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Madison Conservative Allocation Fund Class A (MCNAX)

10.76
Net Asset Value
+0.19%
1 Day
+0.47%
Year-to-Date
Overall Morningstar Rating
Conservative allocation
Style or Category
5.75
Sales Expenses
1.19%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks income, capital appreciation and relative stability of value. The fund invests primarily in shares of other registered investment companies. Under normal circumstances, its total net assets will be allocated among various asset classes and underlying funds, including those whose shares trade on a stock exchange (exchange traded funds or "ETFs"), with target allocations over time of approximately 35% equity investments and 65% fixed income investments.

Performance

1 month+0.65% 3 years+5.69%
3 months-0.71% 5 years+6.05%
1 year+3.52% Since inception+4.12%
Data through --

Peer Comparisonvs. Conservative allocation

 MCNAXCategory
Performance 5-yr return+6.05%+7.00%
Expense ratio1.19%1.22%
Risk 5 year sharpe ratio1.381.21
Net assets$78.4M$1.6B
Average market cap$38.1B$40.5B
Average P/E18.418.5
Portfolio turnover96%96%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenurePatrick Ryan / 7 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

Fixed income60.74%
U.S. stock26.58%
International stock9.26%
Cash3.40%
Other0.02%
Top 5 Sectors
Portfolio weighting
Financial service 16.54%
Energy 14.32%
Industrial materials 13.49%
Healthcare 11.63%
Consumer goods 8.86%
Top 10 Holdings
Portfolio weighting
MBOYX Madison Core Bond Fund Class Y20.19%
MWTIX Metropolitan West Total Return Bond Fund Class Institutional19.07%
IWR iShares Russell Mid-Cap ETF6.72%
COINX Madison Corporate Bond Fund Class Y6.42%
SJNK SPDR® Barclays Short Term High Yield Bond ETF6.01%
MYLGX Madison Large Cap Growth Fund Class Y6.00%
MYLVX Madison Large Cap Value Fund Class Y5.76%
IEF iShares 7-10 Year Treasury Bond ETF4.99%
SFLNX Schwab Fundamental US Large Company Index Fund3.21%
VEU Vanguard FTSE All-World ex-US Index Fund ETF Shares2.85%