MCN:NYE-Madison Covered Call & Equity Strategy Fund (USD)

ETF | Telecom Services | New York Stock Exchange

Last Closing

USD 7.31

Change

-0.19 (-2.53)%

Market Cap

USD 0.15B

Volume

0.20M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Funds primary investment objective is to provide a high level of current income and current gains, with a secondary objective of long-term capital appreciation. Under normal market conditions, the Fund will invest at least 65% of its total assets in common stocks of large capitalisation issuers that meet the Funds selection criteria. The Fund may invest the remainder of its total assets in companies that meet the Funds growth and value criteria but whose market capitalisation is considered as middle sized. The Fund may invest up to 15% of its total assets in US dollar-denominated securities of foreign issuers.

Inception Date: 28/07/2004

Primary Benchmark: S&P 500 TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 1.06%

Management Expense Ratio:

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-28 )

Largest Industry Peers for Telecom Services

Symbol Name Mer Price(Change) Market Cap
VZ Verizon Communications Inc 0.00 %

N/A

USD 177.33B
T AT&T Inc 0.00 %

N/A

USD 118.43B
AMX America Movil SAB de CV ADR 0.00 %

N/A

USD 58.37B
ORAN Orange SA ADR 0.00 %

N/A

USD 30.60B
CHT Chunghwa Telecom Co Ltd 0.00 %

N/A

USD 30.58B
BCE BCE Inc 0.00 %

N/A

USD 29.78B
TEF Telefonica SA ADR 0.00 %

N/A

USD 24.78B
TU Telus Corp 0.00 %

N/A

USD 23.72B
TLK Telkom Indonesia (Persero) Tbk.. 0.00 %

N/A

USD 21.34B
RCI Rogers Communications Inc 0.00 %

N/A

USD 21.24B

ETFs Containing MCN

N/A

Market Performance

  Market Performance vs. Industry/Classification (Telecom Services) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.92% 47% F 19% F
Dividend Return 2.39% 89% A- 90% A-
Total Return -0.53% 47% F 24% F
Trailing 12 Months  
Capital Gain -8.63% 39% F 18% F
Dividend Return 4.50% 56% F 64% D
Total Return -4.12% 39% F 19% F
Trailing 5 Years  
Capital Gain 7.03% 75% C 50% F
Dividend Return 47.44% 100% F 96% N/A
Total Return 54.47% 96% N/A 67% D+
Average Annual (5 Year Horizon)  
Capital Gain 5.04% 85% B 60% D-
Dividend Return 14.96% 91% A- 78% C+
Total Return 9.91% 100% F 97% N/A
Risk Return Profile  
Volatility (Standard Deviation) 21.07% 76% C+ 54% F
Risk Adjusted Return 70.99% 100% F 93% A
Market Capitalization 0.15B 92% A 98% N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.