• Mid Cap Fund

Fund Objective

The Mid Cap Fund seeks long-term capital appreciation.

Investment Strategies

The Mid Cap Fund invests generally in common stocks, securities convertible into common stocks and related equity securities of  mid-size and smaller companies. The fund will maintain at least 80% of its assets in mid cap securities. The fund seeks attractive long-term returns through bottom-up security selection based on fundamental analysis in a diversified portfolio of high-quality growth companies with attractive valuations.  These will typically be industry leading companies in niches with strong growth prospects.

Key Highlights

(as of Tuesday October 15, 2019)
  Class A Class B Class Y Class R6
Daily Price 10.96 8.73 11.56 11.84
Ticker Symbol MERAX MERBX GTSGX MMCRX
Inception Date 4/19/13 4/19/13 7/21/83 2/29/12
Expense Ratio 1.40 2.15 0.98 0.77


Links to other Madison Funds information:
Daily Price Summary
Performance Summary (PDF)
Prospectus and Financial Reports
Account Applications and Forms
Tax Information

Form 8937 - Mid Cap Fund

Portfolio Management


Rich Eisinger

Haruki Toyama
 

Andy Romanowich, CFA

Portfolio Highlights

Top Ten Fund Holdings
(as of September 30, 2019)
ARCH CAPITAL GROUP LTD6.4%
LIBERTY BROADBAND C5.1%
DOLLAR TREE INC5.0%
MARKEL CORP4.9%
CARMAX INC4.5%
BROWN + BROWN INC4.2%
IHS MARKIT LTD4.2%
COPART INC4.1%
O REILLY AUTOMOTIVE INC4.0%
BROOKFIELD ASSET MANAGE CL A4.0%
% of Fund in Top Ten Securities46.4%
 
Net Assets (as of 9/30/19) $569.8 Million
Turnover (as of 10/31/18) 27%

 

Complete Holdings List

Investing in small, mid-size or emerging growth companies involves greater risks not associated with investing in more established companies, such as business risk, significant stock price fluctuations and illiquidity. Please see prospectus for further details.