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

9.07
Net Asset Value
-0.11%
1 Day
-0.98%
Year-to-Date
Overall Morningstar Rating
Option writing
Style or Category
No Load
Sales Expenses
0.90%
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-2.05% 3 years+3.23%
3 months+1.08% 5 years+6.10%
1 year+2.18% Since inception+7.28%
Data through --

Peer Comparisonvs. Option writing

 MENRXCategory
Performance 5-yr return+6.10%+5.71%
Expense ratio0.90%1.55%
Risk 5 year sharpe ratio1.310.99
Net assets$117.1M$314.6M
Average market cap$36.3B$110.3B
Average P/E16.621.3
Portfolio turnover135%135%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureRay DiBernardo / 7 Years
Minimal initial investment$500,000.00
Minimum IRA investment--

Holdings

U.S. stock75.03%
Cash20.59%
International stock3.26%
Fixed income1.12%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
TMUS T-Mobile US Inc3.95%
LOW Lowe's3.27%
DOW Dow Chemical3.03%
GILD Gilead Sciences2.68%
QCOM Qualcomm2.68%
BAC Bank of America2.63%
BIIB Biogen2.50%
COST Costco2.47%
NRG NRG Energy Inc2.42%
CVS CVS Caremark2.41%