Madison High Income Fund Class B (MHNBX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks high current income; capital appreciation is secondary, but only when consistent with its primary goal. The fund invests primarily in lower-rated, higher-yielding income bearing securities, such as "junk" bonds. Under normal market conditions, it invests at least 80% of its net assets (including borrowings for investment purposes) in bonds rated lower than investment grade (BBB/Baa) and their unrated equivalents or other high-yielding securities. Up to 25% of the fund's assets may be invested in the securities of issuers in any one industry, and up to 50% of the fund's assets may be invested in restricted securities.


1 month+0.20% 3 years+5.54%
3 months+1.55% 5 years+6.72%
1 year+1.65% Since inception+4.78%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+6.72%+7.45%
Expense ratio1.75%1.11%
Risk 5 year sharpe ratio1.041.17
Net assets$29.0M$1.5B
Average market cap--$12.4B
Average P/E--21.0
Portfolio turnover52%52%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureMark Shenkman / 10 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00


Fixed income95.87%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.87%
-- 1.86%
-- 1.84%
-- 1.82%
-- 1.82%
-- 1.80%
-- 1.79%
-- 1.68%
-- 1.50%
-- 1.48%

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