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Madison Dividend Income Fund (BHBFX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over $1 billion and a history of paying dividends, with the ability to increase dividends over time. Under normal market conditions, at least 80% of the fund's net assets (including borrowings for investment purposes) will be invested in dividend paying equity securities.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Madison Dividend Income Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $41,790 for a total return of roughly 317.90%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%15.00%NovemberDecember2023FebruaryMarch
4.98%
7.43%
BHBFX (Madison Dividend Income Fund)
Benchmark (^GSPC)

S&P 500

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Madison Dividend Income Fund

Return

Madison Dividend Income Fund had a return of -5.33% year-to-date (YTD) and -9.84% in the last 12 months. Over the past 10 years, Madison Dividend Income Fund had an annualized return of 9.68%, which was very close to the S&P 500 benchmark's annualized return of 9.86%.


PeriodReturnBenchmark
1 month-6.17%-3.13%
Year-To-Date-5.33%2.92%
6 months0.13%2.02%
1 year-9.84%-11.46%
5 years (annualized)7.85%7.79%
10 years (annualized)9.68%9.86%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20232.65%-4.60%
2022-8.13%10.44%6.52%-3.29%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Madison Dividend Income Fund Sharpe ratio is -0.55. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.200.000.20NovemberDecember2023FebruaryMarch
-0.55
-0.45
BHBFX (Madison Dividend Income Fund)
Benchmark (^GSPC)

Dividend History

Madison Dividend Income Fund granted a 9.92% dividend yield in the last twelve months. The annual payout for that period amounted to $2.62 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$2.62$2.62$3.73$0.45$1.11$2.99$1.04$0.87$1.29$1.71$1.01$0.35

Dividend yield

9.92%9.39%12.61%1.87%4.92%16.50%5.69%5.72%9.57%12.72%8.14%3.68%

Monthly Dividends

The table displays the monthly dividend distributions for Madison Dividend Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.12$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.00$2.22
2021$0.00$0.00$0.12$0.00$0.00$0.11$0.00$0.00$0.13$0.00$0.00$3.36
2020$0.00$0.00$0.13$0.00$0.00$0.11$0.00$0.00$0.09$0.00$0.00$0.11
2019$0.00$0.00$0.11$0.00$0.00$0.11$0.00$0.00$0.10$0.00$0.00$0.80
2018$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$2.62
2017$0.00$0.00$0.12$0.00$0.00$0.11$0.00$0.00$0.11$0.00$0.00$0.71
2016$0.00$0.00$0.03$0.00$0.00$0.10$0.00$0.00$0.09$0.00$0.00$0.65
2015$0.00$0.00$0.09$0.00$0.00$0.11$0.00$0.00$0.09$0.00$0.00$1.00
2014$0.00$0.00$0.10$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$1.43
2013$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$0.74
2012$0.08$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$0.09

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%NovemberDecember2023FebruaryMarch
-11.97%
-17.62%
BHBFX (Madison Dividend Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Madison Dividend Income Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Madison Dividend Income Fund is 42.48%, recorded on Mar 9, 2009. It took 854 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.48%Jul 19, 19992421Mar 9, 2009854Jul 27, 20123275
-32.34%Jan 21, 202044Mar 23, 2020162Nov 10, 2020206
-21.93%Dec 31, 199674Apr 11, 1997116Sep 22, 1997190
-18.3%Apr 21, 2022121Oct 12, 2022
-12.7%Dec 4, 201814Dec 24, 201840Feb 22, 201954
-12.62%Mar 18, 1994215Jan 12, 1995115Jun 22, 1995330
-12.12%May 22, 201566Aug 25, 201568Dec 1, 2015134
-11.85%Jan 2, 1998172Aug 31, 199858Nov 19, 1998230
-10.83%Jan 29, 201839Mar 23, 2018125Sep 20, 2018164
-8.71%Dec 30, 199812Jan 14, 1999127Jul 12, 1999139

Volatility Chart

Current Madison Dividend Income Fund volatility is 21.33%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%15.00%20.00%25.00%30.00%35.00%NovemberDecember2023FebruaryMarch
21.33%
20.82%
BHBFX (Madison Dividend Income Fund)
Benchmark (^GSPC)