About MNVAX
Madison Large Cap Fund Class A is an actively managed mutual fund that primarily seeks long-term capital appreciation by investing in large-cap, high-quality companies. Emphasizing a concentrated portfolio approach, the fund typically holds 25 to 40 stocks selected through rigorous fundamental, bottom-up analysis. Its strategy favors businesses with proven records of stable revenue and earnings growth, high profitability, and conservative debt levels.
The fund follows a large blend style, meaning it balances investments in both growth and value-oriented large-cap stocks. Its top holdings span diverse sectors, including technology, financial services, consumer cyclical, industrials, and healthcare, featuring companies such as Alphabet, Arch Capital Group, Fiserv, Amazon.com, and Berkshire Hathaway. The fund is designed to serve as an "all-weather" portfolio, focusing not only on potential for growth but also on risk management and downside protection.
Madison Large Cap Fund Class A is particularly notable for its disciplined investment philosophy, low portfolio turnover, and a preference for companies exhibiting durable growth characteristics at reasonable valuations. It benchmarks its performance against the S&P 500 Index and maintains the flexibility to invest up to 35% of assets in foreign securities, positioning it as a core equity holding option for investors seeking exposure to large-cap U.S. equities.
Fund Family Madison Funds
Category Large Blend
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol MNVAX
Share Class Large Cap Fund Class A
Index S&P 500 TR
MNVAX had a total return of 14.92% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.47%.
