Madison Diversified Income Fund’s Q2 2022 Investor Letter

Madison Funds, managed by Madison Asset Management, LLC, released its “Madison Diversified Income Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. The fund returned -8.51% during the second quarter, outperforming its blended benchmark return of -10.45%. The S&P 500 Index returned -16.10%, while the ICE BofA US Corp. Govt. & Mtg Index returned -4.62%. In addition, you can check the top 5 holdings of the fund to learn about its best picks in 2022.