Madison Moderate Allocation Fund (MMDAX)

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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.

Madison Moderate Allocation Fund (MMDAX) has returned -2.67% so far this year and 7.86% over the past 12 months. Over the last ten years, MMDAX has returned 5.37% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jul 3, 2006, MMDAX's average daily return is +0.02%, while the average monthly return is +0.40%. At this rate, your investment would double in approximately 14.5 years.

Historically, 65% of months were positive and 35% were negative. The best month was Apr 2009 with a return of +7.4%, while the worst month was Oct 2008 at -15.1%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.

On a daily basis, MMDAX closed higher 50% of trading days. The best single day was Dec 28, 2018 with a return of +9.1%, while the worst single day was Dec 31, 2018 at -7.9%.

Madison Moderate Allocation Fund has an annualized alpha of -0.28%, beta of 0.52, and R² of 0.80 versus S&P 500 Index. Calculated based on daily prices since July 05, 2006.

• This fund participated in 65.57% of S&P 500 Index downside but only 53.09% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.52 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

MMDAX has an expense ratio of 0.71%, placing it in the medium range.

MMDAX ranks 32 for risk / return — below 32% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Madison Moderate Allocation Fund (MMDAX) and compare them to a chosen benchmark (S&P 500 Index).

Madison Moderate Allocation Fund provided a 6.29% dividend yield over the last twelve months, with an annual payout of $0.69 per share. The fund has been increasing its distributions for 3 consecutive years.

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.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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 43.12%, occurring on Mar 9, 2009. Recovery took 977 trading sessions.

The current Madison Moderate Allocation Fund drawdown is 7.05%.

The chart below shows the rolling one-month volatility.