# Portfolio overlap — MBLCX vs MCNAX Comparing **Madison Diversified Income Fund** (2026-04-30) and **Madison Conservative Allocation Fund** (2026-04-30). - Shared positions: 4 - Madison Diversified Income Fund covered by Madison Conservative Allocation Fund: 0.07833079500635709518378359536 - Madison Conservative Allocation Fund covered by Madison Diversified Income Fund: 0.07833079500635709518378359536 ## Madison Diversified Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Madison Dividend Value ETF | 0.201056 | | | Madison Short-Term Strategic Income ETF | 0.177439 | | | Madison Aggregate Bond ETF | 0.169166 | | | Madison Covered Call ETF | 0.137139 | | | STATE STREET SPDR PORTFOLIO HI SS SPDR P HIGH YIELD ETF | 0.108296 | | | SCHWAB US DVD EQUITY ETF MUTUAL FUND | 0.075221 | | | V/E JPM EM L C B | 0.061159 | ✓ | | GLOBAL X MLP ETF MUTUAL FUND | 0.031213 | | | iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.019081 | ✓ | | State Street Navigator Securities Lending Government Money Market Portfolio | 0.011554 | ✓ | | State Street Navigator Securities Lending Portfolio II | 0.008631 | ✓ | | Federal National Mortgage Association | 0.000015 | | | Government National Mortgage Association | 0.000013 | | | G2 3068 | 0.000012 | | | FED HM LN PC POOL C01005 FG 06/30 FIXED 8 | 0.000003 | | | Federal National Mortgage Association | 0.000002 | | ## Madison Conservative Allocation Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Madison Core Bond Fund | 0.482534 | | | INVESCO S&P 500 QUALITY ETF MUTUAL FUND | 0.076318 | | | VANGUARD FTSE ALL WORLD EX US ETF | 0.039382 | | | V/E JPM EM L C B | 0.039065 | ✓ | | Distillate U.S. Fundamental Stability & Value ETF | 0.036485 | | | Janus Henderson Mortgage-Backed Securities ETF | 0.034620 | | | Madison Large Cap Fund | 0.033428 | | | ISHARES MSCI EMERGING MARKETS ASIA ETF | 0.033424 | | | iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.030451 | ✓ | | ISHARES CORE US GROWTH ETF | 0.029516 | | | VANGUARD INF T E | 0.027781 | | | State Street Navigator Securities Lending Government Money Market Portfolio | 0.025490 | ✓ | | SCHWAB INTERMEDIATE TERM U S TREASURY ETF | 0.024858 | | | ISHARES CORE S+P SMALL CAP ETF ISHARES CORE S+P SMALL CAP E | 0.023133 | | | State Street SPDR S&P Bank ETF | 0.019848 | | | State Street Navigator Securities Lending Portfolio II | 0.019289 | ✓ | | Vanguard International Equity Index Funds FTSE EUROPE ETF | 0.017000 | | | Franklin Templeton ETF Trust FTSE JAPAN ETF | 0.007379 | | ## Sources - N-PORT (fund A) — accession `0001410368-26-064084` (as of 2026-04-30) - N-PORT (fund B) — accession `0001410368-26-064088` (as of 2026-04-30) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _