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MCN / MCN: This Covered Call Fund Is Getting Much More Attractive

MCN: This Covered Call Fund Is Getting Much More Attractive
The Madison Covered Call and Equity Strategy Fund offers a high level of income and potential for upside compared to fixed-income funds. The MCN closed-end fund has underperformed the S&P 500 Index over the past two months, but its distribution partially offsets share price declines. The fund employs a strategy of writing covered calls on stocks in its portfolio to generate income, resulting in a higher yield than peer funds. Read More
Posted: Oct 12 2023, 17:55
Author Name: Seeking Alpha
Views: 110530

MCN News  

MCN: This Covered Call Fund Is Getting Much More Attractive

By Seeking Alpha
October 12, 2023

MCN: This Covered Call Fund Is Getting Much More Attractive

The Madison Covered Call and Equity Strategy Fund offers a high level of income and potential for upside compared to fixed-income funds. The MCN close more_horizontal

MCN: Strong Performance, But Premium Persists

By Seeking Alpha
March 25, 2023

MCN: Strong Performance, But Premium Persists

MCN has been able to reduce losses relative to the market. This would be thanks to its call-writing strategy plus holding a significant portion of its more_horizontal

MCN: A Diamond In The Rough

By Seeking Alpha
December 19, 2022

MCN: A Diamond In The Rough

MCN is an equity buy-write closed-end fund. The CEF has significantly outperformed the S&P 500 Buy-Write Index, which is down almost -12% this year. more_horizontal

MCN: Good Strategy But Marred By Overdistributing And Expensive Price

By Seeking Alpha
December 14, 2022

MCN: Good Strategy But Marred By Overdistributing And Expensive Price

Madison Covered Call & Equity Strategy Fund invests in a diversified portfolio of stocks and writes covered calls against them to generate income. The more_horizontal

Here's the Easiest Path to Make at Least $70,000 Per Year in Retirement

By The Motley Fool
June 12, 2022

Here's the Easiest Path to Make at Least $70,000 Per Year in Retirement

Retiring comfortably could be less daunting than you might think. more_horizontal


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