C000052855 Performance — Madison Target Retirement 2040 Fund, Class I
Data updated: 2026-08-21
C000052855 returned +9.87% year to date and +16.76% over one year to Jun 2026. Annualised returns are +11.31% over 3 years and +5.25% over 5 years. The fund trailed its Target-Date category average: $100 invested three years ago grew to $138, against $150 for the category, and to $117 over one year, against $118. Volatility over the past three years was 7.99% a year. In the 12 months to Jun 2026 the fund lost a net $5.6M, and assets reached $42.07M.
C000052855 Growth of $100
What $100 invested in Madison Target Retirement 2040 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | C000052855 | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $117 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $138 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $129 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $165 | $187 |
C000052855 Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.87% |
| 1 year | +16.76% |
| 3 years (annualised) | +11.31% |
| 5 years (annualised) | +5.25% |
C000052855 Annual Returns
Calendar-year total returns of Madison Target Retirement 2040 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.87% |
| 2025 | +12.27% |
| 2024 | +7.77% |
| 2023 | +6.71% |
| 2022 | −11.35% |
| 2021 | +8.94% |
| 2020 | +12.52% |
| 2019 (Jul–Dec) | +7.00% |
C000052855 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.9% | +2.3% | −4.5% | +5.3% | +3.6% | +1.2% | — | — | — | — | — | — |
| 2025 | +2.0% | +0.5% | −2.1% | −0.1% | +2.5% | +2.8% | −0.2% | +2.5% | +1.8% | +0.8% | +0.5% | +0.8% |
| 2024 | +0.5% | +1.5% | +2.3% | −3.2% | +2.7% | +1.2% | +2.3% | +1.8% | +1.2% | −2.6% | +2.9% | −2.8% |
| 2023 | +4.0% | −3.9% | +2.3% | +1.0% | −1.6% | +1.2% | +1.4% | −1.2% | −2.6% | −2.1% | +5.1% | +3.3% |
| 2022 | −2.8% | +0.3% | +1.5% | −5.0% | +0.7% | −5.4% | +3.4% | −2.4% | −5.8% | +1.8% | +4.5% | −2.1% |
| 2021 | +0.3% | +0.2% | +0.6% | +2.7% | +1.9% | +0.4% | +1.1% | +0.6% | −3.0% | +2.8% | −1.1% | +2.4% |
| 2020 | 0.0% | −3.5% | −5.0% | +6.6% | +2.7% | +2.0% | +3.6% | +2.4% | −1.6% | −2.0% | +4.5% | +2.7% |
| 2019 | — | — | — | — | — | — | +0.4% | +1.1% | +0.4% | +1.6% | +1.4% | +1.9% |
C000052855 Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 7.99%
- 3-year Sharpe ratio: 0.85 (vs 4.5% risk-free rate)
- Best month: +5.32% (Apr 2026)
- Worst month: −4.49% (Mar 2026)
C000052855 Fund Flows
Monthly money in and out of Madison Target Retirement 2040 Fund, from SEC Form N-PORT.
- 12-month net flow: −$5.6M
- 12-month gross sales (incl. reinvestments): $7.3M
- Sales ÷ redemptions: 0.56×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $428K | $298K | $130K |
| May 2026 | $795K | $1.4M | −$633K |
| Apr 2026 | $468K | $1.1M | −$610K |
| Mar 2026 | $892K | $507K | $385K |
| Feb 2026 | $542K | $1.0M | −$459K |
| Jan 2026 | $515K | $1.7M | −$1.2M |
| Dec 2025 | $1.8M | $915K | $839K |
| Nov 2025 | $453K | $2.2M | −$1.8M |
| Oct 2025 | $300K | $430K | −$130K |
| Sep 2025 | $236K | $1.5M | −$1.3M |
| Aug 2025 | $312K | $917K | −$604K |
| Jul 2025 | $562K | $824K | −$262K |
C000052855 Assets Under Management
Net assets of Madison Target Retirement 2040 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $42.07M |
| 2026-03-31 | $39.26M |
| 2025-12-31 | $40.72M |
| 2025-09-30 | $41.89M |
| 2025-06-30 | $42.35M |
| 2025-03-31 | $39.14M |
| 2024-12-31 | $41.15M |
| 2024-09-30 | $41.15M |
| 2024-06-30 | $39.50M |
| 2024-03-31 | $40.35M |
| 2023-12-31 | $37.88M |
| 2023-09-30 | $36.14M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.