# Madison Large Cap Fund Class Y (MINVX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/minvx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 1980-01-02 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. ## Key Facts | Metric | Value | |---|---| | Price | $30.98 | | Expense Ratio | 0.91% | | AUM (All Share Classes) | $298.6M | | NAV | $30.98 (2026-10-29 close) | | Holdings Count | — | | Distribution Yield (TTM) | 6.60% | | Annual Distribution (TTM) | $2.04 /share | | Distribution Frequency | Annual | | 52-Week Range | $26.55 – $31.18 | | Beta | 0.90 | ## Latest Distribution - Amount: $2.0443 /share - Ex-date: 2025-12-29 - Pay date: 2025-12-29 ## Frequently Asked Questions ### 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. ### Does MINVX pay a dividend? Madison Large Cap Fund Class Y (MINVX) currently distributes little or no income. Trailing-twelve-month yield is 6.60%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MINVX pay dividends? Madison Large Cap Fund Class Y pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MINVX's dividend yield? MINVX's trailing-twelve-month yield is 6.60%, calculated from the sum of dividends over the past year divided by the current price. ### When is MINVX's next ex-dividend date? The most recently announced ex-dividend date for MINVX was 2025-12-29. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will MINVX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.91% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MINVX charge its expense ratio? The expense ratio is deducted in tiny daily slices from MINVX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MINVX cost more than a fund like VOO? MINVX is actively managed (current expense ratio 0.91%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether MINVX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MINVX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MINVX (0.91%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/minvx - Distribution history: https://www.dividenddata.com/funds/minvx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/minvx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/minvx/expenses - Peer comparison: https://www.dividenddata.com/funds/minvx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.