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

9.38
Net Asset Value
+0.21%
1 Day
+3.76%
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+6.66% 3 years+6.51%
3 months+2.63% 5 years--
1 year+6.02% Since inception+7.20%
Data through --

Peer Comparisonvs. Option writing

 MENRXCategory
Performance 5-yr return--+4.56%
Expense ratio0.90%1.47%
Risk 5 year sharpe ratio0.760.67
Net assets$96.1M$318.8M
Average market cap$43.5B$84.4B
Average P/E20.118.2
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. stock82.58%
Cash13.69%
Fixed income1.96%
International stock1.77%
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 Inc3.22%
GOOG Google3.20%
MSFT Microsoft2.92%
UTX United Technologies2.86%
AAPL Apple2.81%
CBS CBS2.76%
V Visa2.60%
TROW T. Rowe Price Group Inc2.46%
JEC Jacobs Engineering Group Inc2.43%
CERN Cerner Corp2.39%

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