- High Income Fund
The Fund will be merged with and into Madison Core Bond Fund after the close of business on September 14, 2020. Refer to the High Income Fund merger Shareholder Notice for more details.
Fund Objective
The High Income Fund seeks high current income. The fund also seeks capital appreciation, but only when consistent with its primary goal.
Investment Strategies
The High Income Fund invests primarily in better quality, B-rated bonds that offer opportunity for capital appreciation. Using a cautious, conservative style that avoids deeply discounted issues, the goal is to outperform the high yield market with less volatility.
Quarterly Fund Fact Sheet
Key Highlights
(as of Tuesday February 07, 2023) | |||
Class A | Class B | Class Y | |
Daily Price | 5.68 | 5.86 | 5.54 |
Ticker Symbol | |||
Inception Date | 12/29/97 | 12/29/97 | |
Expense Ratio | 0.00 | 0.00 | 0.00 |
Links to other Madison Funds information:
Daily Price Summary
Performance Summary (PDF)
Prospectus and Financial Reports
Account Applications and Forms
Tax Information
Portfolio Management

Allen Olson, CFA
Allen serves as portfolio manager and credit analyst on Madison’s Fixed Income Team. He has been working in the financial services industry since 1998. Allen previously worked as a Fixed Income Credit Analyst and Portfolio Manager for Clarica Insurance in Milwaukee. Allen earned his bachelor’s degree in Economics and his master’s in Management from the University of Wisconsin.

Mike Sanders, CFA
Mike serves as a portfolio manager and credit analyst for Madison's Fixed Income Team. He has been working in the financial services industry since 2004. Prior to joining Madison in 2013, Mike was a fixed income portfolio manager and analyst for Ziegler Lotsoff Capital Management focusing mostly on high yield bonds and preferred stocks. He earned a BBA from St. Norbert College, MS in economics from Marquette University and a MBA with honors from the University of Chicago Booth School of Business.

Chris Schroeder
Chris serves as a credit analyst for Madison’s Fixed Income Team. He has been working in the financial services industry since 1997. Prior to joining Madison, Chris was an analyst and Director of Fixed Income Research at GMP Securities LLC. He has also held High Yield analyst positions at both Merrill Lynch and Deutsche Bank Securities. Chris received his bachelor’s degree in Mathematics from the University of Wisconsin and his MBA from Edgewood College.
Portfolio Highlights
Top Ten Fund Holdings | |
(as of December 31, 2022) | |
0.0% | |
% of Fund in Top Ten Securities | 0.0% |
Net Assets (as of 6/30/20) | $16.4 Million |
Turnover (as of 10/31/19) | 16% |
Complete Holdings List