About BHBFX
Madison Dividend Income Fund Class Y is a mutual fund specializing in large-cap, dividend-paying equities. Its core focus is providing current income through investments in companies with market capitalizations exceeding $1 billion and a demonstrated record of maintaining and growing dividend payouts. The fund employs a relative yield and high-quality approach, targeting firms that generally offer dividend yields surpassing that of the S&P 500, while also maintaining strong balance sheets. Portfolio construction emphasizes mitigating risk and positioning for above-market dividend yields, often concentrating assets in sectors such as technology, financial services, utilities, industrials, and healthcare. Notable holdings include companies like Automatic Data Processing, CME Group, NextEra Energy, and Johnson & Johnson. The fund is managed with a disciplined, research-driven process by an experienced team, and typically maintains a low portfolio turnover. Its role in the financial market is to offer investors exposure to stable, income-generating equities with the potential for capital appreciation, making it a suitable vehicle for those seeking steady dividend income from established U.S. corporations.
Fund Family Madison Funds
Category Large Value
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol BHBFX
Share Class Dividend Income Fund Class Y
Index S&P 500 TR
BHBFX had a total return of 10.30% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.72%.
