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DEFA14A - Madison Covered Call & Equity Strategy Fund (0001289868) (Filer)
DEFA14A - Madison Covered Call & Equity Strategy Fund (0001289868) (Filer)
N-CSRS - Madison Covered Call & Equity Strategy Fund (0001289868) (Filer)
MADISON, Wis., Sept. 03, 2024 (GLOBE NEWSWIRE) -- The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) (the "Fund") declares its quarterly dividend of $0.18/share. The dividends will be payable September 30, 2024, to shareholders of record on September 17, 2024. The ex-dividend date will be September 17, 2024. If it is determined that a notification is required pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, such notice will be posted to the Fund's website after the close of business three business days before the payable date. If a distribution rate is largely comprised of sources other than income, it may not reflect Fund performance. The Fund's obje
MADISON, Wis., June 03, 2024 (GLOBE NEWSWIRE) -- The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) (the "Fund") declares its quarterly dividend of $0.18/share. The dividends will be payable June 28, 2024, to shareholders of record on June 14, 2024. The ex-dividend date will be June 14, 2024. If it is determined that a notification is required pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, such notice will be posted to the Fund's website after the close of business three business days before the payable date. If a distribution rate is largely comprised of sources other than income, it may not reflect Fund performance. The Fund's objective is to achi
MADISON, Wis., Dec. 05, 2023 (GLOBE NEWSWIRE) -- The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) (the "Fund") declares its quarterly dividend of $0.18/share. The dividends will be payable December 29, 2023 to shareholders of record on December 15, 2023. The ex-dividend date will be December 14, 2023. If it is determined that a notification is required pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, such notice will be posted to the Fund's website after the close of business three business days before the payable date. If a distribution rate is largely comprised of sources other than income, it may not reflect Fund performance. The Fund's objective
5 - Madison Covered Call & Equity Strategy Fund (0001289868) (Issuer)
3 - Madison Covered Call & Equity Strategy Fund (0001289868) (Issuer)
3 - Madison Covered Call & Equity Strategy Fund (0001289868) (Issuer)
During a special meeting on October 15, 2024 (the "Special Meeting"), shareholders of the Madison Covered Call & Equity Strategy Fund (NYSE:MCN) ("MCN" or the "Fund") approved multiple important proposals: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241015803256/en/ A newly constituted slate of trustees to serve on the Fund's board of trustees; A new investment advisory agreement between the Fund and XA Investments, LLC ("XAI") appointing XAI as the Fund's investment advisor (the "New Advisory Agreement"); A new investment sub-advisory agreement among the Fund, XAI and Madison Asset Management, LLC ("Madison") appointing
MADISON, Wis., Sept. 03, 2024 (GLOBE NEWSWIRE) -- The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) (the "Fund") declares its quarterly dividend of $0.18/share. The dividends will be payable September 30, 2024, to shareholders of record on September 17, 2024. The ex-dividend date will be September 17, 2024. If it is determined that a notification is required pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, such notice will be posted to the Fund's website after the close of business three business days before the payable date. If a distribution rate is largely comprised of sources other than income, it may not reflect Fund performance. The Fund's obje
CHICAGO, July 18, 2024 (GLOBE NEWSWIRE) -- XA Investments (XAI), an alternative investment management and consulting firm, announced the pending transaction, by which XAI will become investment adviser to the Madison Covered Call & Equity Strategy Fund (NYSE:MCN), a $146 million listed closed-end fund. The agreement between XAI and MCN is subject to approval by MCN shareholders. Notably, Madison Investments will maintain portfolio management responsibilities as sub-adviser to MCN, also subject to approval by MCN shareholders. XAI is committed to providing investors with access to institutional-caliber investments. The acquisition would expand the number of closed-end funds currently on th
Madison Investments, a privately-held, independent investment management firm known for its expertise in actively managed, high-quality portfolios, today announced a strategic partnership with XA Investments (XAI). XAI is an alternative investment management and consulting firm. The agreement stipulates that XAI will become investment adviser to the Madison Covered Call and Equity Strategy Fund (NYSE:MCN), a $147 million listed closed-end fund. Madison Investments will maintain portfolio management responsibilities as sub-adviser to MCN. The partnership with XAI allows Madison Investments to focus on investment management and its strategic growth priorities, including an investment lineup
On Thursday, 930 stocks hit new 52-week lows. Interesting Points From Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was Microsoft (NASDAQ:MSFT). The smallest company by market cap to set a new 52-week low was FedNat Holding (NASDAQ:FNHC). Sunlight Finl Hldgs (NYSE:SUNL) saw the most pronounced move, as shares traded down 54.56% to hit its new 52-week low. Abbott Laboratories (NYSE:ABT)'s stock made the biggest bounce back, actually moving up 0.01% shortly after hitting a new 52-week low. Here are all the stocks that set new 52-week lows on Thursday: Microsoft (NASDAQ:MSFT) shares were down 2.37% for the day, having made a 52-week low
Wednesday marks the last chance for investors to receive the next dividend payout from Madison Covrd Call & Eqt (NYSE:MCN). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 18 cents per share. On Thursday, Madison Covrd Call & Eqt will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 18 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own MCN as of the end of Wednesday's session are eligible to receive