MINAX Performance — Madison International Stock Fund, Class A
Data updated: 2025-03-25
MINAX returned −48.04% over one year to Jan 2025. Over one year the fund trailed its International Large Blend category average: $100 grew to $52, against $110 for the category. Volatility over the past 12 months was 10.33% a year. In the 12 months to Jan 2025 the fund lost a net $3.8M, and assets reached $9.56M.
MINAX Growth of $100
What $100 invested in Madison International Stock Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Large Blend category average over the same months.
| Period | MINAX | Category average |
|---|---|---|
| 1 year (Feb 2024 – Jan 2025) | $52 | $110 |
| 3 years (Feb 2022 – Jan 2025) | $12 | $111 |
| 5 years (Feb 2020 – Jan 2025) | $3 | $134 |
| Since data start (Aug 2019 – Jan 2025) | $2 | $142 |
MINAX Trailing Returns
Total returns to Jan 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −48.04% |
3- and 5-year figures withheld: not verified.
MINAX Annual Returns
Calendar-year total returns of Madison International Stock Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jan) | −2.16% |
| 2024 | −50.97% |
| 2023 | −43.25% |
| 2022 | −59.91% |
| 2021 | −51.73% |
| 2020 | −47.01% |
| 2019 (Aug–Dec) | −20.78% |
MINAX 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 | −2.2% | — | — | — | — | — | — | — | — | — | — | — |
| 2024 | −7.7% | −3.5% | −2.7% | −8.9% | −1.5% | −8.4% | −3.5% | −4.5% | −3.7% | −10.8% | −6.0% | −7.4% |
| 2023 | +4.4% | −9.7% | −2.5% | −4.6% | −9.9% | −1.6% | −2.0% | −10.7% | −10.0% | −10.4% | +3.2% | +0.3% |
| 2022 | −9.2% | −8.8% | −5.6% | −14.1% | −5.2% | −14.1% | −0.7% | −8.9% | −15.3% | −1.5% | +6.9% | −9.2% |
| 2021 | −7.9% | −5.6% | −5.8% | −4.6% | −2.7% | −6.5% | −7.1% | −4.0% | −9.5% | −3.9% | −10.5% | −2.3% |
| 2020 | −7.5% | −12.7% | −20.6% | −0.3% | −0.8% | −3.3% | −2.4% | −0.3% | −7.9% | −10.0% | +8.4% | −1.2% |
| 2019 | — | — | — | — | — | — | — | −7.8% | −3.4% | −3.7% | −5.2% | −2.5% |
MINAX Risk
Risk measures from monthly returns over Feb 2024 – Jan 2025.
- 1-year volatility (annualised): 10.33%
- Best month: −1.54% (May 2024)
- Worst month: −10.76% (Oct 2024)
MINAX Fund Flows
Monthly money in and out of Madison International Stock Fund, from SEC Form N-PORT.
- 12-month net flow: −$3.8M
- 12-month gross sales (incl. reinvestments): $306K
- Sales ÷ redemptions: 0.07×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2025 | $874 | $1.9M | −$1.9M |
| Dec 2024 | $46K | $771K | −$725K |
| Nov 2024 | $15K | $50K | −$36K |
| Oct 2024 | $13K | $85K | −$71K |
| Sep 2024 | $13K | $140K | −$127K |
| Aug 2024 | $71K | $157K | −$86K |
| Jul 2024 | $13K | $175K | −$161K |
| Jun 2024 | $15K | $104K | −$89K |
| May 2024 | $24K | $175K | −$151K |
| Apr 2024 | $38K | $106K | −$68K |
| Mar 2024 | $14K | $128K | −$114K |
| Feb 2024 | $44K | $355K | −$312K |
MINAX Assets Under Management
Net assets of Madison International Stock Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-01-31 | $9.56M |
| 2024-10-31 | $12.12M |
| 2024-07-31 | $12.67M |
| 2024-04-30 | $12.58M |
| 2024-01-31 | $12.80M |
| 2023-10-31 | $11.78M |
| 2023-07-31 | $14.16M |
| 2023-04-30 | $13.71M |
| 2023-01-31 | $13.85M |
| 2022-10-31 | $11.70M |
| 2022-07-31 | $13.12M |
| 2022-04-30 | $14.02M |
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.