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

9.07
Net Asset Value
0.00%
1 Day
-0.11%
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-2.68% 3 years+4.24%
3 months+2.66% 5 years+6.24%
1 year+4.80% Since inception+7.22%
Data through --

Peer Comparisonvs. Options-based

 MENYXCategory
Performance 5-yr return+6.24%+5.41%
Expense ratio1.03%1.49%
Risk 5 year sharpe ratio1.180.91
Net assets$132.2M$314.0M
Average market cap$31.7B$124.3B
Average P/E17.522.9
Portfolio turnover166%166%

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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. stock74.34%
Cash19.41%
International stock4.07%
Fixed income2.19%
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 Inc4.91%
DGL PowerShares DB Gold Fund3.23%
QCOM Qualcomm3.04%
WY Weyerhaeuser Co2.97%
GM GM2.71%
ESRX Express Scripts Holding Co2.65%
APA Apache Corp2.64%
GILD Gilead Sciences2.61%
MSFT Microsoft2.61%
NEM Newmont Mining Corp2.51%