Madison Covered Call and Equity Strategy Closed Fund (MCN)

Currency in USD
6.260
+0.050(+0.81%)
Closed·
After Hours
6.2600.000(0.00%)
·
MCN Scorecard
Full Analysis
Pays a significant dividend to shareholders
High dividend Yield
Fair Value
Day's Range
6.2006.270
52 wk Range
5.1607.490
Key Statistics
Prev. Close
6.21
Open
6.2
Day's Range
6.2-6.27
52 wk Range
5.16-7.49
Volume
72.19K
Average Volume (3m)
73.42K
1-Year Change
-15.18%
Book Value / Share
-
Fair Value
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Fair Value Upside
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MCN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Analysts Sentiment
Currently not supported.
Members' Sentiments
Bearish
Bullish
ProTips
Stock generally trades with low price volatility
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Madison Covered Call and Equity Strategy Closed Fund Company Profile

XAI Madison Equity Premium Income 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. XAI Madison Equity Premium Income Fund was formed on May 6, 2004 and is domiciled in the United States.

Compare MCN to Peers and Sector

Metrics to compare
MCN
Peers
Sector
Relationship
P/E Ratio
0.0x0.0x9.6x
PEG Ratio
0.000.000.03
Price/Book
0.0x0.0x1.0x
Price / LTM Sales
0.0x0.0x2.9x
Upside (Analyst Target)
0.0%0.0%10.3%
Fair Value Upside
Unlock0.0%2.0%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.25%
Dividend Yield
11.50%
Industry Median 8.44%
Annualised payout
0.72
Paid quarterly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Mar 07, 2025
EPS / Forecast
0.18 / --
Revenue / Forecast
2.10M / --
EPS Revisions
Last 90 days

MCN Income Statement

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FAQ

What Stock Exchange Does Madison Covered Call Equity Strateg Trade On?

Madison Covered Call Equity Strateg is listed and trades on the New York Stock Exchange stock exchange.

What Is the Stock Symbol for Madison Covered Call Equity Strateg?

The stock symbol for Madison Covered Call Equity Strateg is "MCN."

What Is the Madison Covered Call Equity Strateg Market Cap?

As of today, Madison Covered Call Equity Strateg market cap is 132.19M.

What Is Madison Covered Call Equity Strateg's Earnings Per Share (TTM)?

The Madison Covered Call Equity Strateg EPS (TTM) is 0.25.

From a Technical Analysis Perspective, Is MCN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Madison Covered Call Equity Strateg Stock Split?

Madison Covered Call Equity Strateg has split 0 times.

How Many Employees Does Madison Covered Call Equity Strateg Have?

Madison Covered Call Equity Strateg has 0 employees.

What is the current trading status of Madison Covered Call Equity Strateg (MCN)?

As of 27 Jul 2025, Madison Covered Call Equity Strateg (MCN) is trading at a price of 6.26, with a previous close of 6.21. The stock has fluctuated within a day range of 6.20 to 6.27, while its 52-week range spans from 5.16 to 7.49.
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