• Corporate Bond Fund

Fund Objective

The fund seeks to obtain the highest total investment return possible within its quality and maturity boundaries.

Investment Strategies

Madison Corporate Bond Fund provides investors with regular, monthly income through investments in bonds issued by corporations. The fund will generally invest in corporate securities with an average maturity of 10 years or less. The result is a fund designed for investors who seek regular income from an actively managed bond fund that seeks the best risk/return profiles from a portfolio that emphasizes higher quality intermediate-term corporate issuance.

Key Highlights

(as of Friday October 11, 2019)
  Class Y
Daily Price 11.95
Ticker Symbol COINX
Inception Date 7/1/07
Expense Ratio 0.65


Links to other Madison Funds information:
Daily Price Summary
Performance Summary (PDF)
Prospectus and Financial Reports
Account Applications and Forms
Tax Information

Portfolio Management


Paul Lefurgey, CFA

Allen Olson, CFA

Portfolio Highlights

Top Ten Fund Holdings
(as of September 30, 2019)
VALERO ENERGY CORP
(6.625% 15 Jun 2037)
2.6%
HUNTINGTON NATIONAL BANK
(3.55% 06 Oct 2023)
1.7%
KEYCORP
(5.1% 24 Mar 2021)
1.7%
GOLDMAN SACHS GROUP INC
(3.5% 16 Nov 2026)
1.7%
CITIGROUP INC
(2.7% 27 Oct 2022)
1.7%
BERKSHIRE HATHAWAY FIN
(4.2% 15 Aug 2048)
1.6%
VERIZON COMMUNICATIONS
(4.4% 01 Nov 2034)
1.5%
AFFILIATED MANAGERS GROU
(4.25% 15 Feb 2024)
1.4%
PRUDENTIAL FINANCIAL INC
(3.5% 15 May 2024)
1.4%
CRH AMERICA INC
(3.875% 18 May 2025)
1.4%
% of Fund in Top Ten Securities16.8%
 
Net Assets (as of 9/30/19) $15.1 Million
Turnover (as of 10/31/18) 21%
 

Complete Holdings List

This schedule may not reflect certain portfolio transaction activity in a security if it is pending, but not completed, at the end of the period presented