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Madison Covrd Call & Eqt Strtg Fd (Madison Covrd Call & Eqt Strtg Fd) 5-Year Yield-on-Cost % : 9.95 (As of May. 11, 2024)


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What is Madison Covrd Call & Eqt Strtg Fd 5-Year Yield-on-Cost %?

Madison Covrd Call & Eqt Strtg Fd's yield on cost for the quarter that ended in Dec. 2023 was 9.95.


The historical rank and industry rank for Madison Covrd Call & Eqt Strtg Fd's 5-Year Yield-on-Cost % or its related term are showing as below:

MCN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 8.52   Med: 9.94   Max: 17.06
Current: 9.95


During the past 7 years, Madison Covrd Call & Eqt Strtg Fd's highest Yield on Cost was 17.06. The lowest was 8.52. And the median was 9.94.


MCN's 5-Year Yield-on-Cost % is ranked better than
77.76% of 1214 companies
in the Asset Management industry
Industry Median: 5.935 vs MCN: 9.95

Competitive Comparison of Madison Covrd Call & Eqt Strtg Fd's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Madison Covrd Call & Eqt Strtg Fd's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Madison Covrd Call & Eqt Strtg Fd's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Madison Covrd Call & Eqt Strtg Fd's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Madison Covrd Call & Eqt Strtg Fd's 5-Year Yield-on-Cost % falls into.



Madison Covrd Call & Eqt Strtg Fd 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Madison Covrd Call & Eqt Strtg Fd is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Madison Covrd Call & Eqt Strtg Fd  (NYSE:MCN) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Madison Covrd Call & Eqt Strtg Fd 5-Year Yield-on-Cost % Related Terms

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Madison Covrd Call & Eqt Strtg Fd (Madison Covrd Call & Eqt Strtg Fd) Business Description

Traded in Other Exchanges
N/A
Address
550 Science Drive, Madison, WI, USA, 53711
Madison Covrd Call & Eqt Strtg Fd is a diversified, closed-end management investment company. The primary objective is to provide a high level of current income and current gains. Its secondary objective is to achieve long-term capital appreciation. The fund seeks to achieve its objectives by investing primarily in large and mid-capitalization common stocks. Its portfolio of investments consists of different sectors investment such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, utilities, exchange-traded funds, U.S. government and agency obligations, and money market funds.
Executives
Jill M Friedow director 550 SCIENCE DR, MADISON WI 53711
Imhoff James R Jr other: Former Director 550 SCIENCE DRIVE, MADISON WI 53711
Scott C Jones director C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Patrick F Ryan officer: President MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Steven J Fredricks officer: CCO MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Richard E Struthers director 2340 WEST COUNTY ROAD C, SAINT PAUL MN 55113-2528
Kevin S Thompson officer: Chief Legal Officer MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
George W Karpus 10 percent owner
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Steven Paul Riege director 11613 N LAFAYETTE PLACE, MEQUON WI 53092
Lisa R Lange officer: CCO MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Pamela Marie Krill officer: CLO and General Counsel 550 SCIENCE DRIVE, MADISON WI 53562
Holly S Baggot officer: Secretary and Asst Treasurer 550 SCIENCE DRIVE, MADISON WI 53711
Paul Anthony Lefurgey officer: Vice President 1817 AUTUMN HILL DRIVE, VERONA WI 53593
Wayne Richard Mason officer: CCO 2002 E PALMAIRE AVE, PHOENIX AZ 85020