+Compare
MENAX
Mutual Fund ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
246.88M

MENAX Madison Covered Call & Equity Income A Forecast, Technical & Fundamental Analysis

Category LargeBlend
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Elevance Health (NYSE:ELV), Medtronic plc (NYSE:MDT), American Tower Corp (NYSE:AMT), Las Vegas Sands Corp (NYSE:LVS), Transocean Ltd (NYSE:RIG).

Industry description

The investment seeks to provide consistent total return and, secondarily, to provide a high level of income and gains from option premiums. The fund invests, under normal conditions, primarily in common stocks of large- and mid-capitalization issuers that are, in the view of the fund's investment adviser, selling at a reasonable price in relation to their long-term earnings growth rates. It will invest at least 80% of its net assets in common stocks, with at least 65% of this amount invested in common stocks of large capitalization issuers that meet the fund's selection criteria.

Market Cap

The average market capitalization across the Madison Covered Call & Equity Income A MF is 168.59B. The market cap for tickers in the group ranges from 6.56B to 182.51B. DHR holds the highest valuation in this group at 182.51B. The lowest valued company is RIG at 6.56B.

Volume

The average weekly volume growth across all stocks in the Madison Covered Call & Equity Income A MF was 11%. For the same stocks of the MF, the average monthly volume growth was 33% and the average quarterly volume growth was -12%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 56
P/E Growth Rating: 54
Price Growth Rating: 53
SMR Rating: 57
Profit Risk Rating: 49
Seasonality Score: -20 (-100 ... +100)
View a ticker or compare two or three
A.I. Advisor
published General Information

General Information

Category LargeBlend

Profile
Fundamentals
Details
Category
Derivative Income
Address
Madison420 W 7th Street STE 219083Kansas City
Phone
(800) 767-0300
Web
www.madisonfunds.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
GSCKX12.89N/A
N/A
Goldman Sachs International Eq Inc C
AWEGN/AN/A
N/A
Alger Weatherbie Enduring Growth ETF
SHRAX103.29-0.17
-0.16%
ClearBridge Aggressive Growth A
FSVLX13.73-0.03
-0.22%
Fidelity® Select Fintech Port
GLEPX11.38-0.13
-1.13%
GS Energy Infrastructure Fd Instl Shares

MENAX and

Correlation & Price change

A.I.dvisor indicates that over the last year, MENAX has been closely correlated with JEPAX. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if MENAX jumps, then JEPAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MENAX
1D Price
Change %
MENAX100%
+1.50%
JEPAX - MENAX
73%
Closely correlated
N/A
JEPSX - MENAX
72%
Closely correlated
N/A
JEPIX - MENAX
66%
Loosely correlated
N/A
JEPCX - MENAX
66%
Loosely correlated
N/A
JEPRX - MENAX
65%
Loosely correlated
N/A