Madison Covered Call & Equity Income Fund Class C (MENCX)

9.80
Net Asset Value
+0.31%
1 Day
-0.20%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
2.01%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks to provide consistent total return and, secondarily, to provide a high level of income and gains from option premiums. The fund invests, under normal conditions, primarily in common stocks of large- and mid-capitalization issuers that are, in the view of the fund's investment adviser, selling at a reasonable price in relation to their long-term earnings growth rates. It will invest at least 80% of its total assets in common stocks, with at least 65% of this amount invested in common stocks of large capitalization issuers that met the fund's selection criteria.

Performance

1 month+0.70% 3 years--
3 months+2.25% 5 years--
1 year+13.45% Since inception+11.45%
Data through --

Peer Comparisonvs. Large growth

 MENCXCategory
Performance 5-yr return--+20.22%
Expense ratio2.01%1.24%
Risk 5 year sharpe ratio--1.26
Net assets$36.1M$2.5B
Average market cap$40.0B$67.2B
Average P/E19.824.1
Portfolio turnover100%100%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureFrank Burgess / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

U.S. stock94.89%
International stock5.20%
Cash0.01%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
EBAY eBay Inc4.47%
DTV Directv4.25%
AAP Advance Auto Parts Inc3.88%
AMZN Amazon.com Inc3.86%
COST Costco Wholesale Corporation3.73%
AAPL Apple Inc3.52%
DISCK Discovery Communications Inc3.52%
SPY SPDR S&P 5003.40%
HD Home Depot, Inc.3.24%
QQQ PowerShares QQQ3.02%

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