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; the fund also seeks capital appreciation- 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-0.76% 3 years+2.00%
3 months-1.21% 5 years+2.58%
1 year+0.09% Since inception+4.41%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+2.58%+3.82%
Expense ratio1.77%1.04%
Risk 5 year sharpe ratio0.490.74
Net assets$21.6M$1.3B
Average market cap--$7.7B
Average P/E----
Portfolio turnover53%53%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureMichael Sanders / 2 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00


Fixed income92.35%
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
-- 2.80%
-- 2.48%
-- 2.36%
-- 2.32%
-- 1.98%
-- 1.91%
-- 1.87%
-- 1.86%
-- 1.84%
-- 1.80%