• International Stock Fund

Fund Objective

The International Stock Fund seeks long-term growth of capital.

Investment Strategies

The International Stock Fund invests at least 80% of its assets in foreign equity securities. The fund invests primarily in relatively large capitalization stocks of issuers located or operating in developed countries. The Fund typically maintains a portfolio of stocks which it believes to have a low market price relative to their perceived value based on fundamental analysis of the issuing company and its prospects. This is sometimes referred to as a "value" approach. It may also invest in foreign debt and other income bearing securities at times when it believes that income bearing securities have greater capital appreciation potential than equity securities.

Key Highlights

(as of Wednesday June 16, 2021)
  Class A Class B Class Y
Daily Price 14.00 13.55 13.95
Ticker Symbol MINAX MINBX MINYX
Inception Date 12/29/97 12/29/97

06/30/06

Expense Ratio 1.60 2.35

1.35

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

Portfolio Management


Thomas Tibbles, CFA

Patrick Tan

Alyssa Rudakas, CFA

Portfolio Highlights

Top Ten Fund Holdings
(as of May 31, 2021)
ASTRAZENECA PLC2.9%
TENCENT HOLDINGS LTD2.9%
LARSEN + TOUBRO GDR REG S2.7%
ALIBABA GROUP HOLDING SP ADR2.6%
PRUDENTIAL PLC2.6%
CREDIT SUISSE GROUP AG REG2.4%
HDFC BANK LTD ADR2.3%
GRUPO MEXICO SAB DE CV SER B2.3%
ASML HOLDING NV NY REG SHS2.2%
PING AN INSURANCE GROUP CO H2.2%
% of Fund in Top Ten Securities25.1%
 
Net Assets (as of 3/31/21) $18.1 Million
Turnover (as of 10/31/20) 34%


Complete Holdings List

International securities have additional risks. Please see prospectus for further details.