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

9.47
Net Asset Value
0.00%
1 Day
+0.21%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
2.03%
Expense Ratio
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.

Performance

1 month-0.94% 3 years--
3 months-0.25% 5 years--
1 year+4.18% Since inception+9.06%
Data through --

Peer Comparisonvs. Long/short equity

 MENCXCategory
Performance 5-yr return--+6.85%
Expense ratio2.03%1.90%
Risk 5 year sharpe ratio0.710.78
Net assets$60.6M$400.8M
Average market cap$46.7B$37.5B
Average P/E20.318.2
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

Holdings

U.S. stock67.67%
Cash26.10%
Fixed income3.73%
International stock2.51%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
AMZN Amazon3.78%
QQQ PowerShares QQQ3.23%
SPY SPDR® S&P 500 ETF3.21%
GLD SPDR® Gold Shares3.13%
SBUX Starbucks2.97%
EBAY eBay2.95%
TROW T. Rowe Price Group Inc2.78%
GOOG Google2.59%
PCLN Priceline2.46%
BHI Baker Hughes Inc2.44%

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