Madison Dividend Income Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.4%
1 yr return
3.9%
3 Yr Avg Return
2.0%
5 Yr Avg Return
N/A
Net Assets
$195 M
Holdings in Top 10
36.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.81%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 31.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
$250,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MDMIX - Profile
Distributions
- YTD Total Return -1.4%
- 3 Yr Annualized Total Return 2.0%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.60%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameMadison Dividend Income Fund
-
Fund Family NameMADISONMUT
-
Inception DateFeb 28, 2022
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Brown
Fund Description
MDMIX - Performance
Return Ranking - Trailing
Period | MDMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.4% | -3.1% | 11.8% | 99.38% |
1 Yr | 3.9% | -7.5% | 35.0% | 97.87% |
3 Yr | 2.0%* | -5.2% | 29.5% | 95.15% |
5 Yr | N/A* | -1.1% | 43.0% | 8.30% |
10 Yr | N/A* | 1.0% | 24.4% | 18.81% |
* Annualized
Return Ranking - Calendar
Period | MDMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -4.2% | -24.9% | 46.1% | 95.50% |
2022 | -13.6% | -64.7% | 4.6% | 64.76% |
2021 | 9.7% | -44.2% | 57.5% | 76.45% |
2020 | N/A | -23.2% | 285.0% | N/A |
2019 | N/A | -21.4% | 48.5% | N/A |
Total Return Ranking - Trailing
Period | MDMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.4% | -3.1% | 11.8% | 99.38% |
1 Yr | 3.9% | -7.5% | 35.0% | 97.87% |
3 Yr | 2.0%* | -5.2% | 29.5% | 95.15% |
5 Yr | N/A* | -1.1% | 43.0% | 8.76% |
10 Yr | N/A* | 1.0% | 24.4% | 17.63% |
* Annualized
Total Return Ranking - Calendar
Period | MDMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.8% | -15.9% | 46.7% | 96.56% |
2022 | -5.3% | -42.0% | 8.5% | 48.93% |
2021 | 22.9% | 3.6% | 129.7% | 80.77% |
2020 | N/A | -22.6% | 304.8% | N/A |
2019 | N/A | -12.7% | 52.1% | N/A |
NAV & Total Return History
MDMIX - Holdings
Concentration Analysis
MDMIX | Category Low | Category High | MDMIX % Rank | |
---|---|---|---|---|
Net Assets | 195 M | 1.09 M | 163 B | 79.42% |
Number of Holdings | 40 | 2 | 1683 | 87.21% |
Net Assets in Top 10 | 64.5 M | 420 K | 33.9 B | 77.78% |
Weighting of Top 10 | 36.07% | 4.8% | 98.8% | 20.76% |
Top 10 Holdings
- Fastenal Co. 4.05%
- Medtronic PLC 4.03%
- Home Depot, Inc. 3.81%
- Comcast Corp. 3.66%
- Morgan Stanley 3.61%
- CME Group, Inc. 3.57%
- NextEra Energy, Inc. 3.49%
- Johnson Johnson 3.32%
- EOG Resources, Inc. 3.28%
- Automatic Data Processing, Inc. 3.26%
Asset Allocation
Weighting | Return Low | Return High | MDMIX % Rank | |
---|---|---|---|---|
Stocks | 98.49% | 1.86% | 108.42% | 50.79% |
Cash | 1.51% | 0.00% | 38.18% | 42.42% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 74.16% |
Other | 0.00% | -1.68% | 39.72% | 77.25% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 73.83% |
Bonds | 0.00% | -1.92% | 73.23% | 74.34% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MDMIX % Rank | |
---|---|---|---|---|
Healthcare | 19.57% | 0.00% | 30.08% | 23.36% |
Financial Services | 17.18% | 0.00% | 58.05% | 70.34% |
Industrials | 13.00% | 0.00% | 42.76% | 29.22% |
Consumer Defense | 9.99% | 0.00% | 34.10% | 29.75% |
Energy | 9.32% | 0.00% | 54.00% | 29.66% |
Consumer Cyclical | 7.89% | 0.00% | 22.74% | 23.18% |
Technology | 6.62% | 0.00% | 54.02% | 88.81% |
Communication Services | 6.59% | 0.00% | 26.58% | 35.79% |
Utilities | 3.80% | 0.00% | 27.04% | 60.39% |
Basic Materials | 3.58% | 0.00% | 21.69% | 46.09% |
Real Estate | 2.47% | 0.00% | 90.54% | 53.20% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MDMIX % Rank | |
---|---|---|---|---|
US | 98.49% | 1.86% | 108.42% | 40.56% |
Non US | 0.00% | 0.00% | 26.07% | 78.92% |
MDMIX - Expenses
Operational Fees
MDMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.81% | 0.03% | 14.82% | 60.97% |
Management Fee | 0.70% | 0.00% | 1.50% | 77.69% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.00% | 0.50% | 54.29% |
Sales Fees
MDMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
MDMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
MDMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.00% | 0.00% | 488.00% | 43.31% |
MDMIX - Distributions
Dividend Yield Analysis
MDMIX | Category Low | Category High | MDMIX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.03% | 0.00% | 36.25% | 18.66% |
