MMDAX — Madison Moderate Allocation Fund
Data updated: 2026-06-23
MMDAX — Madison Moderate Allocation Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Multi-Cap / All-Cap Blend / Core Equity · $86.16M AUM · 1.00% expense ratio · -42.6% 1-yr return. From SEC regulatory filings.
MMDAX Fund Overview
MMDAX — Madison Moderate Allocation Fund is a US mutual fund managed by Madison Funds, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. 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: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $86.16M
- 1-year return: -42.6%
- Ticker: MMDAX
- SEC CIK: 0001040612
- SEC series ID: S000020661
- Share class ID: C000057673
MMDAX Holdings
Top 10 holdings of Madison Moderate Allocation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Madison Core Bond Fund | 28.86% |
| Invesco Exchange-Traded Fund Trust - Invesco S&P 500 Quality Etf | 12.17% |
| State Street Global Advisors | 8.10% |
| Vanguard FTSE All-World ex-US ETF | 7.23% |
| Madison Large Cap Fund | 6.35% |
| iShares MSCI Emerging Markets Asia ETF | 6.25% |
| Distillate US Fundamental Stability & Value ETF | 6.14% |
| iShares Core S&P U.S. Growth ETF | 5.37% |
| Vanguard Information Technology ETF | 4.73% |
| State Street SPDR S&P Bank ETF | 4.02% |
MMDAX Portfolio Allocation
Asset-class allocation of Madison Moderate Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.8% |
| Cash & Equivalents | 11.3% |
MMDAX Performance
Total returns for MMDAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -17.2% |
| 1 year | -42.6% |
| 3 years (annualised) | -46.2% |
| 5 years (annualised) | -48.9% |
MMDAX Risk Information
Risk metrics for MMDAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.3%
MMDAX Costs and Fees
MMDAX costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.00%
- Portfolio turnover: 38%
- Brokerage commissions: 4.76 bps of average net assets (SEC N-CEN)
MMDAX Cashflows
Over the 12 months to 2026-04, Madison Moderate Allocation Fund had net outflows of $9.32M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$1.25M |
| 2026-03 | −$1.24M |
| 2026-02 | −$1.76M |
| 2026-01 | −$1.30M |
| 2025-12 | $3.74M |
| 2025-11 | −$531.57K |
MMDAX Debt Constituents
No individual debt constituents are reported in Madison Moderate Allocation Fund's latest SEC N-PORT filing.
MMDAX Prospectus and SEC Filings
Official Madison Moderate Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity 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.