Madison Covered Call & Equity Strategy Fund Announces Shareholder Approval of XA Investments as Investment Adviser and Madison Investments as Sub-Adviser; Fund to Rebrand as XAI Madison Eq...
Madison Covered Call & Equity Strategy Fund (MCN)
US:NYSE Investor Relations:
madisonfunds.com/individual/madison-covered-call-and-equity-strategy-fund
Company Research
Source: Business Wire
CHICAGO--(BUSINESS WIRE)--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 as the Fund’s investment sub-advisor (the “New Sub-Advisory Agreement”).The New Advisory and Sub-Advisory AgreementsUnder the New Advisory Agreement, XAI will be responsible for the Fund’s overall management and investment strategy. Under the New Sub-Advisory Agreement,
Show less
Read more
Impact Snapshot
Event Time:
MCN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCN alerts
High impacting Madison Covered Call & Equity Strategy Fund news events
Weekly update
A roundup of the hottest topics
MCN
News
- Madison Covered Call & Equity Strategy Fund Declares its Quarterly Distribution of $0.18 per Share [Yahoo! Finance]Yahoo! Finance
- Madison Covered Call & Equity Strategy Fund Declares its Quarterly Distribution of $0.18 per ShareBusiness Wire
- Madison Covered Call & Equity Strategy Fund Announces Appointment of XA Investments as Investment Adviser and Madison Asset Management as Sub-Adviser; Fund to Rebrand as XAI Madison Equity Premium Income Fund [Yahoo! Finance]Yahoo! Finance
- Madison Covered Call & Equity Strategy Fund Announces Appointment of XA Investments as Investment Adviser and Madison Asset Management as Sub-Adviser; Fund to Rebrand as XAI Madison Equity Premium Income FundBusiness Wire
MCN
Sec Filings
- 12/2/24 - Form 3
- 12/2/24 - Form 3
- 12/2/24 - Form 3
- MCN's page on the SEC website