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

9.06
Net Asset Value
+1.68%
1 Day
+0.22%
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-4.09% 3 years+5.10%
3 months-0.79% 5 years--
1 year-3.16% Since inception+7.49%
Data through --

Peer Comparisonvs. Option writing

 MENRXCategory
Performance 5-yr return----
Expense ratio0.90%1.49%
Risk 5 year sharpe ratio0.750.63
Net assets$96.7M$314.7M
Average market cap$42.0B$87.1B
Average P/E20.119.0
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. stock67.83%
Cash28.56%
Fixed income1.87%
International stock1.74%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
MSFT Microsoft2.97%
AAPL Apple2.89%
UTX United Technologies2.76%
JEC Jacobs Engineering Group Inc2.44%
GOOG Google2.38%
CBS CBS2.31%
TMUS T-Mobile US Inc2.29%
APA Apache Corp2.26%
CERN Cerner Corp2.23%
COST Costco2.20%

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