Madison Dividend Income Fund (BHBFX)
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.
Fund Info
| ISIN | US5574924776 |
|---|---|
| CUSIP | 557492477 |
| Issuer | Madison Funds |
| Inception Date | Dec 18, 1986 |
| Category | Large Cap Value Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
The Madison Dividend Income Fund has a high expense ratio of 0.91%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BHBFX vs. KNG, BHBFX vs. QQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Madison Dividend Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Madison Dividend Income Fund had a return of -0.70% year-to-date (YTD) and 2.78% in the last 12 months. Over the past 10 years, Madison Dividend Income Fund had an annualized return of 8.49%, while the S&P 500 had an annualized return of 10.42%, indicating that Madison Dividend Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.70% | 5.05% |
| 1 month | -2.84% | -4.27% |
| 6 months | 8.81% | 18.82% |
| 1 year | 2.78% | 21.22% |
| 5 years (annualized) | 6.51% | 11.38% |
| 10 years (annualized) | 8.49% | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.90% | 1.79% | 3.84% | |||||||||
| 2023 | -4.76% | -3.46% | 5.44% | 4.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Madison Dividend Income Fund(BHBFX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Madison Dividend Income Fund (BHBFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Madison Dividend Income Fund granted a 6.05% dividend yield in the last twelve months. The annual payout for that period amounted to $1.60 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.60 | $1.61 | $2.62 | $3.73 | $0.45 | $1.11 | $2.99 | $1.04 | $0.87 | $1.29 | $1.71 | $1.01 |
Dividend yield | 6.05% | 6.01% | 9.39% | 11.53% | 1.53% | 3.95% | 12.73% | 3.89% | 3.76% | 6.06% | 7.59% | 4.51% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.13 | |||||||||
| 2023 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $1.18 |
| 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 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.74 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Madison Dividend Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Madison Dividend Income Fund was 42.48%, occurring on Mar 9, 2009. Recovery took 854 trading sessions.
The current Madison Dividend Income Fund drawdown is 6.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.48% | Jul 19, 1999 | 2421 | Mar 9, 2009 | 854 | Jul 27, 2012 | 3275 |
| -32.34% | Jan 21, 2020 | 44 | Mar 23, 2020 | 162 | Nov 10, 2020 | 206 |
| -21.93% | Dec 31, 1996 | 74 | Apr 11, 1997 | 116 | Sep 22, 1997 | 190 |
| -18.3% | Apr 21, 2022 | 121 | Oct 12, 2022 | — | — | — |
| -12.69% | Dec 4, 2018 | 14 | Dec 24, 2018 | 40 | Feb 22, 2019 | 54 |
Volatility
Volatility Chart
The current Madison Dividend Income Fund volatility is 3.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.