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

9.75
Net Asset Value
-0.31%
1 Day
-0.10%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
1.01%
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 total assets in common stocks, with at least 65% of this amount invested in common stocks of large capitalization issuers that met the fund's selection criteria.

Performance

1 month-0.45% 3 years+7.92%
3 months+0.85% 5 years+8.23%
1 year+6.68% Since inception+8.32%
Data through --

Peer Comparisonvs. Long/short equity

 MENYXCategory
Performance 5-yr return+8.23%+6.85%
Expense ratio1.01%1.90%
Risk 5 year sharpe ratio0.800.73
Net assets$62.6M$418.1M
Average market cap$40.3B$39.2B
Average P/E19.317.8
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. stock76.58%
Cash17.97%
Fixed income3.08%
International stock2.36%
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
SPY SPDR® S&P 500 ETF3.04%
QQQ PowerShares QQQ ETF2.99%
AMZN Amazon.com Inc2.99%
GLD SPDR® Gold Shares2.98%
COST Costco Wholesale Corp2.96%
TROW T. Rowe Price Group Inc2.80%
EBAY eBay Inc2.78%
ESRX Express Scripts2.59%
SBUX Starbucks Corp2.53%
COL Rockwell Collins Inc2.47%

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