MBLAX Performance — Madison Diversified Income Fund, Class A
Data updated: 2026-09-17
MBLAX returned −30.91% year to date and −47.16% over one year to Jul 2026. Over one year the fund trailed its Core Bond category average: $100 grew to $53, against $106 for the category. Volatility over the past 12 months was 4.91% a year. In the 12 months to Jul 2026 the fund lost a net $28.0M, and assets reached $100.47M.
MBLAX Growth of $100
What $100 invested in Madison Diversified Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Core Bond category average over the same months.
| Period | MBLAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $53 | $106 |
| 3 years (Aug 2023 – Jul 2026) | $14 | $118 |
| 5 years (Aug 2021 – Jul 2026) | $3 | $111 |
| Since data start (Aug 2019 – Jul 2026) | $1 | $125 |
MBLAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −30.91% |
| 1 year | −47.16% |
3- and 5-year figures withheld: returns differ from sibling classes.
MBLAX Annual Returns
Calendar-year total returns of Madison Diversified Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −30.91% |
| 2025 | −47.54% |
| 2024 | −48.58% |
| 2023 | −49.22% |
| 2022 | −54.76% |
| 2021 | −43.78% |
| 2020 | −47.13% |
| 2019 (Aug–Dec) | −22.06% |
MBLAX 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 | −3.4% | −3.9% | −8.1% | −3.9% | −6.0% | −6.6% | −4.0% | — | — | — | — | — |
| 2025 | −4.6% | −4.9% | −6.7% | −6.8% | −4.2% | −3.9% | −5.5% | −4.0% | −5.7% | −6.3% | −4.7% | −5.5% |
| 2024 | −6.1% | −5.4% | −4.0% | −8.3% | −4.2% | −5.6% | −3.3% | −4.3% | −4.8% | −6.8% | −3.5% | −8.3% |
| 2023 | −3.2% | −9.4% | −5.3% | −5.3% | −9.7% | −1.9% | −2.9% | −7.3% | −8.6% | −7.5% | −1.5% | −2.7% |
| 2022 | −7.9% | −7.3% | −3.7% | −10.2% | −4.2% | −11.0% | −3.1% | −8.3% | −12.4% | +0.7% | −0.5% | −8.0% |
| 2021 | −7.6% | −4.7% | −1.1% | −4.0% | −3.0% | −6.6% | −4.1% | −4.5% | −9.0% | −2.7% | −7.1% | −1.4% |
| 2020 | −6.8% | −10.9% | −12.9% | +0.4% | −3.0% | −5.5% | −2.5% | −3.3% | −6.9% | −7.3% | +1.3% | −3.8% |
| 2019 | — | — | — | — | — | — | — | −5.7% | −4.8% | −5.4% | −4.4% | −4.0% |
MBLAX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 4.91%
- Best month: −3.42% (Jan 2026)
- Worst month: −8.06% (Mar 2026)
MBLAX Fund Flows
Monthly money in and out of Madison Diversified Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$28.0M
- 12-month gross sales (incl. reinvestments): $6.8M
- Sales ÷ redemptions: 0.20×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $644K | $1.9M | −$1.3M |
| Jun 2026 | $334K | $1.9M | −$1.6M |
| May 2026 | $405K | $2.5M | −$2.1M |
| Apr 2026 | $765K | $1.9M | −$1.2M |
| Mar 2026 | $538K | $3.4M | −$2.8M |
| Feb 2026 | $282K | $3.6M | −$3.4M |
| Jan 2026 | $294K | $2.1M | −$1.8M |
| Dec 2025 | $1.5M | $3.6M | −$2.2M |
| Nov 2025 | $337K | $2.4M | −$2.1M |
| Oct 2025 | $805K | $2.0M | −$1.2M |
| Sep 2025 | $614K | $7.4M | −$6.8M |
| Aug 2025 | $371K | $2.0M | −$1.7M |
MBLAX Assets Under Management
Net assets of Madison Diversified Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $100.47M |
| 2026-04-30 | $105.97M |
| 2026-01-31 | $112.68M |
| 2025-10-31 | $115.93M |
| 2025-07-31 | $125.13M |
| 2025-04-30 | $126.81M |
| 2025-01-31 | $133.65M |
| 2024-10-31 | $137.39M |
| 2024-07-31 | $139.88M |
| 2024-04-30 | $138.36M |
| 2024-01-31 | $143.98M |
| 2023-10-31 | $140.14M |
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.