| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
4
3
4
4
2
|
|
Zacks Investment Research
3
(Hold)
|
|
Standard & Poor's
4 / 5 Stars
|
|
TheStreet.com
B-
(Buy)
|
#80 in Large Value
U.S. News evaluated 330 Large Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 19.37 percent over the past year, 10.33 percent over the past three years, 7.31 percent over the past five years, and 6.53 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 14.9% |
| 1 Year | 19.4% |
| 3 Years (Annualized) | 10.3% |
| 5 Years (Annualized) | 7.3% |
| 10 Years (Annualized) | 6.5% |
Summary
The investment seeks to produce current income while providing an opportunity for capital appreciation. The fund invests in equity securities of companies with a market capitalization of over $1 billion and a history of dividends, with the ability to increase dividends over time. It normally invests at least 80% of its net assets in dividend paying equity securities. The fund generally invests in 40-60 companies at any given time. The adviser may write (sell) covered call options against equity holdings, not to exceed 25% of the fund's equity holdings. The fund may also invest up to 25% of its common stock allocation in foreign securities.
Fees
Fees are Low compared to funds in the same category.
Madison Dividend Income Fund has an expense ratio of 1.09 percent.
Risk
Risk is Low compared to funds in the same category according to Morningstar.
