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

9.29
Net Asset Value
+0.22%
1 Day
+2.77%
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+0.32% 3 years+5.90%
3 months+6.11% 5 years--
1 year+0.46% Since inception+7.20%
Data through --

Peer Comparisonvs. Option writing

 MENRXCategory
Performance 5-yr return----
Expense ratio0.90%1.43%
Risk 5 year sharpe ratio0.710.61
Net assets$88.9M$342.3M
Average market cap$38.9B--
Average P/E19.0--
Portfolio turnover107%107%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureRay DiBernardo / 6 Years
Minimal initial investment$500,000.00
Minimum IRA investment--

Holdings

U.S. stock71.08%
Cash27.07%
International stock1.84%
Fixed income0.02%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
UTX United Technologies3.06%
AAPL Apple2.90%
TMUS T-Mobile US Inc2.62%
CBS CBS2.50%
CERN Cerner Corp2.41%
OXY Occidental Petroleum2.38%
APA Apache Corp2.30%
JEC Jacobs Engineering Group Inc2.29%
TROW T. Rowe Price Group Inc2.27%
SPY SPDR® S&P 500 ETF2.23%

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