Madison Funds: “Hain Celestial Group (HAIN) has Significant Upside”
Madison Funds, an investment management firm, published its “Madison Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. The Madison Small Cap Fund Class Y (at NAV) outperformed the Russell 2000 Index by 103 basis points (bps) and by 280 bps compared to the Russell 2500 Index for the Q1 of 2021. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Madison Small Cap Fund, in their Q1 2021 investor letter, mentioned The Hain Celestial Group, Inc. (NASDAQ: HAIN), and shared their insights on the company. The Hain Celestial Group, Inc. is a Lake Success, New York-based food company that currently has a $4.09 billion market capitalization. Since the beginning of the year, HAIN delivered a 2.09% return, extending its 12-month gains to 58.63%. As of April 28, 2021, the stock closed at $40.99 per share.
Is Armstrong World Industries (AWI) A Smart Long-Term Buy?
Madison Funds, an investment management firm, published its “Madison Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. The Madison Small Cap Fund Class Y (at NAV) outperformed the Russell 2000 Index by 103 basis points (bps) and by 280 bps compared to the Russell 2500 Index for the Q1 of 2021. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Madison Small Cap Fund, in their Q1 2021 investor letter, mentioned Armstrong World Industries, Inc. (NYSE: AWI), and shared their insights on the company. Armstrong World Industries, Inc. is a Lancaster, Pennsylvania-based manufacturing company that currently has a $4.9 billion market capitalization. Since the beginning of the year, AWI delivered a 41.53% return, extending its 12-month gains to 88.09%. As of April 28, 2021, the stock closed at $104.03 per share.
Madison Dividend Income Fund’s Q1 2021 Investor Letter
Madison Funds, an investment management firm, published its “Madison Dividend Income Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of +7.6% was delivered by the fund’s Class Y for the Q1 of 2021, ahead of its S&P 500 benchmark that delivered a +6.2% return but below the Russell 1000 Value index that had an +11.2% gain for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Published on April 28, 2021 at 1:28 pm by Inan Dogan, PhD
Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. He launched his hedge fund in 1956 with $105,100 in seed capital. Back then they weren’t called hedge funds, they were called “partnerships”. Warren Buffett took 25% of all returns in excess of 6 percent.
Madison Financial chief executive, Annick Donat has been appointed the new chief executive of Madison parent company, Clime Investment Management Limited.
Madison Small Cap Fund Q3 2020 Investor Letter
Madison Funds, an independent employee-owned investment firm, published its third-quarter Madison Small Cap Fund – a copy of which can be downloaded here. A positive return of 6.97% was recorded by the fund for the 3rd Quarter of 2020, ahead with its Russell 2000 benchmark that returned 4.93%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.
Published on January 14, 2021 at 1:19 am by Inan Dogan, PhD
Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. He launched his hedge fund in 1956 with $105,100 in seed capital. Back then they weren’t called hedge funds, they were called “partnerships”. Warren Buffett took 25% of all returns in excess of 6 percent.