Madison Covered Call & Equity Income Fund R6 (MENRX)
9.49
+0.03
(+0.32%)
USD |
Dec 30 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.91% | 185.88M | 2.32% | 144.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -52.85M | 7.78% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide consistent total return, and secondarily, to provide a high level of income and gains from option premiums. The Fund will invest at least 80% of its assets in common stocks, with at least 65% of this amount invested in common stocks of large-cap issuers that meet the Funds selection criteria. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | Multi Cap Value |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Relative Value |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Madison Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
83
-871.20M
Peer Group Low
766.48M
Peer Group High
1 Year
% Rank:
93
-52.85M
-1.050B
Peer Group Low
8.088B
Peer Group High
3 Months
% Rank:
82
-1.506B
Peer Group Low
2.071B
Peer Group High
3 Years
% Rank:
64
-1.890B
Peer Group Low
22.82B
Peer Group High
6 Months
% Rank:
87
-1.337B
Peer Group Low
4.345B
Peer Group High
5 Years
% Rank:
48
-2.306B
Peer Group Low
31.47B
Peer Group High
YTD
% Rank:
93
-1.087B
Peer Group Low
7.021B
Peer Group High
10 Years
% Rank:
76
-5.314B
Peer Group Low
31.72B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 31, 2025.
*Indicates data for the year is incomplete.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 9.69% |
| Stock | 76.87% |
| Bond | 14.15% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.70% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| State Street US Government Money Market Fund Prem | 23.83% | 1.00 | 0.00% |
| The AES Corp. | 4.29% | 14.33 | -1.17% |
| Danaher Corp. | 4.21% | 228.91 | -0.76% |
| PepsiCo, Inc. | 3.92% | 143.50 | -0.46% |
| Transocean Ltd. | 3.80% | 4.145 | 0.36% |
| Agilent Technologies, Inc. | 3.35% | 136.14 | -1.08% |
| CME Group, Inc. | 3.30% | 273.09 | -0.99% |
| CVS Health Corp. | 3.18% | 79.36 | -0.62% |
| ConocoPhillips | 3.11% | 93.60 | -0.53% |
| Archer-Daniels-Midland Co. | 2.96% | 57.50 | -1.14% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.85% |
| Administration Fee | 227.0% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500000.0 None |
| Minimum Subsequent Investment | 50000.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide consistent total return, and secondarily, to provide a high level of income and gains from option premiums. The Fund will invest at least 80% of its assets in common stocks, with at least 65% of this amount invested in common stocks of large-cap issuers that meet the Funds selection criteria. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | Multi Cap Value |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Relative Value |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Madison Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-29-25) | 8.29% |
| 30-Day SEC Yield (6-30-25) | 1.04% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 60 |
| Stock | |
| Weighted Average PE Ratio | 25.59 |
| Weighted Average Price to Sales Ratio | 3.645 |
| Weighted Average Price to Book Ratio | 5.093 |
| Weighted Median ROE | 18.65% |
| Weighted Median ROA | 6.45% |
| ROI (TTM) | 9.26% |
| Return on Investment (TTM) | 9.26% |
| Earning Yield | 0.0553 |
| LT Debt / Shareholders Equity | 0.8824 |
| Number of Equity Holdings | 32 |
| Bond | |
| Yield to Maturity (11-30-25) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | 0.00 |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 0 |
As of November 30, 2025
Growth Metrics
| EPS Growth (1Y) | 6.26% |
| EPS Growth (3Y) | 9.36% |
| EPS Growth (5Y) | 15.32% |
| Sales Growth (1Y) | 2.93% |
| Sales Growth (3Y) | 5.43% |
| Sales Growth (5Y) | 7.72% |
| Sales per Share Growth (1Y) | 3.24% |
| Sales per Share Growth (3Y) | 6.29% |
| Operating Cash Flow - Growth Rate (3Y) | 1.33% |
As of November 30, 2025
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MENRX", "name") |
| Broad Asset Class: =YCI("M:MENRX", "broad_asset_class") |
| Broad Category: =YCI("M:MENRX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MENRX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |