3 / 5 Stars
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 498 Large Blend Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Note: Profile written for different share class.
The fund has returned 16.10 percent over the past year, 10.33 percent over the past three years, 4.96 percent over the past five years, and 6.17 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||12.5%|
|3 Years (Annualized)||10.3%|
|5 Years (Annualized)||5.0%|
|10 Years (Annualized)||6.2%|
With Madison Mosaic Disciplined Equity, quality reigns supreme.
As of May 03, 2013, the fund has assets totaling almost $196.69 million invested in 53 different holdings. Its portfolio consists primarily of large-cap stocks.
For Madison Mosaic Disciplined Equity's management team, investing is all about stock picking. To neutralize sector dynamics, the fund keeps its sector weightings almost identical to those of the S&P 500. That means all of the fund's relative outperformance stems from superior stock selection. "In general, we're looking for companies that are growing faster than the market but yet have higher-quality balance sheets, strong management teams, sustainable competitive advantages, and . . . reasonable valuations," says co-manager Jay Sekelsky. Sekelsky and his team prefer conservative blue chips that have demonstrated their potential over the years. "You're more likely to see a Johnson & Johnson in the portfolio than a biotech company, for instance," Sekelsky says. Over the past few years, that strategy has generally worked out well. The fund has returned 16.10 percent over the past year and 10.33 percent over the past three years.
Historically, this fund has built a solid track record. If it weren't for the stretch between 2003 and 2005 (the fund was in the bottom 15 percent of its category in each of the three years), those numbers would be even more impressive. The fund has returned 4.96 percent over the past five years and 6.17 percent over the past decade.
According to the fund's prospectus: "[The] adviser selects companies that it believes show steady, sustainable growth and reasonable valuation, rather than 'hot' stocks or 'trendy' growth companies. [The] adviser will invest in the stocks of issuers that it believes have a blend of both value and growth potential: what the adviser calls 'GARP' or 'growth at a reasonable price.' By pursuing this strategy, the adviser's intent is that investors in the Fund will participate in market appreciation during bull markets. The strategy is also intended to protect investors during bear markets compared with investors in portfolios holding more speculative and volatile securities."
Role in Portfolio
This fund could lend support to a well-balanced portfolio.
Jay Sekelsky and Marian Quade manage the fund.
Madison Disciplined Equity Fund has an expense ratio of 0.77 percent.
Like all stock funds, this one comes with some risks.