Madison Conservative Allocation Fund Class A (MCNAX)

10.55
Net Asset Value
-0.38%
1 Day
-2.22%
Year-to-Date
Overall Morningstar Rating
Allocation--30% to 50% equity
Style or Category
5.75
Sales Expenses
1.14%
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+0.44% 3 years+2.76%
3 months-3.40% 5 years+4.08%
1 year+4.18% Since inception+4.11%
Data through --

Peer Comparisonvs. Allocation--30% to 50% equity

 MCNAXCategory
Performance 5-yr return+4.08%+4.65%
Expense ratio1.14%1.16%
Risk 5 year sharpe ratio0.980.87
Net assets$71.9M$2.1B
Average market cap$37.9B$59.6B
Average P/E18.318.0
Portfolio turnover48%48%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenurePatrick Ryan / 10 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

Fixed income64.39%
U.S. stock18.72%
International stock11.18%
Cash5.67%
Other0.03%
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 Y19.93%
COINX Madison Corporate Bond Fund Class Y6.93%
TIP iShares TIPS Bond ETF6.59%
VGSH Vanguard Short-Term Treasury Index Fund ETF Shares6.56%
MINVX Madison Investors Fund Class Y6.31%
BHBFX Madison Dividend Income Fund Class Y6.23%
BAGIX Baird Aggregate Bond Fund Class Institutional6.21%
SFRZX Virtus Seix Floating Rate High Income Fund Class R65.09%
VEU Vanguard FTSE All-World ex-US Index Fund ETF Shares4.51%
TLT iShares 20+ Year Treasury Bond ETF4.17%