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

Net Asset Value
1 Day
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
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.


1 month+1.78% 3 years+6.28%
3 months-3.42% 5 years--
1 year-0.09% Since inception+7.53%
Data through --

Peer Comparisonvs. Long/short equity

Performance 5-yr return--+5.78%
Expense ratio0.90%1.88%
Risk 5 year sharpe ratio0.960.69
Net assets$90.5M$345.1M
Average market cap$40.7B$41.2B
Average P/E19.816.4
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--


U.S. stock79.97%
Fixed income3.06%
International stock1.52%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
GLD SPDR® Gold Shares3.09%
AAPL Apple3.08%
CAM Cameron International Corp2.94%
SPY SPDR® S&P 500 ETF2.88%
QQQ PowerShares QQQ2.84%
UTX United Technologies2.76%
VZ Verizon2.45%
OXY Occidental Petroleum2.33%
TROW T. Rowe Price Group Inc2.31%
BHI Baker Hughes Inc2.26%

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