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

Net Asset Value
1 Day
Overall Morningstar Rating
Option writing
Style or Category
No Load
Sales Expenses
Expense Ratio
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+0.65% 3 years+4.13%
3 months-0.33% 5 years--
1 year+7.39% Since inception+7.31%
Data through --

Peer Comparisonvs. Option writing

Performance 5-yr return--+5.34%
Expense ratio0.90%1.55%
Risk 5 year sharpe ratio0.970.88
Net assets$119.9M$299.9M
Average market cap$38.9B$114.2B
Average P/E16.521.8
Portfolio turnover135%135%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureRay DiBernardo / 7 Years
Minimal initial investment$500,000.00
Minimum IRA investment--


U.S. stock73.24%
International stock2.41%
Fixed income0.92%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
FDX FedEx3.17%
GM GM2.83%
BAX Baxter International Inc2.78%
MPC Marathon Petroleum2.54%
DD E I du Pont de Nemours and Co2.54%
BHI Baker Hughes Inc2.52%
QCOM Qualcomm2.52%
GILD Gilead Sciences2.25%
RRC Range Resources Corp2.24%
TMUS T-Mobile US Inc2.24%