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 Thursday March 30, 2023)

NAV

Market Price

Inception Date

NYSE Symbol

NAV Symbol

Distribution Frequency

Expense Ratio

7.24

8

07/27/04

MCN

XMCNX

Quarterly

1.08

Portfolio Highlights

Top Ten Fund Holdings (As of 02/28/23)

LAS VEGAS SANDS CORP

4.38%

APA CORP

2.76%

TRANSOCEAN LTD

4.04%

CVS HEALTH CORP

2.49%

BAKER HUGHES CO

3.22%

PAYPAL HOLDINGS INC

2.43%

T MOBILE US INC

2.79%

BLACKROCK INC

2.41%

JPMORGAN CHASE + CO

2.79%

ADOBE INC

2.41%

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.