MAGBX: Madison Aggressive Allocation B

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MAGBX Madison Aggressive Allocation B


Profile

MAGBX - Profile

Vitals

  • YTD Return 1.5%
  • 3 Yr Annualized Return 1.0%
  • 5 Yr Annualized Return -0.6%
  • Net Assets $63.8 M
  • Holdings in Top 10 73.8%

52 WEEK LOW AND HIGH

$11.59
$10.79
$11.98

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.45%

SALES FEES

  • Front Load N/A
  • Deferred Load 4.50%

BROKERAGE FEES

  • Turnover 79.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Feb 01, 2017
  • Standard (Taxable) $1,000
  • IRA $500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--70% to 85% Equity

Distributions

  • YTD Total Return 1.5%
  • 3 Yr Annualized Total Return 6.2%
  • 5 Yr Annualized Total Return 5.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.50%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Madison Aggressive Allocation Fund
  • Fund Family Name
    Madison Funds
  • Inception Date
    Jun 30, 2006
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Patrick Ryan

Fund Description

The fund invests primarily in shares of other registered investment companies (the "underlying funds"). Under normal circumstances, the fund's total net assets will be allocated among various asset classes and underlying funds, including those whose shares trade on a stock exchange, with target allocations over time of approximately 80% equity investments and 20% fixed income investments.


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Categories

MAGBX - Mutual Fund Categories


Performance

MAGBX - Performance

Return Ranking - Trailing

Period MAGBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% 0.2% 4.0% 88.86%
1 Yr 7.2% 0.4% 22.6% 62.50%
3 Yr 1.0%* -4.1% 10.6% 72.75%
5 Yr -0.6%* -4.4% 7.4% 81.46%
10 Yr N/A* -0.6% 8.2% 22.02%

* Annualized

Return Ranking - Calendar

Period MAGBX Return Category Return Low Category Return High Rank in Category (%)
2019 13.0% 5.4% 23.0% 59.83%
2018 -16.0% -23.0% -4.4% 80.85%
2017 11.4% -0.6% 18.6% 46.93%
2016 3.6% -7.8% 13.9% 34.60%
2015 -10.7% -19.4% 0.0% 86.38%

Total Return Ranking - Trailing

Period MAGBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% 0.2% 4.0% 88.86%
1 Yr 7.2% 0.4% 22.6% 62.50%
3 Yr 6.2%* -2.3% 10.7% 34.43%
5 Yr 5.0%* -3.3% 11.2% 33.77%
10 Yr N/A* 0.9% 9.8% 28.44%

* Annualized

Total Return Ranking - Calendar

Period MAGBX Return Category Return Low Category Return High Rank in Category (%)
2019 13.0% 5.4% 23.0% 59.83%
2018 -7.3% -23.0% -2.8% 35.49%
2017 17.2% -0.6% 22.8% 34.36%
2016 7.1% -7.8% 19.9% 26.03%
2015 -2.2% -14.9% 7.6% 45.18%

NAV & Total Return History


Holdings

MAGBX - Holdings

Concentration Analysis

MAGBX Category Low Category High MAGBX % Rank
Net Assets 63.8 M 3.98 M 23 B 93.53%
Number of Holdings 20 4 537 56.06%
Net Assets in Top 10 47.8 M 3.72 M 23 B 92.45%
Weighting of Top 10 73.79% 23.4% 100.0% 69.54%

Top 10 Holdings

  1. Madison Dividend Income Y 15.96%
  2. Madison Investors Y 15.95%
  3. Madison Core Bond Y 6.61%
  4. Madison Mid Cap Y 6.17%
  5. Vanguard Short-Term Corporate Bond ETF 5.56%
  6. Vanguard Health Care ETF 5.05%
  7. iShares MSCI EAFE Small-Cap ETF 5.00%
  8. Vanguard FTSE All-Wld ex-US ETF 4.81%
  9. Vanguard Short-Term Treasury ETF 4.44%
  10. iShares Edge MSCI Min Vol EAFE ETF 4.24%

