MBLCX Performance — Madison Diversified Income Fund, Class C
Data updated: 2026-09-17
MBLCX returned −6.21% over one year to Jan 2025. Annualised returns are −10.88% over 3 years and −7.69% over 5 years. The fund trailed its Core Bond category average: $100 invested three years ago grew to $71, against $104 for the category, and to $94 over one year, against $106. Volatility over the past three years was 11.06% a year. In the 12 months to Jul 2026 the fund lost a net $28.0M, and assets reached $100.47M.
MBLCX 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 | MBLCX | Category average |
|---|---|---|
| 1 year (Feb 2024 – Jan 2025) | $94 | $106 |
| 3 years (Feb 2022 – Jan 2025) | $71 | $104 |
| 5 years (Feb 2020 – Jan 2025) | $67 | $112 |
| Since data start (Aug 2019 – Jan 2025) | $65 | $115 |
MBLCX Trailing Returns
Total returns to Jan 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −6.21% |
| 3 years (annualised) | −10.88% |
| 5 years (annualised) | −7.69% |
MBLCX 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 |
|---|---|
| 2025 (Jan–Jan) | +0.16% |
| 2024 | −7.60% |
| 2023 | −8.90% |
| 2022 | −18.82% |
| 2021 | +0.88% |
| 2020 | −5.03% |
| 2019 (Aug–Dec) | −0.56% |
MBLCX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.2% | — | — | — | — | — | — | — | — | — | — | — |
| 2024 | −1.3% | −0.7% | +0.7% | −3.8% | +0.7% | −0.8% | +1.5% | +0.6% | −0.1% | −2.1% | +1.3% | −3.6% |
| 2023 | +1.6% | −4.9% | −0.6% | −0.7% | −5.1% | +2.9% | +1.9% | −2.7% | −4.1% | −2.9% | +3.5% | +2.3% |
| 2022 | −3.3% | −2.7% | +1.2% | −5.9% | +0.6% | −6.5% | +1.8% | −3.7% | −8.0% | +5.8% | +4.5% | −3.3% |
| 2021 | −3.1% | +0.1% | +3.9% | +0.7% | +1.8% | −2.0% | +0.7% | +0.2% | −4.5% | +2.2% | −2.5% | +3.6% |
| 2020 | −2.2% | −6.4% | −8.6% | +5.4% | +1.9% | −0.8% | +2.5% | +1.6% | −2.3% | −2.6% | +6.4% | +1.0% |
| 2019 | — | — | — | — | — | — | — | −1.0% | −0.1% | −0.7% | +0.4% | +0.8% |
MBLCX Risk
Risk measures from monthly returns over Feb 2022 – Jan 2025.
- 3-year volatility (annualised): 11.06%
- 3-year Sharpe ratio: -1.39 (vs 4.5% risk-free rate)
- Best month: +5.75% (Oct 2022)
- Worst month: −8.03% (Sep 2022)
MBLCX 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 |
MBLCX 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.