Madison Target Retirement 2040 Fund

Data updated: 2026-05-22

C000052855 — Madison Target Retirement 2040 Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Target Date / Glide Path Allocation · $39.26M AUM · 0.49% expense ratio · 11.3% 1-yr return. From SEC regulatory filings.

C000052855 Fund Overview

Madison Target Retirement 2040 Fund is a US mutual fund managed by Ultra Series Fund, categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

  • Type: US mutual fund
  • Manager: Ultra Series Fund
  • Category: Target Date / Glide Path Allocation
  • Assets under management: $39.26M
  • 1-year return: 11.3%
  • SEC CIK: 0000732697
  • SEC series ID: S000019112
  • Share class ID: C000052855

C000052855 Holdings

Top 10 holdings of Madison Target Retirement 2040 Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

Holding% of net assets
Invesco Exchange-Traded Fund Trust - Invesco S&P 500 Quality Etf14.32%
Janus Henderson Mortgage-Backed Securities ETF10.43%
iShares 7-10 Year Treasury Bond ETF8.02%
Schwab Intermediate-Term U.S. Treasury ETF7.88%
Vanguard Information Technology ETF7.32%
JPMorgan International Research Enhanced Equity ETF7.23%
Vanguard FTSE All-World ex-US ETF6.15%
Distillate US Fundamental Stability & Value ETF6.05%
iShares Aaa - A Rated Corporate Bond ETF5.26%
iShares 5-10 Year Investment Grade Corporate Bond ETF5.04%

View all C000052855 holdings

C000052855 Portfolio Allocation

Asset-class allocation of Madison Target Retirement 2040 Fund by percentage of net assets, from the latest SEC N-PORT filing.

Asset classAllocation
Equity97.9%
Cash & Equivalents2.1%

C000052855 Performance

Total returns for C000052855 (as of 2026-08-01), from SEC filings.

PeriodTotal return
YTD-0.5%
1 year11.3%
3 years (annualised)7.9%
5 years (annualised)4.2%

C000052855 Risk Information

Risk metrics for C000052855, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 6.9%

C000052855 Costs and Fees

C000052855 costs about $49 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.49%
  • Gross expense ratio: 0.49%
  • Portfolio turnover: 35%
  • Brokerage commissions: 4.92 bps of average net assets (SEC N-CEN)

C000052855 Cashflows

Over the 12 months to 2026-03, Madison Target Retirement 2040 Fund had net outflows of $3.24M, from monthly SEC N-PORT filings.

MonthNet flow
2026-03$384.65K
2026-02−$459.31K
2026-01−$1.21M
2025-12$839.40K
2025-11−$1.77M
2025-10−$129.78K

C000052855 Debt Constituents

No individual debt constituents are reported in Madison Target Retirement 2040 Fund's latest SEC N-PORT filing.

C000052855 Prospectus and SEC Filings

Official Madison Target Retirement 2040 Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.