MHNYX : Madison High Income Fund Class Y

MHNYX is a Bond Market High Yield Bond with MODERATE fees.

MHNYX

Madison High Income Fund Class Y

FI Score

25 /100

Expense Ratio Rating

7 /10

Expense Rating

3 /10

Market Score

1 /10

Category Score

0 /10

Market Size

1 /10

25% FI Score
  • mhnyx
  • Mutual Fund
  • Bond
  • High Yield Bond

Madison High Income Fund Class Y

Expenses: 0.75% (Better than 1% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks high current income; the fund also seeks capital appreciation, but only when consistent with its primary goal. The fund invests primarily in lower-rated, higher-yielding income bearing securities, such as "junk" bonds. Under normal market conditions, it invests at least 80% of its net assets (including borrowings for investment purposes) in bonds rated lower than investment grade (BBB/Baa) and their unrated equivalents or other high-yielding securities. Up to 25% of the fund's assets may be invested in the securities of issuers in any one industry, and up to 50% of the fund's assets may be invested in restricted securities.

Largest Holdings

Amount Holding
3.18% Outfront Media Capital LLC / Outfront Media Capital Corp 5.62%
3.12% Ford Motor Company 9%
2.78% iShares iBoxx $ High Yield Corp Bd ETF
2.64% Murphy Oil USA Inc 5.62%
2.37% Alliance Data Systems Corporation 4.75%
2.26% Pilgrims Pride Corporation 5.75%
2.23% Simmons Foods, Inc 5.75%
2.21% American Midstream Partners LP/ American Midstream Finance Corporation 9.5%
1.98% Univision Commmunications Inc. 5.12%
1.90% Calpine Corporation 5.5%
1.89% Iron Mountain Incorporated 5.75%
1.83% Southern Star Central Corp. 5.12%
1.79% HCA Inc. 5.88%
1.77% Berry Plastics Corporation 5.12%
1.76% Tennant Co 5.62%
1.75% DISH DBS Corporation 6.75%
1.72% TransDigm, Inc. 6.25%
1.68% Penske Automotive Group, Inc. 5.75%
1.66% Equinix, Inc. 5.88%
1.64% The AES Corporation 5.5%
1.64% Indigo Natural Resources LLC 6.88%
1.64% Donnelley Financial Solutions Inc 8.25%
1.63% MPT Operating Partnership LP / MPT Finance Corporation 5%
1.63% Amerigas Partners, L.P./Amerigas Finance Corp. 5.5%
1.62% Central Garden & Pet Company 6.12%

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