Madison Moderate Allocation Fund (MMDAX)
The investment seeks capital appreciation, income and moderated market risk. The fund invests primarily in shares of other registered investment companies (the "underlying funds"). Under normal circumstances, the fund's total net assets will be allocated among various asset classes and underlying funds, including those whose shares trade on a stock exchange, with target allocations over time of approximately 60% equity investments and 40% fixed income investments.
Fund Info
| ISIN | US5574926185 |
|---|---|
| CUSIP | 557492618 |
| Issuer | Madison Funds |
| Inception Date | Jun 29, 2006 |
| Category | Diversified Portfolio |
| Min. Investment | $1,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The Madison Moderate Allocation Fund has a high expense ratio of 0.71%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Madison Moderate Allocation 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 Moderate Allocation Fund had a return of 2.12% year-to-date (YTD) and 8.26% in the last 12 months. Over the past 10 years, Madison Moderate Allocation Fund had an annualized return of 4.36%, while the S&P 500 had an annualized return of 10.52%, indicating that Madison Moderate Allocation Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.12% | 6.92% |
| 1 month | -1.94% | -2.83% |
| 6 months | 12.65% | 23.86% |
| 1 year | 8.26% | 23.33% |
| 5 years (annualized) | 3.56% | 11.66% |
| 10 years (annualized) | 4.36% | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.19% | 1.73% | 2.26% | |||||||||
| 2023 | -2.94% | -2.22% | 5.67% | 3.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Madison Moderate Allocation Fund(MMDAX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Madison Moderate Allocation Fund (MMDAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Madison Moderate Allocation Fund granted a 2.11% dividend yield in the last twelve months. The annual payout for that period amounted to $0.22 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.22 | $0.13 | $0.97 | $1.07 | $0.46 | $0.94 | $0.61 | $0.48 | $0.75 | $0.52 | $0.15 |
Dividend yield | 2.11% | 2.15% | 1.39% | 8.46% | 9.24% | 3.95% | 9.05% | 5.13% | 4.36% | 7.00% | 4.52% | 1.25% |
Monthly Dividends
The table displays the monthly dividend distributions for Madison Moderate Allocation 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 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.07 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.94 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 |
| 2013 | $0.15 |
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 Moderate Allocation 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 Moderate Allocation Fund was 43.50%, occurring on Mar 9, 2009. Recovery took 967 trading sessions.
The current Madison Moderate Allocation Fund drawdown is 3.70%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.5% | Oct 11, 2007 | 353 | Mar 9, 2009 | 967 | Jan 10, 2013 | 1320 |
| -19.11% | Nov 10, 2021 | 234 | Oct 14, 2022 | — | — | — |
| -18.1% | Feb 20, 2020 | 23 | Mar 23, 2020 | 79 | Jul 15, 2020 | 102 |
| -11.09% | Jan 29, 2018 | 229 | Dec 24, 2018 | 75 | Apr 12, 2019 | 304 |
| -9.68% | Apr 27, 2015 | 186 | Jan 20, 2016 | 120 | Jul 12, 2016 | 306 |
Volatility
Volatility Chart
The current Madison Moderate Allocation Fund volatility is 1.97%, 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.