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

9.20
Net Asset Value
+0.33%
1 Day
+1.10%
Year-to-Date
Overall Morningstar Rating
Options-based
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+0.44% 3 years+3.76%
3 months+3.21% 5 years+6.92%
1 year+5.37% Since inception+6.70%
Data through --

Peer Comparisonvs. Options-based

 MENYXCategory
Performance 5-yr return+6.92%+5.08%
Expense ratio1.03%1.52%
Risk 5 year sharpe ratio1.140.88
Net assets$128.1M$315.8M
Average market cap$34.3B$118.4B
Average P/E19.821.2
Portfolio turnover135%135%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureRay DiBernardo / 8 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock80.06%
Cash16.68%
Fixed income1.72%
International stock1.54%
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
TMUS T-Mobile US Inc4.67%
WY Weyerhaeuser Co3.95%
NRG NRG Energy Inc3.54%
LOW Lowe's3.08%
TXT Textron Inc2.68%
XLNX Xilinx Inc2.62%
DWDP DowDuPont Inc2.55%
BAX Baxter International Inc2.54%
APA Apache Corp2.51%
GILD Gilead Sciences2.42%