MCN | Madison Covered Call & Equity Strategy Fund Stock Overview

(Stock Exchange: NYSE)

Day's Range	6.98 - 7.04
52 Week Range	6.84 - 7.72
Beta	N/A
Implied Volatility	N/A
IV Rank	N/A
Day's Volume	55,101
Average Volume	60,337
Shares Outstanding	21,087,500
Market Cap	148,034,250
Sector	Financial Services
Industry	Asset Management
IPO Date	2004-08-02

Valuation
Profitability
Growth
Health
P/E Ratio	23.40
Forward P/E Ratio	N/A
EPS	0.30
1YR Price Target	N/A
Dividend Yield	10.27%
Dividend Per Share	0.72
Dividend ExDate	N/A
Dividend PayDate	N/A
Employees	0
Country	Canada
Website	MCN

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. The fund primarily invests in reasonably priced growth (GARP) stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as PEG ratios (price-earnings ratio to growth rate), financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index. The fund conducts in-house research to make its investments. It was formerly known as Madison/Claymore Covered Call & Equity Strategy Fund. Madison Covered Call & Equity Strategy Fund was formed on May 6, 2004 and is domiciled in the United States.

MCN's peers: IHTA, JHAA, CBH, CXH, EOT, MFD, HYB, ECCC, MXE, JRI, HTY, HIE, BWG, VGI, MIO, RFMZ, GGT-PE, GAB-PH, NCV-PA, GAB-PG, ETB, ACV, FUND

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Analyzing fundamentals for MCN we got that it has weak fundamentals where Valuation is considered to be slightly overvalued, Profitability is moderate, Growth is bad and Health is frighteningly weak. For more detailed analysis please see MCN Fundamentals page.

Watching at MCN technicals we can see that long-term trend is bearish, the same as bearish middle-term trend, as well as bearish short-term trend. More technicals details can be found on MCN Technicals page.