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

9.23
Net Asset Value
+0.22%
1 Day
+1.43%
Year-to-Date
Overall Morningstar Rating
Option writing
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+2.10% 3 years+3.83%
3 months+1.65% 5 years+6.11%
1 year+5.02% Since inception+6.68%
Data through --

Peer Comparisonvs. Option writing

 MENYXCategory
Performance 5-yr return+6.11%+5.71%
Expense ratio1.03%1.53%
Risk 5 year sharpe ratio1.130.89
Net assets$119.3M$315.3M
Average market cap$32.9B$109.3B
Average P/E17.420.4
Portfolio turnover135%135%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureRay DiBernardo / 7 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock75.61%
Cash20.35%
Fixed income2.32%
International stock1.73%
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 Inc4.08%
-- 3.10%
LOW Lowe's3.07%
WY Weyerhaeuser Co2.99%
GILD Gilead Sciences2.91%
BIIB Biogen2.70%
QCOM Qualcomm2.59%
DGL PowerShares DB Gold Fund2.58%
BAC Bank of America2.57%
COST Costco2.40%