Madison Large Cap Fund Class Y

Frequently Asked Questions About MINVX

What does MINVX invest in?

Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in the securities of large-cap companies. It may also invest up to 35% of its assets in foreign securities (including American Depositary Receipts and emerging market securities). To the extent invested in common stocks, the fund generally invests in only 25-40 companies at any given time.

What is the expense ratio of MINVX?

Madison Large Cap Fund Class Y (MINVX) charges an expense ratio of 0.91%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MINVX?

Madison Large Cap Fund Class Y (MINVX) is one share class of a fund that manages $298.6M across all of its share classes (MNVAX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is MINVX actively managed or an index fund?

MINVX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MINVX's is 0.91%) in exchange for the discretion to over- or under-weight positions.

When was MINVX launched?

Madison Large Cap Fund Class Y (MINVX) launched in January 1980 and is managed by the fund issuer.

How has MINVX performed?

MINVX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.