Madison Covered Call & Equity Income Fund Class R6 (MENRX)

10.10
Net Asset Value
-0.20%
1 Day
+0.70%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
0.88%
Expense Ratio
Above 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 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 month0.00% 3 years--
3 months+2.48% 5 years--
1 year+13.21% Since inception+12.48%
Data through --

Peer Comparisonvs. Long/short equity

 MENRXCategory
Performance 5-yr return--+9.35%
Expense ratio0.88%1.90%
Risk 5 year sharpe ratio--0.90
Net assets$40.0M$509.4M
Average market cap$41.5B$38.0B
Average P/E20.717.8
Portfolio turnover100%100%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureFrank Burgess / 4 Years
Minimal initial investment$500,000.00
Minimum IRA investment--

Holdings

U.S. stock96.31%
International stock3.69%
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
COST Costco Wholesale Corp4.04%
SPY SPDR S&P 5003.84%
DISCK Discovery Communications Inc3.73%
QQQ PowerShares QQQ3.70%
AMZN Amazon.com Inc3.63%
EMC EMC Corp3.62%
MOS Mosaic Co3.32%
CBS CBS Corp Class B3.27%
EBAY eBay Inc3.20%
MON Monsanto Co3.07%

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