week high price of XAI Madison Equity Premium Income Fund (MCN) is $. The 52-week low price of XAI Madison Equity Premium Income Fund (MCN) is $.
The stock symbol (or ticker) of XAI Madison Equity Premium Income Fund is MCN.
Yes, you can setup SIP in XAI Madison Equity Premium Income Fund shares. Follow the below steps to create the SIP:
Here is the historical performance of MCN on the Vested app.
You can also access the top holdings, the expense ratio, and the sector breakdown for XAI Madison Equity Premium Income Fund on Vested.
The expense ratio of XAI Madison Equity Premium Income Fund (MCN) is .