Madison Covered Call & Equity Income Fund Class Y (MENYX)

9.80
Net Asset Value
0.00%
1 Day
+0.41%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
1.03%
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-0.91% 3 years+6.69%
3 months-0.04% 5 years+7.92%
1 year+5.22% Since inception+8.33%
Data through --

Peer Comparisonvs. Long/short equity

 MENYXCategory
Performance 5-yr return+7.92%+6.85%
Expense ratio1.03%1.90%
Risk 5 year sharpe ratio0.800.78
Net assets$60.6M$400.8M
Average market cap$46.7B$37.5B
Average P/E20.318.2
Portfolio turnover139%139%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureFrank Burgess / 5 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

U.S. stock67.67%
Cash26.10%
Fixed income3.73%
International stock2.51%
Other0.00%
Top 5 Sectors
Portfolio weighting
Healthcare 17.86%
Energy 14.23%
Financial service 12.04%
Consumer goods 11.19%
Industrial materials 10.14%
Top 10 Holdings
Portfolio weighting
AMZN Amazon3.78%
QQQ PowerShares QQQ3.23%
SPY SPDR® S&P 500 ETF3.21%
GLD SPDR® Gold Shares3.13%
SBUX Starbucks2.97%
EBAY eBay2.95%
TROW T. Rowe Price Group Inc2.78%
GOOG Google2.59%
PCLN Priceline2.46%
BHI Baker Hughes Inc2.44%

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