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

9.92
Net Asset Value
-0.10%
1 Day
+1.43%
Year-to-Date
Overall Morningstar Rating
Long/short equity
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 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 month+0.40% 3 years--
3 months+1.47% 5 years--
1 year+6.17% Since inception+10.29%
Data through --

Peer Comparisonvs. Long/short equity

 MENRXCategory
Performance 5-yr return--+6.85%
Expense ratio0.90%1.90%
Risk 5 year sharpe ratio0.800.78
Net assets$60.6M$400.8M
Average market cap$43.4B$36.2B
Average P/E17.517.4
Portfolio turnover139%139%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureFrank Burgess / 5 Years
Minimal initial investment$500,000.00
Minimum IRA investment--

Holdings

U.S. stock73.37%
Cash20.71%
Fixed income3.38%
International stock2.54%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
AMZN Amazon3.60%
GLD SPDR® Gold Shares3.40%
SPY SPDR® S&P 500 ETF3.10%
QQQ PowerShares QQQ3.08%
SBUX Starbucks2.84%
EBAY eBay2.76%
TROW T. Rowe Price Group Inc2.70%
OXY Occidental Petroleum2.54%
GOOG Google2.53%
DEO Diageo2.44%

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