MCN
Price:
$6.2
Market Cap:
$130.74M
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 ...[Read more]
Industry
Asset Management
IPO Date
2004-08-02
Stock Exchange
NYSE
Ticker
MCN
According to Madison Covered Call & Equity Strategy Fund’s latest financial reports and current stock price. The company's current ROE is 3.75%. This represents a change of 7.66% compared to the average of 3.49% of the last 4 quarters.
The mean historical ROE of Madison Covered Call & Equity Strategy Fund over the last ten years is 5.82%. The current 3.75% ROE has changed -35.56% with respect to the historical average. Over the past ten years (40 quarters), MCN's ROE was at its highest in in the December 2020 quarter at 13.73%. The ROE was at its lowest in in the December 2018 quarter at -38.69%.
Average
5.82%
Median
6.73%
Minimum
-11.02%
Maximum
15.82%
Discovering the peaks and valleys of Madison Covered Call & Equity Strategy Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 123.86%
Maximum Annual ROE = 15.82%
Minimum Annual Increase = -924.16%
Minimum Annual ROE = -11.02%
Year | ROE | Change |
---|---|---|
2024 | 3.80% | -63.04% |
2023 | 10.29% | 123.86% |
2022 | 4.60% | -68.20% |
2021 | 14.45% | 123.62% |
2020 | 6.46% | -59.16% |
2019 | 15.82% | -243.54% |
2018 | -11.02% | -257.36% |
2017 | 7.00% | -9.86% |
2016 | 7.77% | -924.16% |
2015 | -0.94% | -114.89% |
The current ROE of Madison Covered Call & Equity Strategy Fund (MCN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.23%
5-year avg
7.92%
10-year avg
5.82%
Madison Covered Call & Equity Strategy Fund’s ROE is less than First Trust Specialty Finance and Financial Opportunities Fund (18.91%), less than LMP Capital and Income Fund Inc. (17.56%), less than First Trust Enhanced Equity Income Fund (18.19%), less than Virtus Equity & Convertible Income Fund (18.69%), less than Eaton Vance Tax-Managed Buy-Write Income Fund (17.05%), less than Voya Global Advantage and Premium Opportunity Fund (13.32%),
Company | ROE | Market cap |
---|---|---|
18.91% | $59.63M | |
17.56% | $270.04M | |
18.19% | $412.15M | |
18.69% | $661.41M | |
17.05% | $423.58M | |
13.32% | $176.62M |
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