Take Five: Fed straight ahead
- ByReuters
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As of October 8, 2018, Madison Strategic Sector Premium Fund has been acquired by Madison Covered Call & Equity Strategy Fund. Madison Strategic Sector Premium Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth (GARP) stocks of large and mid cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing such factors as favorable PEG ratios (price-earnings ratio to growth rate), financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index. Madison Strategic Sector Premium Fund was formed on February 4, 2005 and is domiciled in the United States.