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

9.23
Net Asset Value
0.00%
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+1.32% 3 years+4.04%
3 months+1.54% 5 years+7.33%
1 year+5.70% Since inception+6.88%
Data through --

Peer Comparisonvs. Option writing

 MENYXCategory
Performance 5-yr return+7.33%+5.71%
Expense ratio1.03%1.55%
Risk 5 year sharpe ratio1.280.97
Net assets$113.3M$310.6M
Average market cap$38.3B$109.8B
Average P/E16.821.0
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. stock84.72%
Cash7.17%
Fixed income5.40%
International stock2.72%
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
FDX FedEx4.54%
-- 4.38%
TMUS T-Mobile US Inc3.98%
LOW Lowe's3.35%
DOW Dow Chemical3.05%
MPC Marathon Petroleum2.99%
QCOM Qualcomm2.85%
DD E I du Pont de Nemours and Co2.83%
JPM JPMorgan Chase2.78%
BAC Bank of America2.71%