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Madison Mid Cap Fund’s Q3 2025 Investor Letter

Madison Investments, an investment advisor, released its “Madison Mid Cap Fund” third-quarter 2025 investor letter. In the third quarter, the fund (Class I) returned 1.9% compared to the 5.3% increase for the Russell Midcap Index. The Russell Mid Cap Index experienced significant growth in the third quarter of 2025. Information Technology led the performance both in the quarter and YTD. In addition, please check the fund’s top five holdings to know its best picks in 2025.

A copy of Madison Mid Cap Fund’s Q3 2025 investor letter can be downloaded here.