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

9.87
Net Asset Value
-0.10%
1 Day
+1.13%
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+0.82% 3 years+10.17%
3 months+1.97% 5 years+9.46%
1 year+6.05% Since inception+8.31%
Data through --

Peer Comparisonvs. Long/short equity

 MENYXCategory
Performance 5-yr return+9.46%+6.50%
Expense ratio1.03%1.91%
Risk 5 year sharpe ratio0.780.67
Net assets$63.2M$383.1M
Average market cap$50.1B$35.6B
Average P/E21.118.1
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. stock69.00%
Cash24.44%
International stock3.70%
Fixed income2.87%
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
MSFT Microsoft3.37%
GOOG Google3.00%
SPY SPDR® S&P 500 ETF2.97%
QQQ PowerShares QQQ2.92%
GLD SPDR® Gold Shares2.86%
EBAY eBay2.78%
ALTR Altera Corp2.74%
AMZN Amazon2.61%
TROW T. Rowe Price Group Inc2.55%
BHI Baker Hughes Inc2.50%

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