GTFHX — Madison Tax-Free National Fund
Data updated: 2026-06-23
GTFHX — Madison Tax-Free National Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $18.36M AUM · 0.61% expense ratio · 5.0% 1-yr return. From SEC regulatory filings.
GTFHX Fund Overview
GTFHX — Madison Tax-Free National Fund is a US mutual fund managed by Madison Funds, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Madison Funds
- Category: Long Municipal - National Bond
- Assets under management: $18.36M
- 1-year return: 5.0%
- Ticker: GTFHX
- SEC CIK: 0001040612
- SEC series ID: S000040135
- Share class ID: C000124800
GTFHX Holdings
Top 10 holdings of Madison Tax-Free National Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| County of Mobile AL | 3.53% |
| City of Burlington WI | 3.24% |
| Cook County School District No 111 Burbank | 3.05% |
| Medical Center Educational Building Corp | 2.65% |
| Southampton County Industrial Development Authority | 2.62% |
| West Virginia Economic Development Authority | 2.50% |
| Eastern Kentucky University | 2.43% |
| City of Hialeah FL Utility System | 2.34% |
| Isle Wight County Industrial Development Authority | 2.29% |
| Wisconsin Health & Educational Facilities Authority | 2.18% |
GTFHX Portfolio Allocation
Asset-class allocation of Madison Tax-Free National Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.9% |
GTFHX Performance
Total returns for GTFHX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.6% |
| 1 year | 5.0% |
| 3 years (annualised) | 2.4% |
| 5 years (annualised) | 0.5% |
GTFHX Risk Information
Risk metrics for GTFHX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.8%
GTFHX Costs and Fees
GTFHX costs about $61 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.61%
- Gross expense ratio: 0.61%
- Portfolio turnover: 9%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
GTFHX Cashflows
Over the 12 months to 2026-04, Madison Tax-Free National Fund had net outflows of $1.11M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $36.84K |
| 2026-03 | −$550.49K |
| 2026-02 | $37.02K |
| 2026-01 | −$11.30K |
| 2025-12 | $59.74K |
| 2025-11 | −$9.54K |
GTFHX Debt Constituents
Largest debt holdings of Madison Tax-Free National Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| County of Mobile AL | 3.53% |
| City of Burlington WI | 3.24% |
| Cook County School District No 111 Burbank | 3.05% |
| Medical Center Educational Building Corp | 2.65% |
| Southampton County Industrial Development Authority | 2.62% |
| West Virginia Economic Development Authority | 2.50% |
| Eastern Kentucky University | 2.43% |
| City of Hialeah FL Utility System | 2.34% |
| Isle Wight County Industrial Development Authority | 2.29% |
| Wisconsin Health & Educational Facilities Authority | 2.18% |
GTFHX Prospectus and SEC Filings
Official Madison Tax-Free National Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond 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.