Madison Fund

Madison Covered Call & Equity Strategy Fund operates as a closed-end investment fund. Its investment objective is to provide a high level of current income and current gains, with a secondary objective of long-term capital appreciation. The company was founded on May 6, 2004 and is headquartered in Madison, WI.

MADISON, Wis., June 22, 2022 (GLOBE NEWSWIRE) -- The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) (the “Fund”) announces that the NAV for the Fund was overstated $0.04 for the period June 15-21 due to an administrative error. The originally reported NAV's and the correct NAV's are as follows:

Madison Covered Call and Equity Strategy Fund (MCN) Announces Correction to the Net Asset Value “NAV”

AllianceBernstein Global High Income Fund Inc

Nuveen Preferred & Income Opportunities Fund

Medical Properties Trust

Virtus InfraCap U.S. Preferred Stock ETF

Global X NASDAQ 100 Covered Call ETF

You don't even have to follow all of the steps.

5 Simple Steps to Make $50,000 in Passive Income Per Year

Nuveen Preferred & Income Securities Fund

Retiring comfortably could be less daunting than you might think.

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

MCN is a closed-end fund focused on a buy-write equities strategy. The fund writes call options on a very large portion of the portfolio (currently 84.8% of the assets).

MCN: Actively Managed Buy-Write CEF, 9.27% Yield

MADISON, Wis., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Madison Investments is pleased to welcome industry veteran Tom Nolte to its Institutional business development team. As the Director of Institutional Business, Tom will play a key role in growing the Madison brand within the consultant community and delivering Madison's risk-conscious investment strategies to institutional investors across the U.S.

Madison Investments welcomes Tom Nolte to Madison Institutional Business Group

Virtus AllianzGI Diversified Income & Convertible Fund

ArrowMark Financial

Saba Capital Income & Opportunities Fund

China Fund

Blackrock Debt Strategies Fund Inc

Aberdeen Global Income Fund

New Germany Fund

Gabelli Multimedia Trust

Clough Global Opportunities Fund

Clough Global Equity Fund

BlackRock Corporate High Yield Fund

Insight Select Income Fund

New Ireland Fund Inc

BlackRock MuniAssets Fund

BlackRock MuniHoldings Quality Fund II Inc

Pimco California Municipal Income Fund

RENN Fund

TCW Strategic Income Fund

20 out of 24 CEF sectors positive on price and 14 out of 24 sectors positive on NAV last week. It's pretty quiet in CEF-land, fund managers need holidays too. MLPs remain the most discounted sector.

Weekly Closed-End Fund Roundup: December 26, 2021

MADISON, Wis., Jan. 03, 2022 (GLOBE NEWSWIRE) -- Madison Investments is pleased to announce the addition of a new sustainable fund to its lineup of risk-conscious mutual funds. The Madison Sustainable Equity Fund is an actively-managed, high conviction mutual fund designed to pursue long-term capital appreciation by investing in the common stock of high-quality, durable growth, large cap companies that the Fund's portfolio managers believe incorporate sustainability into their overall strategy.

Madison Investments Launches Sustainable Equity Fund

Investors continue to struggle with an inability to generate any significant amount of income off of their assets. MCN uses a covered call strategy to provide investors with a very attractive yield.

MCN: Great Yield But Richly Valued

CEFs are often able to use strategies that other funds cannot in order to boost their yields or returns.

MCN: An Underfollowed CEF With A Fantastic Yield

MADISON, Wis., June 11, 2021 (GLOBE NEWSWIRE) -- Madison Investments Holdings, Inc. (Madison Investments), an independent investment management firm, today announced it has completed the acquisition of the Milwaukee-based Reinhart Fixed Income Team, fixed income investment strategies and clients. At close, this added approximately $4.6 billion in assets to Madison Investments' growing investment management business. This acquisition was previously announced in March 2021.

Madison Investments Completes Acquisition of Reinhart Fixed Income

MADISON, Wis., March  02, 2020  (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 March 31, 2020 to shareholders of record on March 17, 2020. The ex-dividend date will be March 16, 2020. 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.

Madison Covered Call  and  Equity Strategy Fund (MCN) Declares Quarterly Dividend

MADISON, Wis., Dec.  02, 2019  (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 30, 2019 to shareholders of record on December 17, 2019. The ex-dividend date will be December 16, 2019. 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.

News for Madison Fund ETF (MCN)