- What does MNVAX 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 MNVAX?
- Madison Large Cap A (MNVAX) charges an expense ratio of 1.16%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MNVAX?
- Madison Large Cap A (MNVAX) manages $309.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is MNVAX actively managed or an index fund?
- MNVAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was MNVAX launched?
- Madison Large Cap A (MNVAX) launched in September 2013 and is managed by the fund issuer.
- How has MNVAX performed?
- MNVAX'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.