Asset Allocation

Weighting Return Low Return High MAGBX % Rank
Stocks
67.04% 20.25% 91.09% 44.74%
Bonds
20.57% 5.59% 76.83% 65.50%
Cash
12.15% -21.49% 12.15% 0.54%
Convertible Bonds
0.21% 0.00% 3.23% 63.61%
Other
0.03% -2.28% 6.12% 70.35%
Preferred Stocks
0.00% 0.00% 5.19% 97.04%

Stock Sector Breakdown

Weighting Return Low Return High MAGBX % Rank
Financial Services
18.76% 0.00% 34.17% 12.40%
Healthcare
17.06% 0.00% 17.28% 1.35%
Technology
14.32% 0.00% 19.96% 79.78%
Industrials
13.12% 6.03% 16.17% 21.56%
Consumer Cyclical
10.55% 0.83% 18.51% 38.81%
Communication Services
7.16% 0.86% 10.41% 69.00%
Consumer Defense
6.17% 0.00% 11.89% 93.26%
Basic Materials
4.86% 0.00% 15.07% 14.29%
Energy
2.98% 0.58% 19.74% 89.22%
Real Estate
2.69% 1.57% 46.41% 84.10%
Utilities
2.34% 0.00% 21.97% 87.06%

Stock Geographic Breakdown

Weighting Return Low Return High MAGBX % Rank
US
43.98% 12.13% 67.66% 46.36%
Non US
23.06% 8.04% 36.33% 35.58%

Bond Sector Breakdown

Weighting Return Low Return High MAGBX % Rank
Cash & Equivalents
36.90% -0.90% 41.38% 4.31%
Government
32.79% 0.00% 55.69% 46.90%
Corporate
21.87% 8.95% 97.52% 79.51%
Securitized
8.10% 0.00% 48.11% 91.91%
Municipal
0.33% 0.00% 18.59% 57.41%
Derivative
0.00% 0.00% 25.47% 94.34%

Bond Geographic Breakdown

Weighting Return Low Return High MAGBX % Rank
US
19.50% 5.38% 61.06% 60.65%
Non US
1.07% -5.48% 26.22% 82.48%

Expenses

MAGBX - Expenses

Operational Fees

MAGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.45% 0.01% 4.78% 6.85%
Management Fee 0.20% 0.00% 1.25% 75.20%
12b-1 Fee 1.00% 0.00% 1.00% 94.56%
Administrative Fee N/A 0.01% 0.28% N/A

Sales Fees

MAGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load 4.50% 1.00% 5.00% 6.35%

Trading Fees

MAGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MAGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 79.00% 1.00% 312.63% 89.22%

Distributions

MAGBX - Distributions

Dividend Yield Analysis

MAGBX Category Low Category High MAGBX % Rank
Dividend Yield 0.00% 0.00% 0.94% 84.91%

Dividend Distribution Analysis

MAGBX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

MAGBX Category Low Category High MAGBX % Rank
Net Income Ratio 4.50% -0.16% 6.49% 1.89%

Capital Gain Distribution Analysis

MAGBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MAGBX - Fund Manager Analysis

Managers

Patrick Ryan


Start Date

Tenure

Tenure Rank

Jan 01, 2008

12.09

12.1%

Mr. Ryan, Vice President and Portfolio Manager of Madison. Prior to joining Madison in July 2009, Mr. Ryan was a Senior Analyst at MEMBERS Capital Advisors, Inc. (“MCA”), the former investment adviser to the Portfolios. While at MCA, Mr. Ryan had been responsible for conducting manager research and due diligence for MCA’s managed accounts products since 2004.

David Hottmann


Start Date

Tenure

Tenure Rank

Sep 30, 2009

10.34

10.3%

Mr. Hottmann, Vice President and Portfolio Manager of Madison Asset Management, LLC. Mr. Hottman joined Madison in September 2009 as a senior member of the firm’s asset allocation management team. Prior to joining the firm, Mr. Hottmann had been the Chief Investment Officer at ACS Johnson Investment Advisors, his employer since 1999.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 25.35 5.18 0.08