Q2 2018 Sentiment Madison Covered Call & Equity Strategy Fund (NYSE:MCN)

November 10, 2018 - By Clifton Ray

Sentiment for Madison Covered Call & Equity Strategy Fund (NYSE:MCN)

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) institutional sentiment increased to 1.44 in 2018 Q2. Its up 0.51, from 0.93 in 2018Q1. The ratio improved, as 13 funds increased or started new positions, while 9 decreased and sold positions in Madison Covered Call & Equity Strategy Fund. The funds in our partner’s database now hold: 6.41 million shares, up from 6.25 million shares in 2018Q1. Also, the number of funds holding Madison Covered Call & Equity Strategy Fund in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 7 Increased: 10 New Position: 3.

Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. The company has market cap of $207.79 million. It is managed by Madison Asset Management, LLC. It has a 12.85 P/E ratio. The fund invests in the public equity markets of the United States.

The stock decreased 0.13% or $0.01 during the last trading session, reaching $7.44. About 89,521 shares traded or 4.44% up from the average. Madison Covered Call & Equity Strategy Fund (NYSE:MCN) has risen 0.77% since November 10, 2017 and is uptrending. It has underperformed by 14.85% the S&P500.

Shaker Financial Services Llc holds 1.38% of its portfolio in Madison Covered Call & Equity Strategy Fund for 375,171 shares. Karpus Management Inc. owns 2.10 million shares or 0.7% of their US portfolio. Moreover, Punch & Associates Investment Management Inc. has 0.6% invested in the company for 969,939 shares. The Illinois-based Rivernorth Capital Management Llc has invested 0.33% in the stock. Icon Advisers Inc Co, a Colorado-based fund reported 504,402 shares.

Another recent and important Madison Covered Call & Equity Strategy Fund (NYSE:MCN) news was published by Globenewswire.com which published an article titled: “Madison Covered Call & Equity Strategy Fund Announces Tender Offer Expiration” on November 08, 2018.

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