Dividend Distribution Analysis
MDMIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
MDMIX | Category Low | Category High | MDMIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.60% | -1.51% | 4.28% | 35.19% |
Capital Gain Distribution Analysis
MDMIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.134 | OrdinaryDividend |
Dec 21, 2023 | $1.187 | OrdinaryDividend |
Sep 29, 2023 | $0.147 | OrdinaryDividend |
Jun 30, 2023 | $0.163 | OrdinaryDividend |
Mar 31, 2023 | $0.141 | OrdinaryDividend |
Dec 22, 2022 | $2.231 | OrdinaryDividend |
Sep 30, 2022 | $0.149 | OrdinaryDividend |
Jun 30, 2022 | $0.149 | OrdinaryDividend |
Mar 31, 2022 | $0.126 | OrdinaryDividend |
Sep 30, 2021 | $0.137 | OrdinaryDividend |
Jun 30, 2021 | $0.123 | OrdinaryDividend |
Mar 31, 2021 | $0.133 | OrdinaryDividend |
Dec 23, 2020 | $0.114 | OrdinaryDividend |
Sep 30, 2020 | $0.093 | OrdinaryDividend |
Jun 30, 2011 | $0.027 | DailyAccrualFund |
May 31, 2011 | $0.027 | DailyAccrualFund |
Apr 29, 2011 | $0.027 | DailyAccrualFund |
Mar 31, 2011 | $0.028 | DailyAccrualFund |
Feb 28, 2011 | $0.028 | DailyAccrualFund |
Jan 31, 2011 | $0.028 | DailyAccrualFund |
Dec 31, 2010 | $0.028 | DailyAccrualFund |
Nov 30, 2010 | $0.028 | DailyAccrualFund |
Oct 29, 2010 | $0.028 | DailyAccrualFund |
Sep 30, 2010 | $0.028 | DailyAccrualFund |
Aug 31, 2010 | $0.028 | DailyAccrualFund |
Jul 30, 2010 | $0.029 | DailyAccrualFund |
Jun 30, 2010 | $0.029 | DailyAccrualFund |
May 28, 2010 | $0.029 | DailyAccrualFund |
Apr 30, 2010 | $0.029 | DailyAccrualFund |
Mar 31, 2010 | $0.030 | DailyAccrualFund |
Feb 26, 2010 | $0.027 | DailyAccrualFund |
Jan 29, 2010 | $0.029 | DailyAccrualFund |
Dec 31, 2009 | $0.029 | DailyAccrualFund |
Nov 30, 2009 | $0.028 | DailyAccrualFund |
Oct 30, 2009 | $0.028 | DailyAccrualFund |
Sep 30, 2009 | $0.027 | DailyAccrualFund |
Aug 31, 2009 | $0.028 | DailyAccrualFund |
Jul 31, 2009 | $0.028 | DailyAccrualFund |
Jun 30, 2009 | $0.027 | DailyAccrualFund |
May 29, 2009 | $0.028 | DailyAccrualFund |
Apr 30, 2009 | $0.027 | DailyAccrualFund |
Mar 31, 2009 | $0.028 | DailyAccrualFund |
Feb 27, 2009 | $0.025 | DailyAccrualFund |
Jan 30, 2009 | $0.027 | DailyAccrualFund |
Dec 31, 2008 | $0.032 | DailyAccrualFund |
Nov 28, 2008 | $0.027 | DailyAccrualFund |
Oct 31, 2008 | $0.027 | DailyAccrualFund |
Sep 30, 2008 | $0.026 | DailyAccrualFund |
Aug 29, 2008 | $0.027 | DailyAccrualFund |
Jul 31, 2008 | $0.027 | DailyAccrualFund |
Jun 30, 2008 | $0.026 | DailyAccrualFund |
May 30, 2008 | $0.025 | DailyAccrualFund |
Apr 30, 2008 | $0.028 | DailyAccrualFund |
Mar 31, 2008 | $0.027 | DailyAccrualFund |
Feb 29, 2008 | $0.026 | DailyAccrualFund |
Jan 31, 2008 | $0.027 | DailyAccrualFund |
Dec 31, 2007 | $0.027 | DailyAccrualFund |
Nov 30, 2007 | $0.026 | DailyAccrualFund |
Oct 31, 2007 | $0.028 | DailyAccrualFund |
Sep 28, 2007 | $0.027 | DailyAccrualFund |
Aug 31, 2007 | $0.028 | DailyAccrualFund |
Jul 31, 2007 | $0.027 | DailyAccrualFund |
Jun 29, 2007 | $0.026 | DailyAccrualFund |
May 31, 2007 | $0.026 | DailyAccrualFund |
Apr 30, 2007 | $0.025 | DailyAccrualFund |
Mar 30, 2007 | $0.026 | DailyAccrualFund |
Feb 28, 2007 | $0.023 | DailyAccrualFund |
Jan 31, 2007 | $0.026 | DailyAccrualFund |
Dec 29, 2006 | $0.026 | DailyAccrualFund |
Nov 30, 2006 | $0.026 | DailyAccrualFund |
Oct 31, 2006 | $0.035 | DailyAccrualFund |
MDMIX - Fund Manager Analysis
Managers
John Brown
Start Date
Tenure
Tenure Rank
Mar 01, 2012
10.25
10.3%
John, CFA, serves as a portfolio manager on Madison's dividend income and value strategies. John has been working in the financial services industry since 1983 and joined Madison in 2009. He earned his B.S. in finance and computer science from Northern Illinois University and his MBA from the University of Wisconsin-Madison.
Andrew Justman
Start Date
Tenure
Tenure Rank
Apr 19, 2013
9.12
9.1%
Mr. Justman, Vice President and Portfolio Manager of Madison, has co-managed the equity portion of the Fund since May 2015. Andrew has been working in the financial services industry since 2001 and joined Madison in 2005. He earned his BBA in finance and economics and M.S. in finance from the University of Wisconsin-Madison, specializing in the Applied Security Analysis Program. Prior to joining Madison he worked at Merrill Lynch.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.06 | 16.42 |