- Large Cap Value Fund
Fund Objective
The Large Cap Value Fund seeks long-term capital growth, with income as a secondary consideration.
Investment Strategies
The Large Cap Value Fund will focus on stocks of companies with financial and market strength, and a long-term record of financial performance. The fund will maintain at least 80% of its assets in large cap stocks. The fund generally follows what is known as a "value" approach which means that the managers seek to invest in stocks at prices below their perceived intrinsic value as estimated based on fundamental analysis of the issuing company and its prospects.
Key Highlights
| (as of Monday June 01, 2020) | |||
| Class A | Class B | Class Y | |
| Daily Price | 11.12 | 10.79 | 11.09 |
| Ticker Symbol | MGWAX | MGWBX | MYLVX |
| Inception Date | 12/29/97 | 12/29/97 | 6/30/06 |
| Expense Ratio | 1.16 | 1.91 | 0.91 |
Links to other Madison Funds information:
Daily Price Summary
Performance Summary (PDF)
Prospectus and Financial Reports
Account Applications and Forms
Tax Information
Portfolio Management
John Brown, CFA
John Brown, CFAPortfolio Manager
John serves as a portfolio manager on Madison’s U.S. Value Team and has over 25 years of investment experience, serving as a portfolio manager since 1987. Prior to joining Madison, John served in a similar capacity for MEMBERS Capital Advisors and Montgomery Asset Management in San Francisco. He earned a BS in Finance and Computer Science from Northern Illinois University, and an MBA from the University of Wisconsin.
John serves as a portfolio manager on Madison’s U.S. Value Team and has over 25 years of investment experience, serving as a portfolio manager since 1987. Prior to joining Madison, John served in a similar capacity for MEMBERS Capital Advisors and Montgomery Asset Management in San Francisco. He earned a BS in Finance and Computer Science from Northern Illinois University, and an MBA from the University of Wisconsin.
Drew Justman, CFA
Drew Justman, CFAPortfolio Manager
Drew serves as a portfolio manager on Madison’s Value Team. Prior to joining Madison, he worked with Merrill Lynch. Drew holds a BBA in Finance and Economics and an MS in Finance from the University of Wisconsin. He also graduated from the Applied Security Analysis Program.
Drew serves as a portfolio manager on Madison’s Value Team. Prior to joining Madison, he worked with Merrill Lynch. Drew holds a BBA in Finance and Economics and an MS in Finance from the University of Wisconsin. He also graduated from the Applied Security Analysis Program.
Portfolio Highlights
| Top Ten Fund Holdings | |
| (as of April 30, 2020) | |
| JPMORGAN CHASE + CO | 4.7% |
| BARRICK GOLD CORP | 4.6% |
| BAXTER INTERNATIONAL INC | 4.5% |
| BRISTOL MYERS SQUIBB CO | 3.5% |
| VERIZON COMMUNICATIONS INC | 3.5% |
| SEMPRA ENERGY | 3.4% |
| ROYAL GOLD INC | 3.0% |
| JOHNSON + JOHNSON | 2.8% |
| FRANCO NEVADA CORP | 2.8% |
| HOME DEPOT INC | 2.7% |
| % of Fund in Top Ten Securities | 35.5% |
| Net Assets (as of 3/31/20) | $47.9 Million |
| Turnover (as of 10/31/19) | 71% |
Investment in the fund involves direct expenses and a proportional share of the expenses of the underlying funds — indirect expenses. The cost of this type of investment may be higher than generally experienced when investing in mutual funds that contain stocks and bonds. Please see prospectus for further details.
