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

Net Asset Value
1 Day
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
Expense Ratio
Below Average
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--
3 months+0.86% 5 years--
1 year+2.38% Since inception+8.76%
Data through --

Peer Comparisonvs. Long/short equity

Performance 5-yr return--+6.50%
Expense ratio2.03%1.89%
Risk 5 year sharpe ratio0.830.80
Net assets$64.9M$388.5M
Average market cap$46.0B$43.8B
Average P/E21.719.1
Portfolio turnover139%139%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureFrank Burgess / 5 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00


U.S. stock78.15%
Fixed income3.03%
International stock2.62%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ALTR Altera Corp3.13%
GLD SPDR® Gold Shares3.03%
SPY SPDR® S&P 500 ETF2.93%
GOOG Google2.90%
QQQ PowerShares QQQ2.90%
EBAY eBay2.85%
SBUX Starbucks2.50%
TROW T. Rowe Price Group Inc2.47%
DEO Diageo2.44%
DHR Danaher Corp2.38%

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