MHNBX Performance — Madison High Income Fund, High Income Fund Class B
Data updated: 2020-09-22
MHNBX returned −42.18% over one year to Jul 2020. Over one year the fund trailed its Money Market category average: $100 grew to $58, against $101 for the category. Volatility over the past 12 months was 11.96% a year. In the 12 months to Jul 2020 the fund lost a net $1.4M, and assets reached $16.80M.
MHNBX Growth of $100
What $100 invested in Madison High Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | MHNBX | Category average |
|---|---|---|
| 1 year (Aug 2019 – Jul 2020) | $58 | $101 |
MHNBX Trailing Returns
Total returns to Jul 2020, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −42.18% |
MHNBX Annual Returns
Calendar-year total returns of Madison High Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2020 (Jan–Jul) | −27.85% |
| 2019 (Aug–Dec) | −19.85% |
MHNBX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | −4.5% | −6.1% | −13.9% | −2.3% | −0.1% | −3.1% | −1.1% | — | — | — | — | — |
| 2019 | — | — | — | — | — | — | — | −5.0% | −3.7% | −4.7% | −4.9% | −3.5% |
MHNBX Risk
Risk measures from monthly returns over Aug 2019 – Jul 2020.
- 1-year volatility (annualised): 11.96%
- Best month: −0.07% (May 2020)
- Worst month: −13.93% (Mar 2020)
MHNBX Fund Flows
Monthly money in and out of Madison High Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.4M
- 12-month gross sales (incl. reinvestments): $1.8M
- Sales ÷ redemptions: 0.55×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2020 | $86K | $195K | −$108K |
| Jun 2020 | $433K | $777K | −$343K |
| May 2020 | $72K | $129K | −$57K |
| Apr 2020 | $101K | $91K | $10K |
| Mar 2020 | $173K | $523K | −$351K |
| Feb 2020 | $79K | $154K | −$75K |
| Jan 2020 | $125K | $281K | −$156K |
| Dec 2019 | $147K | $219K | −$71K |
| Nov 2019 | $157K | $176K | −$19K |
| Oct 2019 | $180K | $284K | −$104K |
| Sep 2019 | $88K | $229K | −$142K |
| Aug 2019 | $128K | $133K | −$6K |
MHNBX Assets Under Management
Net assets of Madison High Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2020-07-31 | $16.80M |
| 2020-04-30 | $15.99M |
| 2020-01-31 | $18.29M |
| 2019-10-31 | $18.63M |
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.