2024-04-23 10:50:00 ET
Summary
- Early in the first quarter, the S&P 500 blasted through the previous all-time high set at the end of 2021 and momentum carried the market steadily higher with very little resistance.
- All sectors of the S&P 500 were positive in the first quarter except for the small Real Estate sector.
- Performance of the Fund’s individual equity positions lagged relative to index during the quarter.
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For further details see:
Madison Covered Call And Equity Income Fund Q1 2024 Investment Strategy Letter