Investment Strategy

We believe these goals can be met by investing in large and mid-capitalizations stocks that are, in our opinion, selling at a reasonable price with respect to their long-term earnings growth rates. The income comes in the form of option premiums which are generated by writing covered calls on a majority of the stocks in the portfolio.

Key Highlights (As of Friday April 12, 2024)

NAV

Market Price

Inception Date

NYSE Symbol

NAV Symbol

Distribution Frequency

Expense Ratio

6.92

7.00

07/27/04

MCN

XMCNX

Quarterly

1.08

Portfolio Highlights

Top Ten Fund Holdings (As of 03/31/24)

TRANSOCEAN LTD

3.83%

MEDTRONIC PLC

2.71%

LAS VEGAS SANDS CORP

3.66%

AES CORP

2.58%

AMERICAN TOWER CORP

3.28%

ELEVANCE HEALTH INC

2.52%

BARRICK GOLD CORP

2.76%

APA CORP

2.37%

BLACKROCK INC

2.74%

DANAHER CORP

2.29%

Closed-end funds are listed on the New York Stock Exchange and nothing on this website is intended to be a solicitation to buy or an offer to sell such securities.