Madison Covered Call & Equity Income Fund

Scorecard
3 / 5 Stars
Lipper
4 4 5 5 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
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TheStreet.com
C- (Hold)

U.S. News evaluated 121 Long/Short Equity Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 14.61 percent over the past year, and 9.60 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 4.8%
1 Year 14.6%
3 Years (Annualized) 9.6%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide consistent total return and, secondarily, to provide a high level of income and gains from option premiums. The fund invests, under normal conditions, primarily in common stocks of large- and mid-capitalization issuers that are, in the view of the fund's investment adviser, selling at a reasonable price in relation to their long-term earnings growth rates. It will invest at least 80% of its total assets in common stocks, with at least 65% of this amount invested in common stocks of large capitalization issuers that met the fund's selection criteria.

Fees

Fees are Above Average compared to funds in the same category.
Madison Covered Call & Equity Income Fund has an expense ratio of 1.25 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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