Madison Strategic Sector Prem Common

Under normal market conditions, the Fund will invest at least 80% of its total assets in common stocks, with at least 65% of the amount so invested being invested in common stocks of large capitalisation issuers that meet the Funds selection criteria. The Fund may invest the remainder of its common stock investments in companies that meet the Funds selection criteria but whose market capitalisation is considered to be middle sized or mid-cap. In current market conditions, the investment adviser initially intends to focus the Funds investments in the i) consumer discretionary and retail, ii) technology, iii) medical/health care and pharmaceutical and iv) financial institutions sectors. Substantially all of the common stocks in the Funds portfolio will be issued by U.S companies, although the Fund may invest up to 10% of its total assets in U.S dollar-denominated securities of foreign issuers. The Fund will also employ an option strategy of writing covered call options on a substantial portion of the common stocks in its portfolio. In addition, the Fund may to a lesser extent (not more than 20% of its total assets), pursue an option strategy that includes the writing of both put options and call options on certain common stocks in the Funds portfolio.

Key stats

Management firm  Madison Invest Advisors Inc
Domicile  United States
Fund Administrator  Madison Investment Advisors, Inc.
Global Branding Name  Madison Investment
12 month yield  3.49%
Fund currency  USD
Launch Date  2005-04-26
ISIN  US5582681087
SEDOL  B07W6X3
Manager 1 Name  Frank Burgess
Fund Strategy  Large Growth
Benchmark  S&P 500 TR USD
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  2.21%
Return - 2 Months  2.21 %
Return - 3 Months  2.93%
Return - 6 Months  5.98 %
Return - 9 months  8.47 %
Return - 12 Months  14.91%
Annualized return 24 months  13.22 %
Annualized return 36 months  12.20 %
Annualized return 48 months  11.34 %
Annualized return 60 months  9.27 %
Return 120 months  0.00 %
Annualized return since Inception  5.44%
Return YTD  7.36%

Ratings

Morning Star Rating Date   2014-08-31
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - 60 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - Overall  fund has a 2 star rating fund has a 2 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  0.80 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  550 Science Drive
Contact Address 3  Madison WI 53711
Contact city  Madison
Contact country  United States
Fund Admin Group  Madison Invest Advisors Inc
Custodian  U.S. Bank (N.A.) Minneapolis

Price

Last Price Date  2014-09-26
Pre-tax nav  12.41
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.03
Price change (percentage)  0.27 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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