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

9.12
Net Asset Value
+0.33%
1 Day
+0.88%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
0.90%
Expense Ratio
Below 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+0.44% 3 years+5.38%
3 months+5.48% 5 years--
1 year-1.51% Since inception+7.01%
Data through --

Peer Comparisonvs. Long/short equity

 MENRXCategory
Performance 5-yr return--+3.52%
Expense ratio0.90%1.91%
Risk 5 year sharpe ratio0.680.30
Net assets$86.6M$266.0M
Average market cap$37.2B$48.9B
Average P/E19.518.1
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. stock76.44%
Cash19.07%
Fixed income2.60%
International stock1.90%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
AAPL Apple3.51%
GWW W W Grainger Inc3.10%
UTX United Technologies3.06%
MSFT Microsoft2.82%
GLD SPDR® Gold Shares2.76%
CBS CBS2.56%
CERN Cerner Corp2.37%
JEC Jacobs Engineering Group Inc2.33%
TROW T. Rowe Price Group Inc2.30%
UPS UPS2.25%

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