Performance analysis of MCN (Madison Covered Call & Equity Strategy Fund)
Annual Return
Over the past 3 years, MCN has had an average annual return of +2.42%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, MCN has had an average annual return of +3.57%, underperforming the benchmark SPY, which returned +13.88% annual.
Over the past 10 years, MCN has had an average annual return of +7.97%, underperforming the benchmark SPY, which returned +15.44% annual.
Since Aug 2, 2004, MCN has had an average annual return of +5.54%, underperforming the benchmark SPY, which returned +11.20% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +2.19% | +0.65% | -1.52% | +6.91% | +6.33% | +30% | +15.60% | +19.95% | -11.98% | +9.94% | +14.63% | -0.63% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| +8.47% | +17.17% | +11.73% | -9.90% | +10.35% | +60.46% | -38.42% | -16.95% | +11.77% | +8.12% | +1.32% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.50% | +3.16% | -4.39% | +4.32% | -1.65% | -0.51% | +2.19% | ||||||
| 2025 | -2.38% | -1.83% | -1.86% | -7.65% | +8.38% | +5% | -0.16% | +3.25% | -1.42% | -1.64% | +0.36% | +1.52% | +0.65% |
| 2024 | -5.98% | +2.12% | +3.63% | -4.10% | +3.14% | +7.73% | -2.76% | -0.94% | -0.31% | -3.65% | +3.06% | -2.58% | -1.52% |
| 2023 | +3.74% | +0% | +1.10% | +5.41% | -11.81% | +2.56% | +1.49% | -1.67% | -1.84% | -3.25% | +5.56% | +6.88% | +6.91% |
| 2022 | -3.49% | -0% | +4.71% | -6.31% | -2.70% | -3.62% | +2.36% | +9.94% | -13.35% | +21.20% | -1.28% | +2.64% | +6.33% |
| 2021 | +2.22% | +3.77% | +8.12% | +5.16% | +2.64% | +1.33% | +0.62% | +1.60% | -2.99% | +2.17% | -1.62% | +3.98% | +30% |
| 2020 | -1.66% | -9.05% | -11.25% | +11.86% | +0.53% | +2.32% | +2.84% | +4.31% | +1.76% | -3.68% | +11.63% | +7.84% | +15.60% |
| 2019 | +9.41% | +2.67% | +1.34% | -0.29% | -6.90% | +7.16% | -0.60% | -3.65% | +3.90% | -0.15% | +3.44% | +3.06% | +19.95% |
| 2018 | +0.26% | -2.20% | -1.77% | +1.51% | +0.54% | +2.96% | +2.42% | +2.88% | +0.26% | -3.64% | -3.51% | -11.46% | -11.98% |
| 2017 | +1.82% | +3.32% | +1.38% | +0% | -1.00% | +0.74% | +1.66% | -1.38% | +2.37% | -1.79% | -0.77% | +3.34% | +9.94% |
Drawdown analysis of MCN (Madison Covered Call & Equity Strategy Fund)
The maximum drawdown for the MCN was -65.08%, occurring on Mar 9, 2009. Recovery took 1170 trading sessions.
The current MCN drawdown is -4.47%.
Since Aug 2, 2004 MCN has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 2 times
- 20% or more: 4 times
- 10% or more: 9 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -65.08% | Apr 25, 2007 | 471 | Mar 9, 2009 | 1170 | Oct 29, 2013 | 1641 |
| -38.60% | Jan 15, 2020 | 43 | Mar 18, 2020 | 164 | Nov 9, 2020 | 207 |
| -24.48% | Jun 28, 2024 | 193 | Apr 7, 2025 | Ongoing | Ongoing | Ongoing |
| -22.86% | Oct 1, 2018 | 58 | Dec 24, 2018 | 266 | Jan 15, 2020 | 324 |
| -19.57% | Sep 9, 2022 | 15 | Sep 30, 2022 | 70 | Jan 11, 2023 | 85 |
| -18.33% | Jan 12, 2022 | 83 | May 12, 2022 | 81 | Sep 8, 2022 | 164 |
| -17.00% | Apr 27, 2023 | 122 | Oct 20, 2023 | 172 | Jun 28, 2024 | 294 |
| -15.90% | May 21, 2015 | 167 | Jan 20, 2016 | 90 | May 27, 2016 | 257 |
| -11.22% | Aug 17, 2005 | 230 | Jul 18, 2006 | 48 | Sep 25, 2006 | 278 |
| -9.01% | Jul 10, 2014 | 68 | Oct 15, 2014 | 149 | May 20, 2015 | 217 |
| -8.74% | Sep 13, 2021 | 58 | Dec 3, 2021 | 5 | Dec 10, 2021 | 63 |
| -8.15% | Dec 10, 2021 | 6 | Dec 20, 2021 | 15 | Jan 11, 2022 | 21 |
| -8.12% | Jan 24, 2018 | 11 | Feb 8, 2018 | 99 | Jul 2, 2018 | 110 |
| -5.66% | Jun 11, 2021 | 5 | Jun 18, 2021 | 16 | Jul 13, 2021 | 21 |
| -5.47% | Oct 5, 2017 | 29 | Nov 15, 2017 | 29 | Dec 28, 2017 | 58 |
| -5.33% | Feb 17, 2005 | 42 | Apr 20, 2005 | 27 | May 27, 2005 | 69 |
| -5.25% | Jul 19, 2017 | 16 | Aug 10, 2017 | 35 | Sep 29, 2017 | 51 |
| -4.98% | Mar 15, 2023 | 5 | Mar 22, 2023 | 12 | Apr 10, 2023 | 17 |
| -4.87% | Feb 12, 2007 | 15 | Mar 6, 2007 | 35 | Apr 25, 2007 | 50 |
| -4.57% | Jan 9, 2014 | 16 | Feb 3, 2014 | 13 | Feb 21, 2014 | 29 |
| -4.43% | Jan 15, 2021 | 9 | Jan 29, 2021 | 11 | Feb 16, 2021 | 20 |
| -4.23% | Jul 14, 2021 | 26 | Aug 19, 2021 | 9 | Sep 1, 2021 | 35 |
| -4.06% | Feb 3, 2023 | 11 | Feb 21, 2023 | 16 | Mar 15, 2023 | 27 |
| -3.99% | Nov 10, 2006 | 10 | Nov 27, 2006 | 5 | Dec 4, 2006 | 15 |
| -3.95% | Oct 10, 2016 | 18 | Nov 3, 2016 | 12 | Nov 21, 2016 | 30 |