Madison Mid Cap Fund Class A (MERAX)
| Fund Assets | 2.00B |
| Expense Ratio | 1.36% |
| Min. Investment | $1,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 3.23% |
| Dividend Growth | -42.12% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 15.17 |
| YTD Return | 3.74% |
| 1-Year Return | 2.95% |
| 5-Year Return | 52.53% |
| 52-Week Low | 12.97 |
| 52-Week High | 15.69 |
| Beta (5Y) | n/a |
| Holdings | 36 |
| Inception Date | Apr 19, 2013 |
About MERAX
Madison Mid Cap Fund Class A is an actively managed mutual fund focused on achieving long-term capital appreciation by investing primarily in the equities of mid-sized U.S. companies. The fund targets firms with market capitalizations generally ranging from $500 million to $70 billion, emphasizing industry leaders with robust growth prospects and strong fundamentals. Its investment philosophy centers on bottom-up security selection and building a concentrated, high-quality portfolio designed to weather various market conditions while prioritizing risk management and downside protection. With a core allocation to common stocks and related equity securities, the fund maintains a diversified portfolio—typically holding about 30 to 35 positions—and deploys extensive fundamental analysis to identify attractively valued companies. Key sectors include financial services, technology, consumer cyclical, and industrials, as reflected in its largest holdings such as Arch Capital Group, Gartner, and Ross Stores. Established in 2000, the fund has built a reputation for its disciplined approach to mid-cap investing, offering investors exposure to a segment of the market known for its blend of growth potential and relative stability compared to smaller firms.
Performance
MERAX had a total return of 2.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.33%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GTSGX | Mid Cap Fund Class Y | 0.91% |
| MMCRX | Mid Cap Fund Class R6 | 0.73% |
| MDCIX | Mid Cap Fund Class I | 0.81% |
Top 10 Holdings
46.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Arch Capital Group Ltd. | ACGL | 7.87% |
| Ross Stores, Inc. | ROST | 6.93% |
| Amphenol Corporation | APH | 4.58% |
| PACCAR Inc | PCAR | 4.34% |
| Brown & Brown, Inc. | BRO | 4.10% |
| Medpace Holdings, Inc. | MEDP | 3.95% |
| Carlisle Companies Incorporated | CSL | 3.85% |
| MKS Inc. | MKSI | 3.78% |
| Gartner, Inc. | IT | 3.35% |
| Labcorp Holdings Inc. | LH | 3.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.49965 | Dec 29, 2025 |
| Dec 27, 2024 | $0.8632 | Dec 27, 2024 |
| Dec 26, 2023 | $0.17466 | Dec 26, 2023 |
| Dec 27, 2022 | $0.24567 | Dec 27, 2022 |
| Dec 28, 2021 | $0.64322 | Dec 28, 2021 |
| Dec 28, 2020 | $0.41959 | Dec 28, 2020 |