Morningstar

Madison Diversified Income A MBLAX

Morningstar Medalist Rating
Medalist Rating as of | See Madison Investment Investment Hub
  • NAV / 1-Day Return 13.21  /  +0.30 %
  • Total Assets 140.9 Mil
  • Adj. Expense Ratio
    1.110%
  • Expense Ratio 1.110%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 5.09%
  • Turnover 118%

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:16 PM GMT+0

Morningstar’s Analysis MBLAX

Will MBLAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MBLAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MBLAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MBLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Madison Diversified Income A's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings MBLAX

More MBLAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 97.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Madison Covered Call ETF

24.31 34.3 Mil
—

Madison Short-Term Strategic Income ETF

19.92 28.1 Mil
—

Madison Aggregate Bond ETF

16.93 23.9 Mil
—

Madison Dividend Value ETF

16.87 23.8 Mil
—

Janus Henderson Mortgage-Backed Sec ETF

9.00 12.7 Mil
—

Vanguard Dividend Appreciation ETF

4.45 6.3 Mil
—

iShares Aaa - A Rated Corporate Bond ETF

3.31 4.7 Mil
—

Global X MLP ETF

2.71 3.8 Mil
—

Ssc Government Gvmxx El Ssc Gov K161gvmxx Early

2.51 3.5 Mil
Cash and Equivalents

Government National Mortgage Association 6.5%

0.00 2,810
Securitized

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