Madison Mid Cap Fund Class A (MERAX)

Overview

The company specializes in investments primarily focused on midsize companies, which are defined as those having market capitalizations ranging from $500 million to $50 billion. By targeting this specific segment, the company aims to capitalize on the unique growth potential and investment opportunities presented by mid-cap firms. To ensure a strong positioning in the market, at least 80% of the fund's net assets, which may include borrowings for investment purposes, are always allocated to mid-sized company securities. This strategic allocation is pursued under normal market conditions, reflecting the company's commitment to its investment focus.

Products and Services

• Investment in Common Stocks

The foundation of the company's investment strategy lies in acquiring stakes in common stocks. Common stocks represent shares of ownership in mid-size companies, providing both potential for capital appreciation and, in some cases, dividends. By investing in these equities, the company seeks to benefit from the growth potential of mid-cap firms.

• Securities Convertible into Common Stocks

Another key product involves investing in securities that can be converted into common stocks, such as convertible bonds or preferred shares. These financial instruments offer the potential for interest or dividend income, along with the option to convert into shares of stock, typically at a predetermined price. This flexibility allows the company to participate in the equity upside of mid-cap companies while potentially mitigating downside risk.

• Related Equity Securities

In addition to common stocks and convertible securities, the fund also invests in a variety of related equity securities. These can include options, warrants, and other derivatives that are tied to the performance of mid-cap companies. This diversification enables the company to explore alternative investment strategies that can enhance returns and manage risk in a dynamic market environment.