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Madison Conservative Allocation Fund Class A (MCNAX)

10.32
Net Asset Value
-0.39%
1 Day
+1.88%
Year-to-Date
Overall Morningstar Rating
Allocation--30% to 50% equity
Style or Category
5.75
Sales Expenses
1.15%
Expense Ratio
Low
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-0.58% 3 years+4.17%
3 months+1.09% 5 years+4.54%
1 year+0.18% Since inception+3.87%
Data through --

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

 MCNAXCategory
Performance 5-yr return+4.54%+3.99%
Expense ratio1.15%1.22%
Risk 5 year sharpe ratio0.910.71
Net assets$73.1M$1.7B
Average market cap$37.5B$46.1B
Average P/E19.318.3
Portfolio turnover83%83%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenurePatrick Ryan / 8 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

Fixed income60.10%
U.S. stock24.15%
International stock8.89%
Cash6.86%
Other0.01%
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 Y21.27%
BAGIX Baird Aggregate Bond Fund Class Institutional7.46%
COINX Madison Corporate Bond Fund Class Y7.09%
MWTIX Metropolitan West Total Return Bond Fund Class Institutional5.53%
BHBFX Madison Dividend Income Fund Class Y5.07%
IEF iShares 7-10 Year Treasury Bond ETF5.00%
IEI iShares 3-7 Year Treasury Bond ETF4.94%
MINVX Madison Investors Fund Class Y4.70%
VTV Vanguard Value Index Fund ETF Shares4.20%
TIP iShares TIPS Bond ETF3.98%

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