MMDAX
Madison Moderate Allocation Fund
MADISON FUNDS
Fund of funds

Average annual returns

Through 2025
1 year
11.13%
3 year
9.47%
5 year
3.67%
10 year
5.85%

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

81 months through April 30, 2026
Volatility (ann.)
7.94%
Sharpe
-5.82
Sortino
-2.43
Max drawdown
-98.82%
Best month
-0.25%
Worst month
-11.71%
Beta vs VTSAX
0.52
Correlation
0.89

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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