Madison High Income Fund Class Y (MHNYX)

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-1.29% 3 years+5.51%
3 months+0.37% 5 years+7.25%
1 year+0.69% Since inception+6.97%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+7.25%+7.45%
Expense ratio0.75%1.11%
Risk 5 year sharpe ratio1.411.35
Net assets$28.8M$1.5B
Average market cap--$13.2B
Average P/E--22.5
Portfolio turnover52%52%

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Fund Management and Purchase Info

Fund familyMadison Funds
Fund manager & tenureMark Shenkman / 10 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00


Fixed income95.65%
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%
-- 1.84%
-- 1.83%
-- 1.82%
-- 1.81%
-- 1.79%
-- 1.78%
-- 1.49%
-- 1.47%
-- 1.46%

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