MADISON COVERED CALL & EQUITY STRATEGY FUND

Madison Covered Call & Equity Strategy Fund

MCN

US5574371002

Closed End Funds

Market Closed - Nyse Other stock markets 21:10:00 23/05/2024 BST			5-day change	1st Jan Change
7.26 ^USD	-0.62%		-1.36%	-3.59%

03-01	Madison Covered Call & Equity Strategy Fund Declares Quarterly Dividend, Payable March 28, 2024	CI
02-29	Madison Covered Call & Equity Strategy Fund Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Madison Covered Call & Equity Enters into Settlement Agreement with Karpus Investment

July 02, 2018 at 01:27 pm

On July 2, 2018, Madison Strategic Sector Premium Fund (MSP) announced that it has entered into settlement agreement with Karpus Investment Management along with its affiliates pursuant to which, among other things: (i) MSP would merge into Madison Covered Call & Equity Strategy Fund (MCN), (ii) the combined fund would then immediately conduct a self-tender offer for 25% of the outstanding shares of beneficial interest of the combined fund at a price equal to 99.5% of net asset value, and (iii) Frank E. Burgess would not tender his shares in said tender offer. Karpus Investment also agreed, among other things, to (i) support the proposed merger, and (ii) certain customary standstill provisions for a period of 3 years.

Latest news about Madison Covered Call & Equity Strategy Fund

Madison Covered Call & Equity Strategy Fund Declares Quarterly Dividend, Payable March 28, 2024	03-01	CI
Madison Covered Call & Equity Strategy Fund Reports Earnings Results for the Full Year Ended December 31, 2023	02-29	CI
Madison Covered Call & Equity Strategy Fund Declares Quarterly Dividend, Payable December 29, 2023	12-05	CI
Madison Covered Call & Equity Strategy Fund Reports Earnings Results for the Half Year Ended June 30, 2023	28/08/23	CI
Madison Investments to Transfer Ownership to Employees	18/08/23	MT
Madison Covered Call & Equity Strategy Fund Declares Quarterly Dividend, Payable June 30, 2023	01/06/23	CI
The Madison Covered Call and Equity Strategy Fund Declares Quarterly Dividend, Payable on March 31, 2023	01/03/23	CI
Madison Covered Call & Equity Strategy Fund Reports Earnings Results for the Full Year Ended December 31, 2022	01/03/23	CI
Madison Covered Call & Equity Strategy Fund Declares Quarterly Dividend, Payable on December 29, 2022	01/12/22	CI
Madison Covered Call & Equity Strategy Fund Keeps Quarterly Dividend at $0.18 a Share, Payable Sept. 30 to Shareholders as of Sept. 16	01/09/22	MT
Madison Covered Call & Equity Strategy Fund Declares Quarterly Dividend, Payable on September 30, 2022	01/09/22	CI
Madison Covered Call & Equity Strategy Fund Reports Earnings Results for the Half Year Ended June 30, 2022	29/08/22	CI
Madison Covered Call & Equity Strategy Fund Declares Quarterly Dividend, Payable on June 30, 2022	01/06/22	CI
Madison Covered Call & Equity Strategy Fund Declares Quarterly Dividend, Payable on March 31, 2022	01/03/22	CI
Madison Covered Call & Equity Strategy Fund Reports Earnings Results for the Full Year Ended December 31, 2021	28/02/22	CI
Madison Covered Call & Equity Strategy Fund Introduces Sustainable Equity Fund	03/01/22	MT
Madison Covered Call & Equity Keeps Quarterly Dividend at $0.18/Share, Payable Dec. 30 to Shareholders of Record Dec. 16	01/12/21	MT
Madison Covered Call and Equity Strategy Fund Declares Quarterly Dividend, Payable on December 30, 2021	01/12/21	CI
Madison Covered Call and Equity Strategy Fund Declares Quarterly Dividend, Payable on September 30, 2021	01/09/21	CI
Madison Covered Call & Equity Strategy Fund Reports Earnings Results for the Half Year Ended June 30, 2021	26/08/21	CI
Madison Covered Call and Equity Strategy Fund Declares Quarterly Dividend, Payable June 30, 2021	01/06/21	CI
Madison Covered Call & Equity Strategy Fund Reports Earnings Results for the Full Year Ended December 31, 2020	08/03/21	CI
Madison Covered Call and Equity Strategy Fund Declares Quarterly Dividend, Payable on March 31, 2021	01/03/21	CI
Madison Covered Call and Equity Strategy Fund Declares Quarterly Dividend, Payable on December 30, 2020	01/12/20	CI
Madison Covered Call & Equity Strategy Fund Reports Earnings Results for the Half Year Ended June 30, 2020	03/09/20	CI

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Company Profile

Madison Covered Call & Equity Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income and current gains, with a secondary objective of long-term capital appreciation. The Fund pursue its investment objectives by investing primarily in large and mid-capitalization common stocks. Under normal market conditions, the Fund seeks to generate current earnings from option premiums by writing (selling) covered call options on a substantial portion of its portfolio securities. The Fund invests at least 80% of its total assets in common stocks, with at least 65% of its total assets in common stocks of large capitalization issuers. The Fund may invest the remainder of its total assets in companies that meet the Fund's growth and value criteria but whose market capitalization is considered as middle-sized or mid-cap. The Fund's investment advisor is Madison Asset Management, LLC.

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