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

Net Asset Value
1 Day
Overall Morningstar Rating
Option writing
Style or Category
No Load
Sales Expenses
Expense Ratio
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 net assets in common stocks, with at least 65% of this amount invested in common stocks of large capitalization issuers that meet the fund's selection criteria.


1 month+1.05% 3 years+2.75%
3 months+1.76% 5 years--
1 year+4.13% Since inception+5.98%
Data through --

Peer Comparisonvs. Option writing

Performance 5-yr return--+5.71%
Expense ratio2.03%1.55%
Risk 5 year sharpe ratio1.090.97
Net assets$113.3M$310.6M
Average market cap$38.3B$109.8B
Average P/E16.821.0
Portfolio turnover135%135%

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Fund Management and Purchase Info

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


U.S. stock84.72%
Fixed income5.40%
International stock2.72%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
FDX FedEx4.54%
-- 4.38%
TMUS T-Mobile US Inc3.98%
LOW Lowe's3.35%
DOW Dow Chemical3.05%
MPC Marathon Petroleum2.99%
QCOM Qualcomm2.85%
DD E I du Pont de Nemours and Co2.83%
JPM JPMorgan Chase2.78%
BAC Bank of America2.71%