Madison Mid Cap Fund Class Y (GTSGX)

Overview

The fund is a specialized investment vehicle focusing on midsize companies that exhibit promising growth and financial characteristics within the marketplace. By targeting companies with market capitalizations ranging from $500 million to $50 billion, the fund seeks to capitalize on the unique opportunities presented by these mid-cap entities. The emphasis on companies of such size enables the fund to potentially benefit from the growth dynamics and valuation adjustments not always accessible in larger, more established corporations or smaller, more volatile firms. The fund's strategy encompasses a broad spectrum of sectors and industries, aiming to diversify risk while pursuing substantial capital appreciation over the long term.

Products and Services

The fund's investment portfolio is structured around two primary types of financial instruments, characterized as follows:

• Common Stocks - These constitute shares of ownership in public companies falling within the midsize range as per the fund's definition. Investing in common stocks allows the fund to participate directly in the successes and growths of these mid-cap entities, potentially leading to significant capital gains.
• Securities Convertible into Common Stocks and Related Equity Securities - This category includes a range of investment vehicles that can be converted into or otherwise represent a stake in common stock. These may comprise convertible bonds, preferred shares, and other equity derivatives that offer both the potential for capital appreciation and the opportunity to diversify investment strategies within the mid-cap segment.

The fund is committed to maintaining at least 80% of its net assets, including any borrowings for investment purposes, in these mid cap securities under normal market conditions. This strategic allocation underscores the fund's dedication to its core investment thesis, focusing on the distinctive growth and value proposition offered by midsize companies.